28 Oct 2013 07:00
Cluff Natural Resources plc / Index: AIM / Epic: CLNR / Sector: Natural Resources
28 October 2013
Cluff Natural Resources plc ('CNR' or 'the Company')
Board Appointments
Cluff Natural Resources plc, a company founded by natural resources entrepeneur Algy Cluff, is pleased to announce that it has made two new Board appointments. Graham Swindells has been appointed as the Company's Finance Director and Christopher Matchette-Downes has been appointed as a Non-Executive Director with immediate effect.
Graham Swindells joined the CNR management team in May 2013 as Chief Financial Officer.
Christopher Matchette-Downes is foremost a geologist and petroleum geochemist with particular expertise and interests in Africa having identified key petroleum plays in both the East and West of the continent as well as significant experience in the greater Caribbean region. Christopher has worked in the oil and gas sector for over 30 years and has worked for both BP and BG. His extensive E&P business development experience has seen him focus on specific plays in the UK, Europe, Africa, Middle and Far East, Australia and America. He is currently the CEO of CaribX (UK) Limited and Director of Adamantine Energy (Kenya) Limited where he has built the teams, raised funds and secured acreage agreements throughout Central America, the Caribbean and East Africa. He also founded Black Marlin Energy Holdings Limited which was acquired by Afren Plc in 2010.
Mr Algy Cluff, Chairman and Chief Executive of Cluff Natural Resources commented, "I am delighted to welcome both Graham and Christopher to the CNR Board of Directors. Christopher is a highly respected petroleum geologist with a track record of finding and securing commercial deals, and with his worldwide experience and contacts we anticipate his appointment will be instrumental towards our growth. We add these two highly experienced members to our Board at an exciting time for the Company as we aim to address our country's energy needs whilst building value for shareholders."
For further information visit www.cluffnaturalresources.com or contact the following:
Cluff Natural Resources Plc | |
Algy Cluff/Graham Swindells | Tel: +44 (0) 20 7887 2630 |
Shore Capital and Corporate Limited (Nominated Adviser) | |
Pascal Keane / Toby Gibbs | Tel: +44 (0) 20 7408 4090 |
Shore Capital Stockbrokers Limited (Broker) | |
Jerry Keen | Tel: +44 (0) 20 7408 4090 |
St Brides Media & Finance Ltd | |
Felicity Edwards / Frank Buhagiar / Lottie Brocklehurst | Tel: +44 (0) 20 7236 1177 |
Regulatory Information:
Graham Cameron Swindells (age 41) has an interest in 88,112 ordinary shares representing approximately 0.1 per cent. of the Company's issued ordinary share capital.
Graham is or has been a director or partner of the following companies or partnerships during the previous 5 years:
Present directorships / partnerships | Directorships / partnerships held over past 5 years |
GCS Advisory Limited |
There is no further information on Mr Swindells required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.
Christopher John Matchette-Downes (age 54) is or has been a director or partner of the following companies or partnerships during the previous 5 years:
Present directorships / partnerships | Directorships / partnerships held over past 5 years |
Adamantine Energy (Kenya) Limited | CaribX BVI Limited |
Adamantine Energy Limited | Exactoil International Limited |
Carbon13 Limited | |
CaribX (UK) Limited | |
CaribX Honduras Oil & Gas SA de CV | |
CaribX Nicaragua Oil & Gas SA de CV | |
MDOIL Limited | |
Oilsearch plc | |
Rebellion Oil Limited |
There is no further information on Mr Matchette-Downes required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.
**ENDS**
Notes to Editors
Cluff Natural Resources Plc is an AIM-listed resource company formed in 2012 to invest in natural resources opportunities both in the UK and globally. The Company currently has 100% working interest in five Deep Underground Coal Gasification ('Deep UCG') Licences in the UK and is aiming to unlock the energy potential in the UK via the Deep UCG process which involves converting stranded coal in-situ into gas.