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Directorate Change

24 Jul 2017 07:00

RNS Number : 8196L
Eland Oil & Gas PLC
24 July 2017
 

24 July 2016

 

Eland Oil & Gas PLC

("Eland" or the "Company")

 

Directorate Change

 

 

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is today pleased to announce the appointment of Ronald "Ron" Bain as Chief Financial Officer, a Board position, taking effect on 1 August 2017.

 

Ron recently led the Financial Integration Planning for the Baker Hughes / GE Oil & Gas merger. Prior to this Mr Bain was the Regional Accounting Director of Europe, Africa and Russia/Caspian for Baker Hughes, responsible for all financial reporting, financial management and compliance activities in over 40 countries. He has a depth of experience with roles of increasing scope and responsibility including Controllership, Company Secretarial, Treasury and FP&A with companies such as Baker Hughes, BJ Services, Donside Paper Company and Vetco Gray. He is a qualified Chartered Accountant FCCA.

 

Olivier Serra, the current CFO of Eland has agreed to step down as a Director and has resigned from the Eland board with immediate effect. He will remain as CFO until the end of the month, following which he will be staying on as a consultant to concentrate on strategic debt structure and options for the Company.

 

A further announcement will be made by the Company upon Mr Bain's appointment to the CFO role and Eland board on 1 August 2017.

 

George Maxwell, CEO of Eland, commented:

"I am delighted to welcome Ron to the Company. Ron has excellent technical and management experience which will be invaluable given the ambitions of Eland."

"I would also like to thank Olivier Serra his contribution to the Company as CFO and we look forward to him positively driving forward our strategic debt planning for the development of our Nigerian assets."

 

 

For further information:

 

Eland Oil & Gas PLC (+44 (0)1224 737300)

www.elandoilandgas.com

George Maxwell, CEO

Finlay Thomson, IR

 

Canaccord Genuity Limited (+44 (0)20 7523 8000)

Henry Fitzgerald O'Connor / James Asensio

 

Panmure Gordon (UK) Limited (+44 (0)20 7886 2500)

Adam James / Atholl Tweedie

Tom Salvesen

 

Camarco (+44 (0) 203 757 4980)

Billy Clegg / Georgia Mann

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOAGMGZNGFZGNZM
Date   Source Headline
26th Nov 20199:19 amRNSForm 8.5 (EPT/RI)
26th Nov 20199:17 amGNWForm 8.5 (EPT/RI) - Eland Oil & Gas plc
25th Nov 20192:17 pmBUSForm 8.3 - Eland Oil & Gas plc
25th Nov 20191:30 pmBUSForm 8.3 - ELAND OIL & GAS PLC
25th Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas PLC
25th Nov 201910:25 amRNSForm 8.3 - Eland Oil & Gas plc
25th Nov 201910:03 amGNWForm 8.5 (EPT/RI) - Eland Oil & Gas Plc
25th Nov 20198:58 amRNSForm 8.5 (EPT/RI)
22nd Nov 20193:08 pmRNSForm 8.3 - Eland Oil & Gas PLC
22nd Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas PLC
22nd Nov 201910:31 amGNWForm 8.5 (EPT/RI) - Eland Oil & Gas Plc
22nd Nov 201910:19 amRNSForm 8.3 - Eland Oil & Gas plc
22nd Nov 20199:51 amRNSForm 8.5 (EPT/RI)
21st Nov 20193:25 pmBUSForm 8.3 - Eland Oil & Gas plc
21st Nov 20193:15 pmPRNForm 8.3 - Eland Oil & Gas plc
21st Nov 20193:00 pmRNSForm 8.3 - Eland Oil & Gas PLC
21st Nov 20191:39 pmRNSForm 8.3 - Eland Oil & Gas PLC
21st Nov 201912:05 pmRNSForm 8.3 - Eland Oil & Gas plc
21st Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas PLC
21st Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas Plc
21st Nov 201911:42 amRNSForm 8.3 - ELAND OIL & GAS PLC
21st Nov 201911:23 amGNWForm 8.5 (EPT/RI) - ELAND OIL & GAS PLC
21st Nov 201910:55 amGNWForm 8.3 - Eland Oil & Gas plc
21st Nov 20199:28 amRNSForm 8.5 (EPT/RI)
20th Nov 20194:27 pmRNSRESULTS OF THE COURT MEETING AND GENERAL MEETING
20th Nov 20193:15 pmPRNForm 8.3 - Eland Oil & Gas plc
20th Nov 20193:00 pmRNSForm 8.3 - Eland Oil & Gas PLC
20th Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas PLC
20th Nov 201911:47 amGNWForm 8.3 - Eland Oil & Gas plc
20th Nov 201911:26 amRNSForm 8.3 - Eland Oil & Gas plc
20th Nov 201911:23 amRNSForm 8.3 - ELAND OIL & GAS PLC
20th Nov 20199:51 amRNSForm 8.5 (EPT/RI)
20th Nov 20198:58 amGNWForm 8.5 (EPT/RI) - Eland Oil & Gas plc
19th Nov 20193:04 pmRNSForm 8.3 - Eland Oil & Gas plc
19th Nov 20193:04 pmRNSForm 8.3 - Eland Oil & Gas PLC
19th Nov 201912:17 pmRNSForm 8.3 - Eland Oil & Gas plc
19th Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas Plc
19th Nov 201911:12 amGNWForm 8.3 - Eland Oil & Gas plc
19th Nov 201911:08 amGNWForm 8.5 (EPT/RI) - Eland Oil & Gas Plc
19th Nov 201910:41 amRNSForm 8.3 - ELAND OIL & GAS PLC
19th Nov 20199:29 amRNSForm 8.5 (EPT/RI)
18th Nov 20193:11 pmRNSForm 8.3 - Eland Oil & Gas PLC
18th Nov 20193:08 pmRNSForm 8.3 - Eland Oil & Gas PLC
18th Nov 20191:30 pmBUSForm 8.3 - ELAND OIL & GAS PLC
18th Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas PLC
18th Nov 201912:00 pmRNSForm 8.5 (EPT/RI) - Eland Oil & Gas Plc
18th Nov 201910:45 amRNSForm 8.3 - Eland Oil & Gas plc
18th Nov 201910:06 amRNSForm 8.3 - ELAND OIL & GAS PLC
18th Nov 201910:01 amGNWForm 8.5 (EPT/RI) - Eland Oil & Gas plc
15th Nov 20193:15 pmPRNForm 8.3: Eland Oil & Gas Plc

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