14 Feb 2018 07:45
14th February 2018
Independent Oil and Gas plc
Directorate Change
Independent Oil and Gas plc ("IOG" or the "Company") (AIM: IOG.L), the development and production focused Oil and Gas Company, announces the following Board changes effective 14th February 2018.
Andrew Hay is stepping down from the Board of Directors with immediate effect. The Company is well advanced in seeking a new independent Non-Executive Director to join the Board.
Mark Routh, Interim Chairman and CEO of IOG, commented:
"On behalf of IOG I thank Andrew for his service since joining us in July 2016 and I wish him well in his future endeavours. We look forward to announcing very shortly the appointment of a new independent Non-Executive Director."
-ENDS-
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Enquiries:
Independent Oil and Gas plc Mark Routh (CEO) | +44 (0) 20 3879 0510 |
finnCap Ltd Christopher Raggett / Anthony Adams(Corporate Finance) | +44 (0) 20 7220 0500 |
Camarco Billy Clegg / Georgia Edmonds | +44 (0) 20 3757 4980 |
Notes
About Independent Oil and Gas:
IOG is an oil and gas company with established assets in the UK North Sea. The company's strategy is to deliver near term development and production assets in North West Europe, through its extensive technical and commercial expertise, whilst maintaining some exposure to exploration upside. The company is looking to grow both organically and through acquisition.
All of IOG's licences are owned 100% and operated by IOG.
Further information can be found on www.independentoilandgas.com