News Oil & Gas

Capricorn awards 400,000 share options to CFO

Capricorn Energy has awarded 400,000 nil-cost options over its ordinary shares of 735/143 pence each to its chief financial officer Eddie Ok. The grant on 8 April was made under the company’s long term incentive plan approved by shareholders in 2017. All shares were awarded at £1.75 per share, in line with those made on 2 […]

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Beacon CEO Larry Bottomley to step down

Beacon Energy plc chief executive officer Larry Bottomley will step down from 1 June 2024. His replacement is the company’s chief financial officer Stewart MacDonald. Mr Bottomley, who will become a non-executive director, has more than 40 years’ industry experience and became Beacon’s CEO in January 2022. He was instrumental in re-establishing the company from […]

News Oil & Gas

Tullow Oil CEO-CFO exercise total 10.5m share options

Two Tullow Oil plc directors have exercised a combined 10.5 million granted nil price options over ordinary shares of 10p each in the company. On 11 March, chief executive officer Rahul Dhir acquired 5,549,057 shares in relation to the company’s executive share plan for the performance period 2024-2026. He also acquired 1,144,385 shares from options […]

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Red Rock CFO Scott Kaintz retires as a director

Red Rock Resources plc’s chief financial officer Scott Kaintz has retired as a director. Mr Kaintz, expected to retire by rotation, was due offer himself for re-election at the company’s general meeting on 16 February. The resolution was withdrawn and Mr Kaintz remains the CFO. All other resolutions were passed on a show of hands.

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EnQuest appoints Salman Malik as CEO of Veri

EnQuest plc has appointed chief financial officer and managing director, infrastructure and new energy Salman Malik as chief executive officer of its wholly owned subsidiary Veri Energy. Veri will manage EnQuest’s existing infrastructure and new energy business as part of EnQuest’s ambitions to build an infrastructure and new energy business in a “capital-light manner”. At […]

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United appoints Simon Brett as interim CFO

United Oil & Gas plc has appointed Simon Brett as interim chief financial officer and company secretary, effective immediately. Mr Brett has sectoral and public market experience having worked 14 years at Barryroe Offshore Energy plc in a senior executive position and latterly ten years as CFO. He previously held senior finance positions with Coca […]