RE: Dividends6 Jan 2019 08:38
Vote of confidence due to new CEO Before his career in the oil and gas industry, James Berwick served for 12 years in the British Army and the French Foreign Legion.
In line with the Company's policy of aligning management's remuneration with significant production growth, it is intended that James will participate in the Management Incentive Scheme under which options will generally not vest until daily total oil production at Tilapia reaches certain production milestones measured over a consecutive 30-day period: one-third at 1,000 bopd; one-third at 2,500 bopd; one-third at 5,000 bopd.