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Aimed at “building value for shareholders”
Cluff Natural Resources (LSE:CLNR), a company founded by natural resources entrepeneur Algy Cluff, has made two new Board appointments. Graham Swindells has been appointed as the Company’s Finance Director and Christopher Matchette-Downes has been appointed as a Non-Executive Director with immediate effect.
Graham Swindells joined the CNR management team in May 2013 as Chief Financial Officer.
Christopher Matchette-Downes is foremost a geologist and petroleum geochemist with particular expertise and interests in Africa having identified key petroleum plays in both the East and West of the continent as well as significant experience in the greater Caribbean region. Mr Matchette-Downes has worked in the oil and gas sector for over 30 years and has worked for both BP and BG. His extensive E&P business development experience has seen him focus on specific plays in the UK, Europe, Africa, Middle and Far East, Australia and America.
Mr Matchette-Downes is currently the CEO of CaribX (UK) Limited and Director of Adamantine Energy (Kenya) Limited where he has built the teams, raised funds and secured acreage agreements throughout Central America, the Caribbean and East Africa. He also founded Black Marlin Energy Holdings Limited which was acquired by Afren Plc in 2010.
Mr Algy Cluff, Chairman and Chief Executive of Cluff Natural Resources commented, “I am delighted to welcome both Graham and Christopher to the CNR Board of Directors. Christopher is a highly respected petroleum geologist with a track record of finding and securing commercial deals, and with his worldwide experience and contacts we anticipate his appointment will be instrumental towards our growth. We add these two highly experienced members to our Board at an exciting time for the Company as we aim to address our country’s energy needs whilst building value for shareholders.”
