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1 Aug 2011 09:51
1st August 2011
Oracle Coalfields PLC
(`Oracle' or the `Company')
Appointment of Chairman
REPLACEMENT OF RNS 4431L
Oracle Coalfields PLC (AIM:ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-eastern desert of the Sindh Province, Pakistan, today announces the appointment, effective immediately, of Adrian Loader as Chairman of the Board of Directors.
Mr William Adrian Loader comes to Oracle with extensive international experience from Royal Dutch Shell in energy management, projects, strategy, business development and new market entry. He has held regional responsibility for Shell's operations in Pakistan and, as President of Shell Canada, he has been responsible for Shell's oil sands open pit mining activities and their expansion.
Mr Loader has previously been appointed to the following public company boards - Alliance-Unichem, Shell Canada Ltd, Alliance-Boots and Candax Energy Inc where he served as Chairman. He is currently a Director of Holcim Ltd, a member of the Garda World International Advisory Board and a member of the Advisory Board of Lane, Clark and Peacock.
Adrian Loader's directorship history over the past five years is shown below:
Current Directorships | Past Directorships |
Adrian Loader Limited | Alliance Boots Plc |
Holcim Limited | Candax Energy Inc. |
Shell Canada Limited | |
Shell International Limited |
Mr Loader is a Fellow of the Chartered Institute of Personnel and Development and holds a Masters degree in History from Cambridge University.
Commenting on Mr Loader's appointment, Shahrukh Khan, CEO, Oracle Coalfields, said:
"I am delighted to welcome Adrian to the team at Oracle Coalfields. His expertise in corporate management and governance and energy development as well as his long standing history of board experience will prove invaluable. Adrian's appointment as Chairman is an important corporate development at Oracle and he brings us a step closer to mine development and first production of coal."
No further disclosures are required to be made in relation to Mr Adrian Loader under Schedule 2 (g) (iii) - (viii) of the AIM rules.
ENQUIRIES:
Oracle Coalfields PLC
Shahrukh Khan, CEO
Telephone: +44 (0) 1366500722
Email: s.khan@oraclecoalfields.com
Blythe Weigh Communications
Tim Blythe, Ana Ribeiro, Matthew Neal
Telephone: +44 (0) 207 138 3204
Libertas Capital Corporate Finance Limited
Sandy Jamieson, Neil Pidgeon
Telephone: +44 (0) 207 569 9650
WEBSITE: www.oraclecoalfields.com
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