3rd Feb 2014 07:00
Immediate Release 3 February 2014
GLOBAL ENERGY DEVELOPMENT PLC
(the "Company" or "Global")
BOARD APPOINTMENT - NON-EXECUTIVE DIRECTOR
Global Energy Development PLC, the Latin America focused petroleum exploration, development and production company (AIM: GED) with operations in Colombia, is pleased to announce the appointment of Mr. Donald Zac ("Zac") Phillips to the Company's Board as Non-Executive Director with immediate effect.
Mr. Phillips, aged 41 and a UK national, has over 16 years of experience in the finance and energy industry. Mr. Phillips holds a chemical engineering degree and a doctorate of chemical engineering from BP and the University of Bath. He is a member of the Society of Petroleum Engineers ("SPE") and Institute of Chemical Engineers ("IChemE").
From 2006 to 2010, Mr. Phillips served as Chief Financial Officer and founding director of Dubai World's Oil & Gas Business, DB Petroleum (formerly BSG Energy). He currently acts as an independent energy consultant to companies during periods of development and expansion, assisting with areas such as investment banking, asset valuation, mergers, acquisitions and capital market activity through Phillips Energy Consultants, a financial management firm he founded. He also currently holds the role of non-executive director for Kairos Petroleum, an international company involved in the development of oil fields in Nigeria.
Mr. Phillips is currently, or within the last 5 years has been, director or partner of the following companies:
Current directorships/partnerships | Previous directorships and partnerships |
Kairos Petroleum Resources Limited | DB Petroleum |
Philips Energy Consultants Limited | DB Petroleum Corporate Services |
DB Petroleum Treasury Services | |
DBP Azeri Holdings | |
DBP Kura Valley South | |
DBP Services (UK) Limited | |
DBP World | |
Eagle 1 |
Mr. Phillips currently holds 4,872 shares in the capital of the Company. There is no further information to be disclosed pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.
For further information please contact
Global Energy Development PLC
|
Northland Capital Partners Limited | |
Louis Castro | +44 (0)20 7796 8800 |
Lauren Kettle
Related Shares:
NAUT.L