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Pin to quick picksBaron Oil Share News (BOIL)

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EXECUTIVE CHANGES: Filtronic appoints Nathaniel Edington as CEO

Tue, 02nd Apr 2024 12:26

(Alliance News) - The following is a round-up of executive changes by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Baron Oil PLC - London-based oil and gas exploration company - Former chief executive officer Andy Yeo has stepped down from the board on Monday after the company transitions to Andy Butler as its new CEO. Further, company notes progress in appointing a new chair.

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Beacon Energy PLC - oil and gas company - Promotes Chief Financial Officer Stewart MacDonald to chief executive officer from June 1, the day current CEO Larry Bottomley intends to retire from his role. Bottomley has been CEO since the start of 2022 and will continue to support the company as a non-executive director. The company adds that its search for a chief operating officer to support the technical and operational workstreams in the executive team will start soon. Company adds that the rig mobilisation regarding the upcoming SCHB-2 sidetrack operation is on track with the rig due to arrive in location in mid-April with the sidetrack operation set to start the following week.

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DSW Capital PLC - Warrington, England-based financial advisory that provides advisory services in areas such as corporate finance and due diligence - Promotes Business Development & Operations Director Peter Fendall to chief operating officer. He joined the company in September 2021 and helped facilitate the initial public offering. Further, DSW appoints him as interim chief financial officer from May 17, replacing Nicole Burstow, the current CFO and deputy chief executive officer who is leaving the company.

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Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Appoints Nathaniel Edington as CEO from May 13, replacing outgoing CEO Richard Gibbs, who will retire from his role that day but continue to support the company until November. Incoming CEO Edington has held executive leadership positions at Austria-based semiconductor firm AMS AG and former semiconductor firm Wolfson Microelectronics PLC, which was bought by Austin, Texas-based Cirrus Logic Inc in 2014. "Nat has considerable knowledge and experience of the sector and the markets in which Filtronic operate and has demonstrated excellent leadership qualities aligned with Filtronic's people-focused culture, and drive for growth," Filtronic says.

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Genel Energy PLC - oil and gas exploration and production company, formerly focused on exports to the Kurdistan region - Deputy Chair Michael Fallon indicates intention to retire from the company's board at the annual general meeting next month.

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Naked Wines PLC - Norwich-based online wine seller - Appoints Rodrigo Maza as chief executive officer, effective Tuesday, which is also the first day of the company's financial year 2025, as Rowan Gormley returns to his previous role as non-executive chair. Further, Naked Wines appoints Paul Calandrella as general manager of Naked Wines USA from mid-April.

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Strix Group PLC - Isle of Man-based provider of kettle safety controls - Confirms that Chief Financial Officer Clare Foster has joined the board on Tuesday.

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By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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18 Dec 2023 13:22

Baron Oil inks contract with Timor Gap for farm-up in Timor Leste

(Alliance News) - Baron Oil PLC on Monday said it has signed a memorandum of understanding with Timor Gap Chuditch Unipessoal Lda for the farm-up of the Chuditch production sharing contract, offshore Timor Leste.

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18 Dec 2023 11:34

Baron enters farm-up deal with Timor-Leste national oil firm

(Sharecast News) - Baron Oil announced a proposed farm-up agreement on Monday, under which it would assign a 15% working interest in the TL-SO-19-16 production sharing contract at Chuditch, offshore Timor-Leste, to a subsidiary of the Timor-Leste National Oil and Gas Company TIMOR GAP.

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EARNINGS AND TRADING: Lowland Investment NAV falls but dividend hiked

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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TRADING UPDATES: SkinBio launches food supplement on Amazon

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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30 Nov 2023 14:10

Baron Oil moving forward with Chuditch appraisal drilling

(Sharecast News) - Baron Oil updated the market on preparations for drilling within the TL-SO-19-16 production sharing contract (PSC), located offshore Timor-Leste, on Thursday.

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11 Oct 2023 14:37

Baron Oil reveals plans for Chuditch appraisal well

(Sharecast News) - Baron Oil announced further details on the planned Chuditch-2 appraisal well in the Chuditch gas field on Wednesday, on the TL-SO-19-16 production sharing contract offshore Timor-Leste.

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11 Oct 2023 13:57

IN BRIEF: Baron Oil announces Chuditch-2 well location

Baron Oil PLC - London-based oil & gas exploration and appraisal company - Says chosen location for

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25 Sep 2023 14:25

Baron Oil focuses on oil production near Timor-Leste as loss widens

(Alliance News) - Baron Oil PLC on Monday reported an increased interim loss due to higher costs as it remained focused on its Chuditch production sharing contract about 115 miles south of Timor-Leste.

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5 Sep 2023 16:50

IN BRIEF: Oneiro appoints chair; restored to trading post-earnings

Oneiro Energy PLC - London-based special purpose acquisition company focused on energy transition, primarily away from oil - Appoints Andrew Yeo as non-executive chair. Says Robert Jones remain on the board as a non-executive director. Says Yeo has "significant expertise" in the oil and gas sector. Notes Yeo currently serves as chief executive officer of AIM-quoted Baron Oil PLC and has held a variety of roles in private equity, alongside operational and financial experience in exploration and production activities whilst serving as chief financial officer of Wessex Exploration PLC.

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12 Jul 2023 12:17

IN BRIEF: Reabold Resources gets extension for licence with Baron Oil

Reabold Resources PLC - oil and gas company with projects in the UK, US and Romania - Gets an extension until July 2025 for licence P2478, which it holds a 36% working interest in. Baron Oil PLC holds a 32% interest in the licence. The extension is from the UK North Sea Transition Authority.

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29 Jun 2023 18:56

TRADING UPDATES: abrdn New India, Chelverton UK net assets fall

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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2 Jun 2023 12:49

Baron Oil subsidiary gets extension to Chuditch PSC

(Sharecast News) - Baron Oil updated the market on the TL-SO-19-16 production sharing contract (PSC) on Friday, located offshore Timor-Leste.

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AIM WINNERS & LOSERS: Pelatro surges on "large" contract

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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2 Jun 2023 09:09

Baron Oil "maximises chances" of farmout with Chuditch extension

(Alliance News) - Baron Oil PLC on Friday said its subsidiary, SundaGas Banda Unipessoal Lda, has been granted a six-month extension to its Chuditch contract in Timor-Leste.

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