Petroneft Resources PLC
05 September 2007
PetroNeft Resources plc
Chief Financial Officer Appointment
PetroNeft Resources plc ('PetroNeft' or 'the Company'), the oil exploration and
production company with assets in Tomsk Oblast, Western Siberia, is pleased to
announce the appointment of Mr. Paul Dowling as Chief Financial Officer. Paul
brings a wealth of experience and will be a welcome addition to the management
team as the Company continues to grow. He will commence employment with the
Company on 1st October 2007 and will be located in Dublin. His summary resume
is as follows.
Paul Dowling, Chief Financial Officer, is aged 35 and has 16 years experience in
the areas of banking, accounting, auditing, taxation, financial reporting, AIM/
IPO reporting, corporate restructuring, corporate finance and acquisitions/
disposals. Most recently he was a Partner in the firm LHM Casey McGrath located
in Dublin. Mr. Dowling has worked in a number of industries and has significant
experience in the Natural Resources sector. He is a fellow of the Association
of Chartered Certified Accountants (ACCA) and a member of the Irish Taxation
Institute. He currently represents the ACCA with the Consultative Committee of
Accountancy Bodies - Ireland (CCAB-I).
Dennis Francis, CEO of PetroNeft Resources plc commented:
'We are delighted that Paul has accepted our offer to become CFO of the Company.
Paul is well known to the management team and will be able to make immediate
and long term contributions to our activities.'
September 5, 2007
For further information please contact:
Dennis Francis, CEO, PetroNeft Resources plc (Houston)
+1 713 988 2500
Desmond Burke, Director Investor Relations, PetroNeft Resources plc (Ireland)
+353 52 53226
John Frain / Brian Garrahy, Davy
+353 1 679 6363
Damien Mauvais, Natixis Bleichroeder
+44 207 220 5184
Nick Elwes/Paddy Blewer, College Hill (UK)
+44 207 457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
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