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3 Apr 2017 07:00
3 April 2017
Bowleven plc ('Bowleven' or 'the Company')
Board Changes
The Company is pleased to announce that it has appointed Joseph Darby as a Non-Executive Director with immediate effect.
Mr Darby has more than 40 years' experience in the upstream oil & gas industry. He is currently the Senior Independent Non-Executive Director at both Premier Oil plc and Gulfsands Petroleum plc, having previously held the role of Chairman at Faroe Petroleum plc and Mowlem plc. He acted as Chief Executive Officer of Lasmo plc prior to its acquisition by ENI and is a former non-executive director of Alkane Energy Limited, Centurion Energy, Inc and British Nuclear Fuels Limited.
Eli Chahin, who was appointed to the Board of the Company following the General Meeting on 14 March 2017 has been appointed Acting Chief Executive Officer, also with immediate effect.
Additional information:
Joseph Darby (age 68)
Current directorships:
§ Premier Oil plc
§ Gulfsands Petroleum plc
§ Sandleigh Limited
Former directorships and partnerships (in the last 5 years):
§ Alkane Energy Limited
Save for the above, there is no further information that is required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies with respect to the appointment.
ENQUIRIES
For further information please contact:
Bowleven plc
Christopher Ashworth, Chairman 00 44 131 524 5678
David Clarkson, Chief Operating Officer
Brunswick Group LLP
Patrick Handley 00 44 207 404 5959
Will Rowberry
Cenkos Securities plc (NOMAD)
Derrick Lee 00 44 131 220 6939
Neil McDonald
Notes to Editors:
Bowleven is an African focused oil and gas group, based in Edinburgh and traded on AIM. Bowleven's vision is to build an African focused company dedicated to creating and realising material value through organic growth and niche acquisitions. Bowleven holds equity interests in two blocks in Cameroon, with one block located offshore in shallow water (operated by NewAge) and one onshore (operated by Bowleven).
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