5 Sep 2017 07:00
5 September 2017
Eland Oil & Gas PLC
("Eland" or the "Company")
Appointment of Non-Executive Director
Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to confirm the appointment of Brian John O'Cathain (Aged 57) as Non-Executive Director to the Board of Directors of the Company effective 1 October 2017.
Mr. O'Cathain is a geologist and petroleum engineer with over 30 years' experience in senior technical and commercial roles in upstream oil and gas E&P companies, including Shell International, Enterprise Oil and Tullow Oil plc. He has experience in working in West Africa, North Africa, onshore Europe, the North Sea, the Gulf of Mexico, South Asia and offshore Ireland. He was the Managing Director of Tullow Oil's International Business during the Energy Africa acquisition, and served as Chief Executive of Afren plc from 2005 to 2007. He was also the Chief Executive of Petroceltic International plc from 2007 to 2016. During this period Petroceltic discovered the Ain Tsila gas condensate field in Algeria, and concluded a nil-premium merger with Melrose Energy. Mr O'Cathain holds a first-class honours degree in Geology from the University of Bristol.
Russell Harvey, Chairman of the Company, stated:
"I am delighted to welcome Brian to the Eland board. He brings a wealth of industry experience which will be both invaluable and additive as the company grows."
Set out below are details of Mr O'Cathain's current directorships and those that he has held within the last five years:
Current Directorships |
Black Mountain Consulting Limited |
Abbeyville Property Limited |
Annapurna Oil Limited |
BOC Upstream Consultants Limited |
Past Directorships (last 5 years) |
Melrose Mediterranean Limited Petroceltic plc |
Petroceltic South Disouq Limited |
Petroceltic South Idku Limited |
Petroceltic Turkey Limited |
Petroceltic Company of Egypt |
Petroceltic El Mansoura Company |
Petroceltic Qantara Company |
Petroceltic S E El Mansoura Company |
Petroceltic Energy Limited |
Petroceltic Bulgaria Inc |
Petroceltic Greece Limited |
Petroceltic Resources plc |
Petroceltic Italia S.r.l |
Petroceltic North Thekah Limited |
Petroceltic Ain Tsila Limited |
Petroceltic Isarene-2 Limited |
Petroceltic Kurdistan Limited |
Petroceltic Illizi Limited |
Petroceltic African Holdings Limited Petroceltic Holdings Limited |
Petroceltic Ksar Hadada Limited |
Petroceltic Isarene Limited |
Petroceltic Investments Limited |
Petroceltic Reserve Limited |
Petroceltic Erris Limited |
Petroceltic International Plc |
Petroceltic Sahara Limited |
R-Space Gallery Cic
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Petroceltic was placed into Examinership during 2016 by Worldview, its largest shareholder. Examinership is a process in Irish law whereby the protection of the High Court is obtained to allow a company to restructure. Petroceltic was restructured and delisted from AIM in June 2016.
Save as disclosed above, there are no further disclosures required to be made in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.
For further information:
Eland Oil & Gas PLC (+44 (0)1224 737300)
www.elandoilandgas.com
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