Premier Oil has announced the proposed appointment of three additional independent, non-executive directors (NEDs) to its board. Alan Ferguson, Margareth Øvrum and Andy Hopwood will be appointed with effect from completion of the merger with Chrysaor, except Ms Øvrum whose appointment will be effective on the later of 1 April 2021 and completion of the […]
Company Moves
Altona Energy appoints Cedric Simonet as NED
Altona Energy plc has appointed Cedric Simonet as a non-executive director with immediate effect. French geologist Cedric Simonet, 47, has spent most of the past 25 years living and working in Africa and works as an independent consultant in mineral development across the continent. He graduated from Université Blaise Pascal with a Masters in Geology in […]
Kavango Resources chairman Douglas Wright to leave
Kavango Resources plc’s chairman and non-executive director Douglas Wright will resign at the end of 2020 to concentrate on his other business interests. Mr Wright joined the company as non-executive chairman prior to its admission to the Official List in 2018 and helped guide the company through the IPO process. Kavango co-founder and non-executive director Mike […]
United appoints Tom Hickey as independent NED
United Oil & Gas plc has appointed Tom Hickey as independent non-executive director with effect from 1 January 2021. He will also chair United’s audit committee and will sit on the company’s AIM compliance and remuneration committees. Mr Hickey was chief financial officer for Tullow Oil plc from 2000 to 2008 and took a central […]
Premier and Chrysaor to form Harbour Energy
Chrysaor Ltd and Premier Oil plc’s proposed reverse takeover will result in a new name for the company of Harbour Energy plc. Harbour Energy will be the largest London-listed independent oil and gas company by production and reserves. The company’s board will comprise 11 directors including six independent non-executive directors, two non-executive directors appointed by funds […]
Premier Oil CEO Tony Durrant steps down from board
Premier Oil chief executive Tony Durrant stepped down today (16 December) from the company’s board of directors. He will remain CEO until 31 December 2020. Finance director Richard Rose will be the interim chief executive from 1 January 2021 until completion of Premier’s proposed merger with Chrysaor. Chief operating officer Stuart Wheaton will be interim […]