28th Mar 2013 07:02
Trap Oil Group plc
("Trapoil" or the "Company")
Directorate Change
Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces the resignation of David Kemp, the Group's Finance Director. David will remain with the Group until 12 April 2013, during which time he will have effected a handover to John Church. John Church will assume the role and responsibilities of Interim Finance Director with effect from 13 April 2013 pending the appointment of a full time permanent replacement. John was involved as the Company's Finance Director at the IPO in March 2011 and is currently Financial Controller and Company Secretary. He has worked closely with David on all aspects of the Group's finances. He is a Chartered Accountant with over 30 years experience across a wide variety of industries.
Kevin Watts, Chairman of Trapoil, commented:
"David has made a substantial contribution to Trapoil and leaves the Group on a sound financial footing. We are understandably sad to see him leave but appreciate his desire to accept a significant posting with a major service provider to the oil and gas industry. We wish him every success in his future career."
**ENDS**
Enquiries:
Trap Oil Group plc
| Mark Groves Gidney, CEO
| Tel: 0203 170 5586 www.trapoil.com
|
Strand Hanson Limited | James Harris Matthew Chandler James Spinney
| Tel: 0207 409 3494 |
Mirabaud Securities LLP | Peter Krens
| Tel: 0207 321 2508 |
FirstEnergy Capital LLP | Hugh Sanderson David van Erp
| Tel: 0207 448 0200
|
Cardew Group | Shan Shan Willenbrock Lauren Foster
| Tel: 0207 930 0777 |
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