2nd Sep 2019 15:54
(Alliance News) - Phoenix Global Resources PLC on Monday said it has appointed geophysicist Martin Bachmann, ten-year member of the board of Wintershall Dea GmbH, as a non-executive director.
Bachmann's appointment was effective from Sunday. His previous role at Wintershall included management of its 70,000 barrels of oil per day production firm in Argentina. Prior to that, he had a 25-year career with Royal Dutch Shell PLC.
Phoenix Global Chair Michael Rake said: "We are delighted to welcome Martin to the board. He joins the board at an exciting time in the company's development and his experience in unconventional activities will be invaluable as the company continues to develop its Vaca Muerta acreage."
Shares in the upstream oil and gas firm were untraded at 12.225 pence in London on Monday afternoon.
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