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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 eight years with United, and it is very much with mixed emotions that I have made the decision to step down from the executive team,” said Mr Leather.

“Having been part of the journey that saw the company grow from an idea and a sketched-out plan to the full-cycle company it is today, is without doubt one of the most fulfilling things I have been part of professionally.

“I am very pleased to continue to be involved with United in an advisory capacity, and will remain a significant shareholder, continuing to support this capable team as they grow the company.

“Although I will continue to be involved in the company, I would like to take this opportunity to thank Brian and all of my colleagues at United for all the support they have given me over the last eight years.

COMMITMENT

From September, Mr Leather’s non-Jamaican related responsibilities will be shared among the company’s Dublin and Egypt management team until United finds a new COO.

Chief executive officer Brian Larkin added: “Jonathan has been a valued colleague at United since the formation of the company in 2015.

“I would like to take this opportunity to thank him, on behalf of the board and colleagues across United, for his commitment and contribution during his time here and the central role he has played in United’s development to a full cycle oil and gas company.

“He remains central to our strategy on Jamaica and we are delighted that he will continue to support the company on a consultancy basis through to the completion of this farmout process.

“He steps back from his executive role with United with our best wishes for his future.”