November 16, 2009 (FinancialWire) — Ivanhoe Energy Inc. (NASDAQ: IVAN) has appointed Gerald Schiefelbein as the company’s chief financial officer of, to succeed retiring CFO Gordon Lancaster.

Lancaster is retiring after six years as Ivanhoe Energy’s CFO. Prior to joining Ivanhoe, Schiefelbein was CFO with Chicago-based BP Integrated Supply & Trading, where he led the finance department for BP’s (NYSE: BP) crude and oil-products supply and trading operations in the Americas.

Canada-based Ivanhoe Energy is an independent international heavy-oil development and production company focused on growing its reserves and production using advanced technologies, including its proprietary heavy-oil upgrading process.

The company’s core operations are in Canada, Ecuador and China.

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