10th Oct 2012 07:00
For Immediate Release | 10 October 2012 |
Kea Petroleum plc
("Kea" or the "Group")
Board Appointment
Board Appointment
Kea Petroleum PLC, (AIM: KEA), is pleased to announce the appointment of Richard Anthony Edward Parkes to the Board of Kea Petroleum plc as Managing Director, with immediate effect. Based in New Zealand, Richard will be responsible for the day to day running of Kea. Richard has extensive exploration and operational experience having spent over 25 years in the upstream Petroleum industry. He has held numerous technical and senior management positions in companies such as PetroFrontier, Santos and GeoServices.
Kea Chairman Ian Gowrie-Smith says: "We welcome Richard to the Board and believe his diverse experience in frontier exploration and development of conventional and unconventional resources will be a valuable asset to Kea as we look to develop and commercialise our resources. Kea is entering a very active period with companies expressing a wish to farm into some of our leases and many simultaneous negotiations with the New Zealand Government, land owners and Equipment suppliers. Richard's input will be vital to our success."
Additional Information
Richard, age 51 years, holds no shares or options in Kea Petroleum plc and, other than the directorships/partnerships set out below, there is no further information to be disclosed under schedule 2(g) of the AIM Rules.
Current directorships/partnerships | |
Kea Petroleum Holdings Limited | July 2012 - Current |
Kea Oil & Gas Limited | July 2012 - Current |
Kea Exploration Limited | July 2012 - Current |
Kea Oil & Gas (Kahili) Limited | July 2012 - Current |
Directorships/partnerships in the past five years | |
Rodinia Oil (Australia) Pty Ltd | July 2010-Nov 2011 |
PetroFrontier (Australia) Pty Ltd | July 2010-Jan 2012 |
For further information please contact:
Kea Petroleum plc David Lees, Executive Director
| Tel: +44 (0)20 7340 9970 |
RBC Capital Markets (NOMAD) Matthew Coakes Daniel Conti
| Tel: +44 (0)20 7653 4000
|
WH Ireland Limited James Joyce Jasper Berry
| Tel: +44 (0)20 7220 1666 |
Buchanan Tim Anderson Sophie Cowles | Tel: +44 (0)20 7466 5000 |
Notes to Editors:
Kea Petroleum is an AIM listed oil and gas exploration company with interests in four petroleum exploration permits in New Zealand's Taranaki Basin. Kea listed on the London market in February 2010.
Related Shares:
KEA.L