Predator Oil & Gas Holdings plc has appointed its executive chairman Paul Griffiths as chief executive officer among other changes to board.
Former chief operating officer Lonny Baumgardner leaves the board for personal reasons and the post of managing director is removed from the management structure.
“The board wishes to thank Mr Baumgardner for his efforts in achieving the successful Guercif drilling programme and wish him every success in the future,” said Predator.
The company will also appoint an independent non-executive chairman to the board following publication later this month of its half-year results.
The board changes follow an internal review of Predator’s work programmes and objectives for 2024 and 2025.