Deltic Energy plc has granted options over a total of 2,025,000 ordinary shares in the company to its directors, senior management and employees. INCENTIVES The options each have an exercise price of 28.25 pence, being the closing mid-market price of an ordinary share on 23 August 2023. The grant of options is a mixture of […]
Tag: chief operating officer – COO
United COO Jonathan Leather steps down after eight years
United Oil & Gas plc chief operating officer and executive director Jonathan Leather steps down after working for the company since its formation in 2015. MIXED EMOTIONS He will leave on 31 August and become a consultant with the company while the farm out process continues for its Jamaica licences. “It has been an incredible […]
WCM appoints general counsel and COO
West Cumbria Mining has further added to its team aiming to develop a coking coal mine off the west coast of Whitehaven. Douglas Hall, originally from Edinburgh, takes on the new position of general counsel. He has more than 30 years’ UK and international legal experience much of which involves mining projects. During his career, […]
Block appoints Guram Maisuradze as COO
Block Energy plc has made new appointments including promoting Guram Maisuradze to chief operating officer (COO). Mr Maisuradze has worked for the company for five years, holding the role of operations manager. He has been responsible for planning and executing the drilling of new wells and for the overall management of production operations. Outgoing COO Dr Ken […]
Block increases loan to $2m for Georgia drilling
Block Energy plc has increased its US$1.06 million loan, secured in February 2023, by $940,000 for its oil and gas operations in Georgia. DIRECTORS’ DEALINGS The funds will maintain scheduled liftings and accelerate procurement of materials to drill its next project I wells, the first of which is KRT-45Z, in the West Rustavi/Krtsanisi field. The […]
Europa appoints Alastair Stuart as COO
Europa Oil & Gas (Holdings) plc has appointed Alastair Stuart as chief operating officer and an executive director, with immediate effect. Mr Stuart has more than 30 years’ experience in operational, commercial and technical roles in the energy and IT sectors. As a 1982 graduate of Herriot-Watt’s Masters programme in Petroleum Engineering, he began his […]