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Appointment of Independent Non-Executive Director

14 Oct 2021 07:01

RNS Number : 0169P
Hurricane Energy PLC
14 October 2021
 

14 October 2021

Hurricane Energy plc

("Hurricane" or the "Company")

Appointment of Independent Non-Executive Director

Hurricane Energy plc (AIM: HUR), the UK based oil and gas company, is pleased to announce the appointment of Philip Wolfe as an Independent Non-Executive Director, with immediate effect. He will chair the Audit and Risk Committee and serve as Senior Independent Director.

Mr Wolfe has 30 years' experience within the energy and utilities industry as an executive, adviser and corporate financier. Mr Wolfe has served as Chief Financial Officer of various private and listed oil and gas companies, including Phoenix Global Resources plc, an AIM quoted oil and gas exploration and production company focused on Argentina.

Mr Wolfe's career includes 23 years in investment banking, including as Managing Director, Head of Oil and Gas, EMEA at UBS Investment Bank and Global Head of Oil and Gas at HSBC. Mr Wolfe holds a BSc Honours degree in Economics from the University of Bristol.

Antony Maris, CEO of Hurricane, commented:

"Philip's distinguished career in the industry brings highly relevant financial, strategic and management experience significantly enhancing the board's capabilities. These skills will be invaluable as Hurricane progresses into the future and I am delighted to welcome Philip to the Company."

Ends

Contacts:

Hurricane Energy plc

Antony Maris, Chief Executive Officer

communications@hurricaneenergy.com

 

+44 (0)1483 862820

Stifel Nicolaus Europe Limited

Nominated Adviser & Joint Corporate Broker

Callum Stewart / Jason Grossman

+44 (0)20 7710 7600

 

Investec Bank plc

Joint Corporate Broker

Chris Sim / Jarrett Silver

+44 (0)20 7597 5970

 

 

Vigo Consulting

Public Relations

Patrick d'Ancona / Ben Simons

hurricane@vigoconsulting.com

 

+44 (0)20 7390 0230

 

Philip Edward Charles Wolfe, aged 53, has held the following directorships and/or partnerships in the past five years:

 

Current Directorships/Partnerships

Previous Directorships/Partnerships

Full Moon Productions Limited

Soma Oil & Gas Holdings Limited

Courtney Park Engineering Limited

Soma Oil & Gas Exploration Limited

Net Zero Carbon Developments Limited

Soma Management Limited (currently named Old Sycamore Management Limited)

Hemspan Limited

Phoenix Global Resources Plc

 

Madagascar Oil Limited

About Hurricane

Hurricane has a 100% interest in and operates the Lancaster field, the UK's first field to produce from a fractured basement reservoir.

Hurricane also has a 50% interest in the Greater Warwick Area licence, which contains the Lincoln and Warwick assets.

Visit Hurricane's website at www.hurricaneenergy.com

Inside Information

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 on Market Abuse ("UK MAR"), as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, and Regulation (EU) No. 596/2014 on Market Abuse ("EU MAR").

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