30 May 2017 07:47
ASX Announcement
30 May 2017
ASX: OEX
AIM: OEX
Oilex Strengthens UK Presence with Appointment of Non-Executive Director
The Board of Oilex Ltd (the Company) is very pleased to announce the appointment of Paul Haywood as an Independent Non-Executive Director effective 29 May 2017.
Paul has a wealth of experience in capital markets, investment advisory, corporate affairs and the operational management of early stage and growth companies including six years in the Middle East. More recently, Paul has held senior management positions with UK and Australian public companies in the natural resource and energy sectors, with International experience in the UK, Middle East and Eurasia.
Paul is currently Executive Director of Block Energy Plc and resource focussed advisory firm, Plutus Strategies Ltd.
Chairman of Oilex, Brad Lingo, said;
"In addition to Paul's strength in business development in the resources and energy sectors, Paul's appointment reinforces the Company's commitment to supporting its strong UK investor base. Paul joins the Company as an additional Independent NED, further strengthening the Board's governance requirements."
Additional Information on Mr Paul Haywood
The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:
Paul Haywood (aged 35)
Current Directorships or Partnerships Held Past Directorships or Partnerships held within 5 Years
Block Energy Plc Georgia Oil & Gas Ltd
Plutus Strategies Ltd Taoudeni Resources Ltd
Eagle Gas Ltd Georgian Energy Plc
Spur Resources Ltd Streamline Resources Ltd
Tamar Oil Ltd
Ekeh Petroleum Ltd
TPH Oil & Gas Ltd
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
For and on behalf of Oilex Ltd
Brad Lingo
Chairman
For further information, please contact:
Investor Enquiries Oilex Ltd Joe Salomon Managing Director Email: oilex@oilex.com.au Tel: +61 8 9485 3200 Australia | AIM Broker Cornhill Capital Limited Broker Colin Rowbury Email: colinr@cornhillcapital.com Tel: +44 20 3700 2516 UK | AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Rory Murphy/Ritchie Balmer Email: oilex@strandhanson.co.uk Tel: +44 20 7409 3494 UK | Media Enquires (UK) Vigo Communications Public Relations Patrick d'Ancona/Chris McMahon Email: patrick.dancona@vigocomms.com chris.mcmahon@vigocomms.com Tel: +44 20 7830 9700 | Media Enquiries (Aus) Citadel-MAGNUS Michael Weir Email: mweir@citadelmagnus.com Tel: +618 6160 4900 Australia |