Jersey Oil & Gas plc (JOG) has appointed Graham Forbes as chief financial officer (CFO) with immediate effect.
Mr Forbes is a chartered accountant with more than 20 years’ experience in the oil and gas industry and was CFO of Ithaca Energy from 2010 to 2020.
He qualified at PriceWaterhouseCoopers before moving to ExxonMobil, where he worked for more than five years on a variety of operational and acquisition-based projects.
In 2002, Mr Forbes joined First Oil Group where, as finance director and then executive director, he helped develop the business into the UK’s then largest privately owned E&P company.
For the past 10 years he was CFO at Ithaca Energy, transforming the business through both organic developments and multiple acquisitions.
Mr Forbes has extensive quoted company and corporate finance experience, having completed various debt and equity market offerings and the US$1.2 billion sale and subsequent delisting of Ithaca Energy.