11th Aug 2014 12:07
LONDON (Alliance News) - SacOil Holdings Ltd Monday said that it has appointed Bradley Cerff as an executive director with immediate effect.
Cerff joined SacOil in 2011 as Vice President of Operations, following 18 years of exploration and production experience working primarily with PetroSA in Africa. During the last three years, he has been responsible for the management and execution of work programmes relating to SacOil's upstream assets and for the optimisation of the company's overall portfolio and subsidiaries.
He is also responsible for the company's reserves and resource management and will continue to manage SacOil's upstream asset portfolio.
Bradley has been closely involved with the operations of the company and in dealing with our key partner relationships. He has 18 years' experience in the industry and we look forward to his contribution to the board in his new role," Chairman Tito Mboweni said in a statement.
Shares in SacOil were 2.61% lower at 2.80 pence per share Monday afternoon.
By Samuel Agini; [email protected]; @samuelagini
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