RPT.L Regulatory News (RPT)

16 Apr 2008 07:01

Regal Petroleum PLC16 April 2008 16 April 2008 REGAL PETROLEUM PLC ("Regal" or "the Company") Appointment of Non-Executive Chairman Regal Petroleum (AIM: RPT), the independent oil & gas exploration and productioncompany with interests in the Ukraine, Romania and Egypt, is pleased to announcethe appointment of Mr Keith Henry as Non-Executive Chairman of the Company withimmediate effect. Mr Henry, aged 63, has over 34 years experience in the development, financing,design, construction and management of projects in the oil and gas, process,pipeline, energy and construction industries, during which time he was ChiefExecutive of National Power Plc, Kvaerner Engineering and Construction Limitedand Brown & Root Limited. He previously served as Deputy Chairman of PetroleumGeo-Services ASA from 2003 and then as Chairman of Petrojarl ASA in 2006. Healso served as a non-executive director of South East Water Ltd from 2005 to2007, of Enterprise Oil plc from 1995 to 2002 and of First Calgary PetroleumsLtd from 2007 to March 2008 and has been nominated to rejoin the board of FirstCalgary Petroleums Ltd as a non-executive director with effect from 18 April2008. In recent years, Mr Henry has held a number of senior non-executive roles,including Chairman of Burren Energy plc for three years until the sale of thecompany to Eni SpA in January 2008. He is currently the senior independentnon-executive director of Emerald Energy plc and a non-executive director offour privately owned companies. Mr Henry is a Fellow of the Royal Academy ofEngineering and a chartered civil engineer with degrees from London Universityand the University of Birmingham. The Board of Regal now comprises the following directors:- Keith Henry (Non-Executive Chairman)David J Greer (Chief Executive Officer)Harry Verkuil (Chief Operating Officer)Robert Wilde (Finance Director)Lord St. John of Bletso (Non-Executive Director)Antonio Mozetic (Non-Executive Director) Mr David J Greer, Chief Executive Officer of Regal, said: "The appointment of Mr Keith Henry as Non-Executive Chairman of Regal Petroleumplc further strengthens the Board and, in particular, improves the overallcorporate governance of the Company." "Keith is a highly experienced CEO and senior non-executive of substantialinternational companies, with many years of main board experience, includingmost recently, his Chairmanship of Burren Energy. He is well known andrespected throughout the E&P industry and the City and we look forward toworking with him to deliver and improve both governance and increased value forRegal's shareholders." Mr Henry has an interest in 14,000 ordinary shares in the Company. There is no information in relation to the appointment of Mr Keith NicholasHenry which is required to be disclosed pursuant to Rule 17 of the AIM Rules forCompanies other than as follows:- Current Directorships Aegis Defence Services LimitedEmerald Energy plcHPR Holdings LimitedNumber 151 Proprietors LimitedReynolds Partners LimitedSimon Carves Limited Past Directorships Aker Process LimitedBurren Energy plcDavy Metals LimitedFirst Calgary Petroleums LimitedKvaerner E&C Holdings LimitedKvaerner Engineering & Construction UK LimitedKvaerner Hammersmith (No.1) LimitedKvaerner Metals Holdings LimitedKvaerner Metals International LimitedKvaerner Metals LimitedKvaerner Metals Overseas Holdings LimitedKvaerner Process Overseas Holdings LimitedKvaerner TH Engineering LimitedPetrojarl ASAPetroleum Geo-Services ASAPunj Lloyd LimitedSouth East Water Limited For further information, please contact: Regal Tel: 020 7408 9500 David Greer, Chairman and CEO Strand Partners Tel: 020 7409 3494Simon Raggett / Rory Murphy Mirabaud Securities Tel: 020 7878 3362Peter Krens / Pav Sanghera Citigate Dewe Rogerson Tel: 020 7638 9571Media enquiries: Martin Jackson Analyst enquiries: Scott Fulton This information is provided by RNS The company news service from the London Stock Exchange