24 Mar 2014 15:12
For Immediate Release
RNS Number:
Exillon Energy PLC
24 March 2014
Exillon Energy plc ("Exillon" or the "Company")
Confirmation of Appointment of Executive Director
Further to its announcement on 21 March 2014, Exillon (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to confirm the appointment of Pavel Chernienko as an executive director of the Company. The appointment took effect on 21 March 2014.
Pavel Chernienko is currently the CEO of ZAO RusOil a holding company of the RusOil group, a Russian independent exploration and production group, comprising several oil and gas properties in the East and West Siberian and Volga Urals hydrocarbon provinces. Mr Chernienko has broad capital raising and M&A transaction experience in oil and gas and real estate development industries. Prior to joining the RusOil group in 2012, Mr Chernienko headed the corporate finance division of Complex Investments JSC for more than five years and was responsible for fund raising for mid-size and large real estate development projects and M&A transaction execution. Mr Chernienko also has banking and FMCG experience. Mr Chernienko has a degree in Finance from Moscow State University of Economics, Statistics and Informatics. Mr Chernienko is 33 years old.
This announcement includes all information required pursuant to paragraph 9.6.13R of the Listing Rules of the UK Listing Authority in respect of this board appointment.
Exillon also confirms that the resignations announced on 21 March 2014 took effect on that date.
For further information:
EM +7 919 102 9064
Tom Blackwell blackwell@em-comms.com