Appointment of Geological Adviser

RNS Number : 6352R

Wildcat Petroleum PLC

08 November 2021

 

8 November 2021

Wildcat Petroleum Plc

("Wildcat" or the "Company")

Appointment of Geological Adviser

Wildcat Petroleum plc (LSE: WCAT), which is targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry is pleased to announce the appointment of Christopher Matchette-Downes as Geological Adviser to the Company.

Christopher, who will provide his services through MDOIL Limited, has over 30 years' experience in identifying and developing oil and gas exploration assets in the Americas, Africa and in Europe, as well as securing funding for a number of projects. He is a renowned expert on the petroleum geology of East Africa and, through his extensive work on the African continent; he has built-up good relations with various African Government ministries over the years. He has particular expertise in East Africa where he has previously helped to secure several oil & gas licences and brings investment and interest to the Continent

Mandhir Singh, Chairman of Wildcat, commented:  "I am delighted that Christopher has agreed to join the Wildcat team. He has a proven record when it comes to securing oil assets in Africa and I believe he will make an important contribution. As the Company closes in on its target areas and assets within the upstream sector of the petroleum industry, we continue to see excellent opportunities in Africa as nations seek to benefit from their underexplored hydrocarbon reserves. Hopefully in the near future we will be adding to our deal sourcing team with the recruitment of other consultants of the calibre of Matchette-Downes as well as expanding our capability to source finance when a suitable asset has been acquired"

Christopher Matchette-Downes commented: "I am pleased to be supporting Wildcat as it seeks to acquire oil and gas assets as part of its stated strategy. I look forward to working with the team to generate new investment opportunities and am confident that we will secure suitable sustainable projects from  the many opportunities  that have been identified."

Enquiries:

Wildcat Glyn Roberts	[e-mail]
Guild Financial Advisory Ross Andrews	[e-mail]
Yellow Jersey (Investor Relations)  Joe Burgess	[phone] [e-mail]

Notes to Editors:

Wildcat Petroleum (LSE:WCAT) is listed on the standard segment of the official list, with shares traded on the main market of the London Stock Exchange. WCAT is seeking to acquire a business operating in the upstream sector of the petroleum industry - namely exploration, appraisal, development and production of oil and gas, with a primary focus on assets that are at the later phases of exploration and production.

https://www.wildcatpetroleum.co.uk/

Further information on Christopher Matchette-Downes:

· 30+ years of geological and geochemical scientific experience

· 20 years of concurrent global exploration & production business development and project management

· Has worked on projects in the North Sea. Contributed to the identification and sourcing of 5 North Sea permits for Cluff Natural Resources Plc. (now Deltic)

· Developed and secured seismic survey rights in South Africa, Mozambique, Tanzania, Kenya, & Namibia

· Promotion of licence rounds for the Jamaican and Tanzanian governments

· Founder member of EAX &Black Marlin Energy Limited which secured 12 exploration blocks in Kenya, Tanzania, Ethiopia, Madagascar & Seychelles. In 2010, Black Marlin Energy Limited was sold to AFREN for CDN $106m

· Formed Adamantine Energy Limited which secured a block in Kenya

· Has identified, secured & developed E&P projects in Central America (Honduras& Nicaragua)

· Has identified, secured and developed projects in the western Caribbean (Jamaica, Dominican Republic, Republic of Haiti, Curacao and Barbados

· Founder, owner, and director of MDOIL Ltd, CaribX Ltd and Helium Resources Ltd

· Regularly gives talks and presentations at institutions such as the London Geological Society

· Regular writer of papers and articles on the hydrocarbon potential of various East African oil basins

· Founder and contributor to the East African Oil Forum

 

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