IGas Energy plc has appointed Frances Ward as chief financial officer and a board director, with immediate effect. Ms Ward has more than 15 years’ senior management experience in the international oil and gas sector. She joined IGas in 2017 as group financial controller and became finance director in July 2020. Her current directorships are […]
Tag: chief financial officer – CFO
Block CFO William McAvock resigns to improve company’s efficiencies
Block Energy plc’s chief financial officer William McAvock had agreed to resign as part of the company’s drive to improve efficiencies. REDUNDANT The company has also made the position of CFO redundant as part of its “continuing efforts to improve efficiency across its oil and gas business in Georgia”. “During his service of over three […]
Chesterfield appoints Ajay Kejriwal as interim CEO
Chesterfield Resources plc has appointed chief financial officer Ajay Kejriwal as interim chief executive officer. Chesterfield said that he would continue as CFO and has agreed to a reduction in renumeration as he increases his responsibilities to the company. During the interim period, Chesterfield will focus on third party transactions following which it intends to […]
Orcadian to raise £1 million via placing
Orcadian Energy plc said it is to raise £1 million gross through the placing of 2,857,143 ordinary shares to certain institutional and other investors at a price of 35 pence per share. DIRECTOR DEALING Chief financial officer Alan Hume has subscribed for 228,571 placing shares for £80,000, taking his total held to 4,036,960, representing 6.1% of the enlarged […]
Europa appoints Will Holland as CFO-executive director
Europa Oil & Gas (Holdings) plc has appointed Will Holland as chief financial officer (CFO) and executive director effective 1 June 2022. He has been consulting for Europa since November 2021 and orchestrated the equity raise for the Serenity farm-in, and will now join full time. Mr Holland’s career spans more than 25 years in […]
Tullow Oil CFO Les Wood steps down
Tullow Oil & Gas plc announced that its chief financial officer (CFO) Les Wood has left, as previously arranged, after a total eight years with the company. Mr Wood, who has been CFO for the past five years, joined Tullow during 2014 as the group’s vice president for commercial and finance. He will be replaced […]