MX Oil PLC Directorate Change (9785L)
02 January 2019 - 11:45PM
UK Regulatory
TIDMMXO
RNS Number : 9785L
MX Oil PLC
02 January 2019
2 January 2019
MX OIL PLC
("MXO" or the "Company")
Directorate Change
MXO plc, an oil and gas investing company quoted on AIM,
announces that Nigel McKim, Chief Operating Officer, has decided to
step down from the Board in order to take up a new role. This
change will be effective from 13 January 2019. The Board would like
to thank Nigel for his work to date and wishes him well in his
future endeavours. The Company will continue to retain the services
of its Technical Consultant, Wim Burgers, who has worked with the
Company for a number of years. Wim has extensive experience of both
the oil and gas sector and, more specifically, of the Company's
investment in OML 113 in Nigeria.
Stefan Oliver, the Company's CEO commented:
"I have very much enjoyed having Nigel as part of the team and
wish him every success for the future. Going forward, our technical
requirements will be more than ably covered by Wim Burgers. Also,
given our focus on cost reduction, this change will enable us to
trim costs further which is important at this stage of our
development."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
* * ENDS * *
For further information please visit www.mxoil.co.uk or
contact:
MX Oil PLC
Stefan Olivier, CEO +44 20 7710 9618
Cairn Financial Advisers
LLP
(Nominated Adviser)
Jo Turner/James Caithie +44 20 7213 0880
Cornhill Capital
(Broker)
Daniel Gee +44 20 7710 9612
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAUGUCCGUPBGPP
(END) Dow Jones Newswires
January 02, 2019 07:45 ET (12:45 GMT)
Adm Energy (LSE:ADME)
Historical Stock Chart
From Apr 2024 to May 2024
Adm Energy (LSE:ADME)
Historical Stock Chart
From May 2023 to May 2024