Company Moves News Oil & Gas

Corcel appoints new chairman and COO

Corcel plc has appointed current independent non-executive director Pradeep Kabra as chairman. He replaces interim postholder Andrew Fairclough who will continue as independent non-executive director on the board and chair of the audit committee. Both first became Corcel directors in December 2023. “I want to express my gratitude to Andrew for his leadership and guidance […]

Metals & Minerals News

Power Metal grants 6.4m share options

Power Metal Resources plc has granted options over 6.4 million new ordinary shares of 2 pence each in the company to certain directors and staff members. DIRECTORS The options, to subscribe for new ordinary shares at an exercise price of £0.20 each, include 3.75m for board directors and officers. Chief executive Sean Wade received 1,350,000 options; non-executive chairman Scott […]

Company Moves News Oil & Gas

Deltic CEO Graham Swindells steps down

Deltic Energy plc chief executive Graham Swindells has stepped down, effective immediately. His successor will be current chief operating officer Andrew Nunn. “Despite the recent challenges presented by the UK’s political and fiscal environment, I am proud of what we have achieved in establishing Deltic as one of the UK’s leading explorers,” said Mr Swindells. […]

Company Moves Metals & Minerals News

CMR chair Christopher Lambert leaves

Critical Mineral Resources plc chairman Christopher Lambert has left the board of directors with immediate effect. The company said that the board was considering his replacement. The Moroccan-focused company also announced the appointment of general manager Noureddine Sabraou as chief operating officer also with immediate effect. Mr Sabraou is a geologist in the Moroccan mining […]

Company Moves News Oil & Gas

Scirocco Energy COO Doug Rycroft steps down

Scirocco Energy plc chief operating officer Doug Rycroft has stepped down from his position following the company’s completed sale of its Ruvuma gas interest in Tanzania. Chief executive Tom Reynolds said: “As a secondee from Gneiss Energy, which assisted us with the disposal of Ruvuma, Doug has played a critical role in managing Scirocco’s interest […]