Board Change

Europa Oil & Gas (Holdings) PLC

08 April 2024

 

Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas

8 April 2024

Europa Oil & Gas (Holdings) plc

("Europa" or the "Company")

Board Change

Europa Oil & Gas (Holdings) plc, the AIM quoted UK, Ireland and West Africa focused oil and gas exploration, development and production company, is pleased to announce the appointment of Dr Eleanor Rowley to the board as Independent Non-executive Director with immediate effect.

Dr Rowley has extensive experience in the upstream energy sector working as a geoscientist in both exploration and development projects. She is a proven hydrocarbon finder who has been responsible for multiple impactful discoveries in India, Cyprus and MENA[1] and has been responsible for evaluating exploration and appraisal opportunities across multiple jurisdictions including sub-Saharan Africa.

Dr Rowley is currently Managing Director at Capricorn Energy (Egypt), where she was initially responsible for setting up Capricorn's business in Egypt, involving a net investment of >US$300 million in the last two calendar years, and now manages that business, which averaged gross production of 75 kboepd[2] in 2023. Prior to that, she held senior executive positions with supermajors as well as mid-size and small E&P[3] companies in multiple geographies, including a period as Vice President Exploration (MENA & Caspian Southern Europe) at TotalEnergies where she was responsible for the region's exploration and appraisal projects, new business development strategy, exploration operations and technical excellence.

Dr Rowley holds a BA in Earth Science from Oxford University and a PhD in Geophysics from Cambridge University.

Brian O'Cathain, Chairman of Europa, commented:

"We are delighted that Eleanor has agreed to join the Europa board. She has extensive experience, both in exploration and appraisal/development projects, and will bring deep technical expertise and leadership to the board. Her extensive knowledge of exploration and appraisal asset evaluation will complement the existing strengths of the board very well. Her appointment as Independent Non-executive Director enhances the independent governance at Europa, returning the board to a majority of independent directors. I look forward to working with Eleanor on the board as the executive team continues to build on our exciting portfolio of assets, grows our business and generates value for our shareholders."

Further information on Eleanor Jane Rowley, as required in accordance with Schedule 2(g) of the AIM Rules for Companies:

Eleanor Jane Rowley, aged 51

Current Directorships / Partnerships	Past Directorships / Partnerships (last 5 years)
Capricorn Egypt Limited	None
Badr el-Din Petroleum Company

Dr Rowley has no direct or indirect interest in the Company's issued share capital.

There is no further information to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.

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For further information, please visit www.europaoil.com or contact:

William Holland	Europa Oil & Gas (Holdings) plc	[e-mail]
James Dance / James Spinney / Rob Patrick	Strand Hanson Limited - Nominated & Financial Adviser	[phone]
Peter Krens	Tennyson Securities	[phone]
Patrick d'Ancona / Finlay Thomson / Kendall Hill	Vigo Consulting	+ 44 (0) 20 7390 0230

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[1] Middle East North Africa

[2] Thousand Barrels of Oil Equivalent Per Day

[3] Exploration and Production

 

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