Regal Petroleum PLC Management Changes (1936M)
27 July 2017 - 12:30AM
UK Regulatory
TIDMRPT
RNS Number : 1936M
Regal Petroleum PLC
26 July 2017
26 July 2017
Regal Petroleum plc
("Regal" or the "Company")
Management Changes
Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas
exploration and production group, is pleased to announce changes to
the executive management of the Company, effective from 1 August
2017.
Mr Sergii Glazunov will become Chief Executive Officer of the
Company. Mr Glazunov was appointed as a non-executive Director of
the Company in February 2012 and became Finance Director of the
Company in November 2014.
Mr Yevhen (Gene) Palyenka will join the executive management
team of the Company as Chief Financial Officer. Mr Palyenka joined
Regal and LLC Smart Energy as an adviser in August 2016. He has
extensive experience in the Ukrainian oil and gas industry, having
worked in senior finance roles with JKX Oil & Gas plc for
nearly 20 years. Mr Palyenka is a Fellow of the Association of
Chartered Certified Accountants and holds finance and economic
qualifications from Kharkiv State University and Oklahoma State
University.
Keith Henry, Chairman, commented "The re-organisation we are
announcing today reflects that the management of the Company and
its operations are increasingly being run from Ukraine. I am
delighted that Sergii will be taking over my role as the senior
executive, and I welcome Gene to our executive management team as
CFO".
For further information, please contact:
Regal Petroleum plc Tel: 020 3427
3550
Keith Henry, Chairman
Sergii Glazunov, Finance Director
Strand Hanson Limited Tel: 020 7409
3494
Rory Murphy / Richard Tulloch
Citigate Dewe Rogerson Tel: 020 7638
9571
Louise Mason / Shabnam Bashir
This information is provided by RNS
The company news service from the London Stock Exchange
END
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