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Edmonton Journal: Ex-oilman stays on oil, gas panel

Journal Staff EDMONTON

A former Shell Canada executive who owns millions of dollars of company stock options will stay on a panel looking at Alberta’s shareof oil and gas revenues, Finance Minister Lyle Oberg said Wednesday.

Sam Spanglet, a former executive with Shell Canada, was named to Oberg’s review panel last Friday. Spanglet, who retired last year, has said he has a couple of million dollars worth of stock options in the company.

Opposition parties have said Spanglet’s involvement represents a conflict because the panel’s findings could affect his financial future. Both Liberal Leader Kevin Taft and NDP Leader Brian Mason have called for Spanglet’s dismissal.

Oberg said Spanglet will stay. Spanglet’s retirement last year gives him sufficient objectivity to sit on thepanel, he said.

“He brings a wealth of experience to the job.”

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