Power Metal Resources plc’s chief executive officer Paul Johnson has stepped down with immediate effect because of critical family health matters. He will be replaced by Sean Wade and will leave the board on 17 March. Mr Johnson will continue to work with the company on the managerial transition, communication strategies and notably “accelerate the […]
Tag: company moves
Angus proposes new CEO and chairman
Angus Energy plc’s chief executive officer George Lucan plans to step down to become executive chairman in one of a number of proposed board changes. CHANGES The company said that the moves were in line with its vision of becoming a “significant player in the aggregation, production and storage of gas”. As executive chairman, Mr […]
Capricorn appoints Clare Mawdsley as acting CFO
Capricorn Energy plc has appointed Clare Mawdsley, previously director of finance, as acting chief financial officer (CFO). Current CFO James Smith is expected to leave the company soon after eight years’ service. Ms Mawdsley joined Capricorn in 2013 as a tax advisor before becoming head of tax in 2019. She had held the role of […]
Tullow Oil appoints Roald Goethe as NED
Tullow Oil plc appointed Roald Goethe as an independent non-executive director of Tullow with effect from 24 February 2023. Mr Goethe is an oil and gas executive with extensive commercial knowledge of the energy industry in Africa including business development, M&A, and in oil markets specifically hedging, financing and trading. In 1994, he joined Trafigura Group as […]
Helium One-Noble to secure rig for Rukwa
Helium One Global Ltd and Noble Helium have agreed to co-operate to secure a suitable drilling rig, associated services and arrange logistics for its proposed drilling campaign at Rukwa in Tanzania. DRILLING CAMPAIGN In January, the company had to review alternative rig options after the expected rig became unavailable for Phase II drilling operations. The […]
Helium One appoints Kai Gruschwitz as technical director
Helium One Global Ltd has appointed Kai Gruschwitz as technical director. The company said it had issued 3,000,000 ordinary share options to Mr Gruschwitz. These will vest in three equal tranches over the next three years and are exercisable at 6.25p per share, a premium of 16.8% to the closing share price on 22 February […]