15th Aug 2008 11:22
Petroceltic International plc
Appointment of Finance Director
Petroceltic International plc ("Petroceltic" or "the Company"), the AIM and IEX listed upstream oil and gas exploration and production company primarily focused on North Africa and the Mediterranean, is pleased to announce the appointment of Alan McGettigan to the board as Finance Director, with immediate effect.
Mr McGettigan (age 47) has over twenty years of experience in oil and gas exploration and production. Prior to joining Petroceltic, Alan worked for BG International where he held senior roles in Commercial and Group Business Development. His other experience includes roles at Shell International and BP as well as four years as a management consultant at McKinsey & Company. Alan holds B.Sc. and M.Sc. degrees in Engineering and a Master in Business Administration with distinction from the Harvard Business School.
Commenting on the appointment, Brian O'Cathain, Executive Chairman, said:
"We are delighted to welcome Alan to the Board. His broad international oil and gas experience in financial and commercial roles will bring significant new capabilities to the board and executive management team at Petroceltic, as we move into an exciting phase of development following our recent strategic alliance with Iberdrola. We are pleased to have attracted an executive of Alan's calibre to our growing organisation, and it is a demonstration of the Company's potential to achieve significant near and medium term growth."
Mr McGettigan is currently a director of Solidoc Holddings Limited and was a director of Be Brief Limited when it was subject to company voluntary liquidation in 1989. Mr McGettigan owns 344,456 ordinary shares of Petroceltic. There are no further details that are required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM and IEX Rules.
Ends
Press queries to:
John Craven /Brian O'Cathain
Petroceltic International plc
Tel: +353 1 421 8300
James Henderson / Alisdair Haythornthwaite
Pelham PR
Tel: +44 20 7743 6676
Joe Murray
Murray Consultants
Tel: +353 1 498 0320
Notes to Editors:
Petroceltic International plc is a leading Upstream Oil and Gas Exploration and Production Company, focused on the Mediterranean and North African area, and listed on the London Stock Exchange's AIM Market and the Irish Stock Exchange's IEX Market. The company has exploration assets in Algeria, Tunisia and Italy and a royalty interest in the Kinsale Head gas field in Ireland.
Related Shares:
PCI.L