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18 Nov 2008 07:00
Island Oil & Gas plc
("Island" or the "Company")
Board change
Island Oil & Gas plc, announces today that Karl Prenderville has decided to step down as Commercial Director and a Director of the Company with immediate effect. Karl has worked for the Company since July 2006 and joined the Board on 23 August 2007. He is standing down to dedicate time to other ventures.
With effect from today, the Company's commercial business will be assumed by Carl Kindinger, who joined the executive Board as Chief Financial Officer in October. Karl Prenderville will continue to work for the Company until the end of 2008 ensuring an effective handover of responsibilities
Paul Griffiths, Chief Executive of Island, commented:
"I would like to thank Karl, whose knowledge, contact base and experience gained over 20 years in the industry, has made a significant contribution to the Company. We wish him every success in the future and we look forward to potential areas of cooperation as Karl develops his other ventures"
18 November 2008
Enquiries:
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Island Oil & Gas plc |
Tel: +353 1 6313755 |
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Paul Griffiths |
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Carl Kindinger |
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www.islandoilandgas.com |
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Davy (NOMAD and broker) |
Tel: +353 1 679 6363 |
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Anthony Farrell |
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Landsbanki (UK broker) |
Tel: +44 (0)20 7426 9000 |
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Simon Robinson |
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College Hill (Financial PR) |
Tel: +44 (0)20 7457 2020 |
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Paddy Blewer |
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Nick Elwes |
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