Tuktu Resources Ltd. Announces Appointment of New President & Chief Executive Officer

Executive Summary

• Jeremy Hodder, P. Tech (Eng), PMP, MBA, has been appointed President and CEO of Tuktu Resources Ltd., effective immediately.
• The Board’s Chair, Kathleen Dixon, steps down from her interim President/CEO role and will continue as Board Chair.
• Under the new leadership, the company will focus on strengthening core oil production, de‑risking Monarch Banff and Big Valley drilling projects, and enhancing cost control and shareholder value creation.

Key Details

• New CEO: Jeremy Hodder – former President & CEO of Capillary Resources Corp.; Executive Consultant at ARC Financial Corp.; Vice President, Operations at Primavera Resources Corp.; Director of Construction, Drilling & Completions at Petronas Canada.
• Board Chair Transition: Kathleen Dixon resigns as Interim President/CEO; remains Board Chair.
• Strategic Focus Areas:
• Strengthen existing oil‑producing operations in southern Alberta.
• Allocate additional capital to de‑risk Monarch Banff and Big Valley drilling opportunities.
• Emphasize cost control, operational excellence, and shareholder value creation.
• Quotes:
• Kathleen Dixon (Board Chair): “After careful consideration… we are thrilled to welcome Jeremy Hodder as our new President and CEO.”
• Jeremy Hodder (President & CEO): “I look forward to continuing this important work and leading the Company into its next phase of operations, with a view towards providing increased value to Tuktu Shareholders.”

Notable Quotes

• “Tuktu has a strong asset base and looks to build momentum through the final months of 2025 as we move into the new year.” – Jeremy Hodder, President & CEO.