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Venture Production (VPC)

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Thursday 10 September, 2009

Venture Production

Directorate Change

RNS Number : 8588Y
Venture Production plc
10 September 2009
 



10 September 2009


Venture Production plc (Venture or the Company)


Venture Board Changes


Venture Production plc announces a number of organisational changes which will take effect upon completion of the process of delisting which is expected to become effective on 2 October 2009.


Mike Wagstaff (Chief Executive), Peter Turner (Finance Director) and Rod Begbie (Corporate Development Director) have decided to leave the organisation following delisting. Simon Waite (Company Secretary) will also leave the Company at the end of October 2009.


Jonathan Roger (Chief Operating Officer) will stay to run Venture's day to day business operations in Aberdeen and Hoofddorp in the Netherlands, reporting to Mark Hanafin (Executive Director, Venture plc and Managing Director, Centrica Energy, Centrica plc).


Commenting on the news, Mark Hanafin said:


"I'd like to pay tribute to Mike's leadership of Venture and his success in developing the business over the last ten years. 


Peter, Rod and Simon have been key figures in Venture in recent years; I'd like to take this opportunity to thank them for their contribution to Venture and to wish them success for the future."


ENDS


Contacts: 


Patrick Handley, Brunswick        020 7474 5959


Centrica Investor Relations        01753 494 900

Centrica Media Relations           08450 728 001


A copy of this announcement is available to view on Venture's website at 

www.venture-production.com






This information is provided by RNS
The company news service from the London Stock Exchange
 
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