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Rose Petroleum Names Reynolds As Non-Exec Director To Replace Scott

23rd Apr 2019 12:29

LONDON (Alliance News) - Rose Petroleum PLC on Tuesday confirmed the appointment of Tom Reynolds as a non-executive director with immediate effect.

The AIM-listed natural resources company said Non-Executive Director Kelly Scott has stepped down from the board, but will continue in his mining consultancy role with the company in a non-board capacity.

Rose Petroleum said Reynolds has been working with the company for the past six months on a consultancy basis and has a detailed knowledge of the company's operations. He is a chartered engineer with over 25 years' experience in the energy sector, Rose Petroleum said, including a range of technical and commercial roles with BP PLC, Total SA and British Nuclear Fuels PLC.

Currently, Reynolds serves as a non-executive director of AIM-listed Solo Oil PLC. He was previously CEO of Iona Energy Inc and, immediately prior to that, he was CEO of Bridge Energy ASA.

"I am pleased to welcome Tom to the board and look forward to continuing to work closely with him, as we focus on the development of Rose's assets and strategy going forward with the strengthened team," said Chief Executive Matthew Idiens.

Rose Petroleum shares were trading 1.5% lower on Tuesday at 1.62 pence each.


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