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Appointment of Non-Executive Director

3 Feb 2014 07:00

RNS Number : 0685Z
Global Energy Development PLC
03 February 2014
 

Immediate Release 3 February 2014

 

GLOBAL ENERGY DEVELOPMENT PLC

(the "Company" or "Global")

 

BOARD APPOINTMENT - NON-EXECUTIVE DIRECTOR

 

Global Energy Development PLC, the Latin America focused petroleum exploration, development and production company (AIM: GED) with operations in Colombia, is pleased to announce the appointment of Mr. Donald Zac ("Zac") Phillips to the Company's Board as Non-Executive Director with immediate effect.

 

Mr. Phillips, aged 41 and a UK national, has over 16 years of experience in the finance and energy industry. Mr. Phillips holds a chemical engineering degree and a doctorate of chemical engineering from BP and the University of Bath. He is a member of the Society of Petroleum Engineers ("SPE") and Institute of Chemical Engineers ("IChemE").

 

From 2006 to 2010, Mr. Phillips served as Chief Financial Officer and founding director of Dubai World's Oil & Gas Business, DB Petroleum (formerly BSG Energy). He currently acts as an independent energy consultant to companies during periods of development and expansion, assisting with areas such as investment banking, asset valuation, mergers, acquisitions and capital market activity through Phillips Energy Consultants, a financial management firm he founded. He also currently holds the role of non-executive director for Kairos Petroleum, an international company involved in the development of oil fields in Nigeria.

 

Mr. Phillips is currently, or within the last 5 years has been, director or partner of the following companies:

 

Current directorships/partnerships

Previous directorships and partnerships

Kairos Petroleum Resources Limited

DB Petroleum

Philips Energy Consultants Limited

DB Petroleum Corporate Services

DB Petroleum Treasury Services

DBP Azeri Holdings

DBP Kura Valley South

DBP Services (UK) Limited

DBP World

Eagle 1

 

Mr. Phillips currently holds 4,872 shares in the capital of the Company. There is no further information to be disclosed pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.

For further information please contact

Global Energy Development PLC

Anna Williams, Finance Director

+001 817 310 0240

awilliams@globalenergyplc.com

www.globalenergyplc.com

 

Northland Capital Partners Limited

Louis Castro

+44 (0)20 7796 8800

Lauren Kettle

This information is provided by RNS
The company news service from the London Stock Exchange
 
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