28th Apr 2008 07:00
Tullow Oil PLC28 April 2008 News release Tullow Oil plc - Board Change 28 April 2008 - The Board of Tullow Oil plc (Tullow) announces with regret thatTom Hickey has today given notice of his resignation from the Board and from theposition of Chief Financial Officer of Tullow. Tom's decision to leave Tullowreflects the considerable personal demands of his role in a London-basedmulti-national company and his desire to live full time in Ireland. Tom believesthat it would not be possible for him to continue to fulfill the demands of hisrole from Dublin as Tullow continues its rapid growth. The Board will immediately begin the process of recruiting his successor and Tomwill remain in his role until a suitable candidate has been identified to ensurean orderly transition. It is currently envisaged that he will leave sometimeafter the Interim Results in August and before the end of the year. Commenting today, Aidan Heavey, Chief Executive of Tullow said: "I am personally very sad that Tom is to leave Tullow as he has made anoutstanding contribution to the Group since he joined us in 2000. His commitmenthas been exceptional and we are all truly disappointed that he will not be partof the next phase of growth and development of the business. We fully understandhis decision and wish him every happiness and success in the future." Tom Hickey added: "It has been a great pleasure to work with Aidan and the team at Tullow for thelast eight years. During this period Tullow has consistently demonstrated strongbusiness growth and delivered exceptional shareholder returns and I believe theteam we have built will continue this performance. My decision to move on fromTullow has been a very difficult one, but I believe it is the best personallong-term course of action. " For further information contact:Tullow Oil plc Citigate Dewe Rogerson Murray Consultants(+44 20 8996 1000) (+44 20 7638 9571) (+353 1 498 0300)Tom Hickey Martin Jackson Joe MurrayChris Perry Kate Delahunty Notes to Editors Tullow is a leading independent oil & gas, exploration and production group,quoted on the London and Irish Stock Exchanges (symbol: TLW) and is aconstituent of the FTSE 100 Index. The Group has interests in over 100exploration and production licences across 23 countries and focuses on four coreareas: Europe, Africa, South Asia and South America. Tullow's European interests are primarily focused on gas in the UK SouthernNorth Sea where it has significant interests in the Caister-Murdoch System andthe Thames-Hewett areas and operates over 70% of its production. In Africa, Tullow has exploration and production in Gabon, Cote d'Ivoire,Mauritania and Equatorial Guinea and two large appraisal and developmentprogrammes in Ghana and Uganda. Tullow also has exploration interests inMauritania, Senegal, Congo (DRC), Tanzania, Madagascar, Namibia and Angola. In South Asia, Tullow has exploration and production in Pakistan and Bangladeshand high impact exploration activities in India. In South America Tullow has high impact exploration interests in Trinidad andTobago, French Guiana and Suriname. For further information please refer to our website at www.tullowoil.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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