Daily News: January 29, 2014

Transfac Capital Appoints Hamel as BDO

Transfac Capital announced the appointment of Steve Hamel as its business development officer, responsible for leading the company’s efforts to increase its marketshare of the oil and gas sector in the North Dakota Bakken and surrounding states.

With over 10 years’ experience in new business development and customer relationship management, Hamel is expected to play an instrumental role in winning Transfac the trust of local business owners and operators in the high-growth North Dakota Bakken play.

Mike Miller, director of New Markets at Transfac, stated, “As our company has continued to expand its presence within the domestic oil and gas industry, it has become imperative that we have strong, capable representation in place to support the specialty financing needs of companies in the Bakken region. With this goal in mind, we are very pleased to welcome Steve to our business development team and believe he will prove to be a valued asset to Transfac and to our customers.”

“I’m very excited to begin fostering new business opportunities while supporting existing relationships for Transfac in an area that I have grown to love. For local E&P companies and industry service providers, the boom taking place in the Bakken continues to fuel both unique business challenges and growth possibilities, and Transfac stands ready to help these companies confront them head on. I look forward to leveraging Transfac’s respected reputation and funding capabilities to earn our company distinction as the premier provider of specialty financial solutions to the oil and gas industry in this region.”