15th Jul 2011 07:00
For immediate release 15 July 2011
Desire Petroleum plc
(the "Company")
Appointment of Non-Executive Director
Desire Petroleum plc (AIM:DES), the company wholly focused on the North Falkland Basin, announces that Graeme Thomson, FCA, will join the Board as an Independent Non-Executive Director and Chairman of the Audit Committee with effect from today.
Graeme has over 30 years public company experience and has held a number of senior positions in the oil and gas industry. He was Finance Director & Company Secretary for seven years at Dragon Oil plc and its predecessor companies. He was also a co-founder of Sterling Energy plc and spent nine years as its Finance Director, Company Secretary and was its Chief Executive Officer for his last two years with the Company until he left in December 2009. Since then, Graeme has been advising a number of oil and gas companies on their corporate finance, accounting, commercial and strategic affairs.
Commenting on the appointment, Chairman of Desire Petroleum, Stephen Phipps, said, 'I am delighted to welcome Graeme to our Board and we look forward to working alongside him. He has significant experience of both the oil and gas industry and the capital markets and will further strengthen our Board which now contains an impressive combination of different industry disciplines.'
In accordance with the AIM Rules, the following information required to be disclosed is set out below. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.
Full Name and Age: Graeme Paul Thomson (54).
Mr. Thomson does not have a beneficial interest in the Ordinary Shares of the Company.
Current Directorships:
Frontier Resources International plc
Former directorships and partnerships in the past 5 years:
Forum Energy Plc Sterling Energy Plc Fusion Mauritania A Limited LEPCO Oil & Gas Canada Limited1 LEPCO Oil & Gas, Inc1 LEPCO Oil & Gas Netherlands B.V. Sterling Cameroon Holdings Limited Sterling Cameroon Limited Sterling Cheval Marin Holdings Limited1 Sterling Cheval Marin Limited1 Sterling Croix du Sud Holdings Limited1 Sterling Croix du Sud Limited1 Sterling Dome Flore Holdings Limited Sterling Dome Flore Limited
| Sterling Energy, Inc Sterling Energy (International) Limited Sterling Energy (Mauritania) Limited1 Sterling Energy (North America) Limited1 Sterling Energy (UK) Limited Sterling Northwest Africa Holdings Limited Sterling Oil & Gas (Iris Marin) Ltd Sterling Oil & Gas Pty Ltd1 Sterling Oil & Gas (Themis Marin) Ltd Sterling Oil Limited1 Westmount Resources Inc West Oil Ghana Limited1 Whitter Energy Corp Marble City Limited
|
1 subject to a member's voluntary liquidation
For further information please contact:
Desire Petroleum plc | 020 7436 0423 |
Stephen Phipps, Chairman | |
Dr Ian Duncan, Chief Executive Officer | |
Seymour Pierce Limited | 020 7107 8000 |
Jonathan Wright/Stewart Dickson, Corporate Finance Richard Redmayne / Paul Jewell, Corporate Broking | |
Buchanan | 020 7466 5000 |
Ben Romney Tim Thompson
|
Related Shares:
DES.L