25th Jun 2014 06:42
LONDON (Alliance News) - Premier Oil PLC said Wednesday it has appointed Tony Durrant as Chief Executive Officer with immediate effect.
Durrant has been with the company since 2005, serving as Finance Director. Before this he worked at Lehman Brothers, latterly as Managing Director and Head of the European Natural Resources Group.
"The process to appoint Simon Lockett's successor has been rigorous and comprehensive, including both internal and external candidates," noted Mike Welton, Premier Oil Chairman.
Shares in Premier Oil last traded at 335.9 pence per share.
By Alice Attwood; [email protected]; @AliceAtAlliance
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