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 […]
Tag: chief financial officer – CFO
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 […]
UKOG appoints Matt Gormley as CFO among changes
UK Oil & Gas plc has appointed Matt Gormley as chief financial officer in a non-board position. Mr Gormley was previously group financial controller of Shanta Gold Ltd and an audit manager at Grant Thornton UK LLP. With effect from 1 January 2022 the board will also be restructured. Kiran Morzaria, chief executive of Cadence […]
Tullow Oil chief executive officer Les Wood to leave
Tullow Oil plc has announced that its chief financial officer (CFO) and executive director Les Wood has mutually agreed with the board that he will leave the company. Mr Wood will remain CFO and an executive director of Tullow throughout the current reporting cycle. He is expected to leave the group at the end of […]
Serica appoints Andy Bell as CFO and a director
Serica Energy plc has appointed Andy Bell as chief financial officer and a director of the company with immediate effect. Mr Bell joined the company in 2017 as vice president of finance after previously providing financial consultancy services to Serica. He has extensive experience of upstream finance and systems of reporting and control, having worked […]