14th Jan 2008 07:01
Premier Oil PLC14 January 2008 PREMIER OIL PLC ("Premier") Board changes In line with Premier's previously stated intention to bring new non-executivesonto the Board, Premier is pleased to announce the appointment of Mr. DavidLindsell and Mr. Michel Romieu as non-executive directors with effect from 17thJanuary 2008. Mr. Lindsell has recently retired from Ernst & Young, where he has been apartner for nearly thirty years. He specialises in audit and assurance services.He has extensive experience across a range of industry sectors, with a strongknowledge of the oil and gas sector, having been the audit partner for BP forseven years. His most recent role at Ernst & Young has been to ensure thatinternational accounting standards are applied in a consistent manner throughoutthe firm. He is a member of the Financial Reporting Review Panel, a member of theStandards Advisory Council of the International Accounting Standards Board and amember of the Supervisory Board of European Financial Reporting Advisory Group. Mr. Romieu has over thirty years experience in the international energy sector,including twenty five years with the Elf Group, where he held the positions ofChief Executive Officer of Elf Nigeria, Elf UK and the Group's Gas Division.During his period as Chief Executive of Elf UK, he was elected President of theUK Offshore Operators Association for year 1995. On his retirement from Elf in 2000, Michel became Director for Gas of CRE, theFrench Energy Regulator, a position he held until 2003, when he established hisown consultancy specialising in advice to the gas industry. Michel is a lectureron international marketing of natural gas at the French Petroleum Institute andPresident of Uprigaz, the federation of new entrants in the French gas market. Premier also announces today the retirement of Mr. Scott Dobbie and Mr. RonEmerson as non-executive directors, with effect from June 6th 2008, the date ofPremier's Annual General Meeting. Mr. Dobbie joined the Board in December 2000and Mr. Emerson joined the Board in March 2001. Sir David John, Chairman, commented: "I would like to take the opportunity to welcome David Lindsell and MichelRomieu as non-executive directors to the Premier Board. Their background andexperience will complement the existing Board members. I would also like tothank Scott Dobbie and Ron Emerson for their counsel over the last seven yearsin what has been a period of significant success for Premier. Scott's manyyears of experience in the securities industry has been invaluable in buildingon Premier's institutional relationships. Ron's banking background, as well ashis knowledge of Asian markets, has added significantly to Premier's strategicand financial thinking over the period. They have both contributed greatly topositioning the Company for future growth". No other information is required to be disclosed pursuant to Listing Rule9.6.13. 14 January 2008ENQUIRIESPremier Oil plc Tel: 020 7730 1111Simon LockettTony Durrant Pelham PRJames Henderson Tel: 020 7743 6673Gavin Davis Tel: 020 7743 6677 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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