Board Changes

RNS Number : 2766B

BowLeven Plc

03 April 2017

 

3 April 2017

Bowleven plc ('Bowleven' or 'the Company')

Board Changes

The Company is pleased to announce that it has appointed Joseph Darby as a Non-Executive Director with immediate effect.

Mr Darby has more than 40 years' experience in the upstream oil & gas industry. He is currently the Senior Independent Non-Executive Director at both Premier Oil plc and Gulfsands Petroleum plc, having previously held the role of Chairman at Faroe Petroleum plc and Mowlem plc.  He acted as Chief Executive Officer of Lasmo plc prior to its acquisition by ENI and is a former non-executive director of Alkane Energy Limited, Centurion Energy, Inc and British Nuclear Fuels Limited.

Eli Chahin, who was appointed to the Board of the Company following the General Meeting on 14 March 2017 has been appointed Acting Chief Executive Officer, also with immediate effect.

Additional information:

Joseph Darby (age 68)

Current directorships:

§ Premier Oil plc

§ Gulfsands Petroleum plc

§ Sandleigh Limited

Former directorships and partnerships (in the last 5 years):

§ Alkane Energy Limited

Save for the above, there is no further information that is required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies with respect to the appointment.

ENQUIRIES

For further information please contact:

Bowleven plc

Christopher Ashworth, Chairman                                  00 44 131 524 5678

David Clarkson, Chief Operating Officer

Brunswick Group LLP

Patrick Handley                                                            00 44 207 404 5959

Will Rowberry                                                 

Cenkos Securities plc (NOMAD)                                            

Derrick Lee                                                                  00 44 131 220 6939

Neil McDonald

Notes to Editors:

Bowleven is an African focused oil and gas group, based in Edinburgh and traded on AIM. Bowleven's vision is to build an African focused company dedicated to creating and realising material value through organic growth and niche acquisitions. Bowleven holds equity interests in two blocks in Cameroon, with one block located offshore in shallow water (operated by NewAge) and one onshore (operated by Bowleven).

 

END

 

 

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