28th Nov 2008 07:00
For immediate release 28 November 2008
MELROSE RESOURCES PLC
("Melrose" or "the Company")
Appointment of Independent Non-Executive Director
Melrose Resources plc (LSE: MRS), the oil and gas exploration, development and production company, is pleased to announce the appointment of Dr Alan John Parsley, 65, as an independent non-executive director with immediate effect.
Dr Parsley initially joined Shell as an exploration geologist in 1969 before moving to Britoil in 1977, where he held various technical management roles including Exploration Manager. Following Britoil's acquisition by BP in 1988, Dr Parsley rejoined Shell in The Hague as the Head of Exploration New Ventures. He then moved to Syria in 1992 to take on the role of Chief Executive, Shell Syria, before returning to The Hague in 1995 as Head of Exploration and subsequently Head of New Business Ventures. In 1999, Dr Parsley moved to Australia where he was appointed as Chairman of Shell Australia, before returning to Europe and retiring in 2004.
Dr Parsley is a graduate of the University of Edinburgh, and holds both a BSc and a PhD in Geology. He has been a member of the Court of Heriot Watt University since 2005.
Robert Adair, Executive Chairman, commented:
"Alan's appointment to the Melrose Board in the capacity of an independent non-executive director will bring almost 40 years of invaluable experience in exploration, business development and senior managerial roles to the Company. We look forward to welcoming him to the Board and to working with him during what will prove to be a very exciting phase of development for the Melrose group."
No further details required under Listing Rule 9.6.13 of the UK Listing Authority remain to be disclosed.
For further information please visit www.melroseresources.com or contact:
|
Melrose Resources plc David Thomas, Chief Executive Robert Adair, Executive Chairman Munro Sutherland, Finance Director |
0131 221 3360 |
|
Buchanan Communications Ben Willey Ben Romney |
0207 466 5000 |
Notes
Melrose Resources plc is an oil and gas exploration, development and production company with interests in Egypt, Bulgaria, the United States, France and Turkey. The Company has oil and gas production in Egypt, Bulgaria and the United States and it has a portfolio of exploration, appraisal and development drilling opportunities with a range of risk and reward profiles. Melrose is headquartered in Edinburgh and is a member of the FTSE250.
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