2nd Apr 2009 07:00
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For immediate release |
2 April 2009 |
Leed Petroleum PLC
("Leed" or the "Company")
Expands Management Team
Two new executives join Management Team
Leed Petroleum PLC (AIM: LDP), the oil and gas exploration and production company focused on the Gulf of Mexico, today announces that two new employees have joined the Company's Management Team.
Timothy C. Woods has been named Leed Petroleum's Chief Financial Officer. Mr. Woods joined the Company on 23 March 2009, and brings with him over 30 years experience in the oil and gas industry. Prior to joining the Company, Mr. Woods contributed for 25 years to the success of Taylor Energy Company, a significant Gulf of Mexico producer, spending 19 years as Chief Financial Officer. Timothy also held the positions of Controller and Financial Manager during his time with the Company. Before joining Taylor Energy, Mr. Woods was employed for 5 years in various operations, sales, and planning positions in the Gulf Coast region for the Western Company of North America, an oil field service company. Mr. Woods, a Certified Public Accountant licensed in Louisiana, holds a Bachelor of Business Administration degree from Texas A&M University with a finance concentration and a Master of Science degree in Accounting - Taxation Option from the University of New Orleans.
Irion Bordelon, Jr. joined Leed on 2 March 2009 as Exploration Manager. Mr. Bordelon earned his Bachelor and Masters degrees in geology from the University of New Orleans in 1981 and 1988, respectively. Mr. Bordelon has spent his career as an exploration geologist working, offshore Gulf of Mexico, onshore Louisiana and Mississippi, and offshore Nigeria, for Mobil Oil Company, Flores & Rucks, Dominion Exploration & Development Company, as well as several other independent exploration and development companies. He was also the Chief Executive Officer of NorthStar Energy, LLC, a privately owned exploration company focused on the Gulf of Mexico region.
Howard Wilson, President and Chief Executive of Leed Petroleum PLC, commented:
"We are very pleased and excited to add Tim and Irion to our management team. These gentlemen have been very successful in their respective disciplines and will be key players in the continuing growth of Leed. They each bring a wealth of industry experience to our company with special knowledge relating to exploration and production in our focus area-the Gulf Coast region".
For further information please contact:
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Leed Petroleum PLC |
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Howard Wilson, President and Chief Executive |
+1 337 314 0700 |
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James Slatten, Chief Operating Officer |
+1 337 314 0700 |
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Matrix Corporate Capital LLP |
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Alastair Stratton |
+44 20 3206 7204 |
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Tim Graham |
+44 20 3206 7206 |
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Buchanan Communications Ltd |
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Ben Willey |
+44 20 7466 5118 |
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Bobby Morse |
+44 20 7466 5151 |
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Chris McMahon |
+44 20 7466 5156 |
NOTES TO EDITORS
Operations
Leed Petroleum PLC is an AIM quoted independent oil and gas exploration and production company. The Company's operations are concentrated in the Gulf of Mexico region where Leed has established a significant portfolio of producing and development assets. The Company has interests in 16 offshore fields and 1 onshore field in the region.
Leed's strategy is to grow the Company's portfolio through organic development of its existing assets and to utilise its regional expertise to identify and purchase value adding assets.
Related Shares:
Leed Resources