Mr. Bugg was the founder of Ensign Drilling, Inc. and Beau Canada Exploration Ltd., Genoil was once a wholly owned subsidiary of Beau Canada Exploration, and Mr. Bugg was the CEO of Genoil for many years.
| Mr. Bugg was the former President of Beau Canada Exploration Ltd. Part of his responsibilities included overseeing the finance, accounting and treasury functions of the Company. He sold Beau Canada to Murphy Oil (NYSE:MUR) for $200 million USD. ( https://www.lexpert.ca/big-deals/murphy-oil-acqures-beau-canada-exploration/344045 ) When he sold BEAU to MUR, Tom spun Genoil off into a separate company. |
Thomas F. Bugg has returned to the board of Genoil, Inc. In the past he held the position of President & Director at Genoil, Inc. and Chairman, President & Chief Executive Officer for Beau Canada Exploration Ltd.
He received an undergraduate degree and a graduate degree from the University of Saskatchewan.