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Board Appointment

10th Oct 2012 07:00

RNS Number : 3483O
Kea Petroleum PLC
10 October 2012
 



 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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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