Business
Directorate & Management Chan
Directorate & Management Chan.
About this update from Afentra Plc
[{"type":"text","content":"\n RNS Number : 8293V Sterling Energy PLC 09 November 2010 \n \n\n \n9 November 2010\n \nSterling Energy Plc (\"Sterling\" or the \"Company\") is pleased to announce the following board and management appointment effective today:\n \nMr Angus MacAskill has been appointed Chief Executive Officer (\"CEO\") and a director of Sterling; Alastair Beardsall who has been undertaking the role of CEO will continue to be Sterling's Executive Chairman and will reduce his working time commitment accordingly. \n \nMr MacAskill graduated from Edinburgh University in 1981 with a B.Sc. Degree in Physics. Later the same year he started his oil industry career with Schlumberger, the integrated oil field service company, working on international assignment in Africa for 5 years. He then returned to full time education and graduated from Heriot-Watt University, Edinburgh, in 1987 with an M.Eng. Degree in Petroleum Engineering. \n \nIn 1987, Angus joined Mobil Oil and, during his 10 year employment with the company, held a number of production, reservoir engineering and managerial posts in London, Aberdeen and Stavanger. During his time with Mobil, Angus also continued his professional development and in 1996 graduated with an M.B.A. from Aberdeen University.\n \nAngus joined Enterprise Oil in 1997 and, during his 5 years there, rose to the position of Vice President for Business Development (USA). In 2002, Shell acquired Enterprise Oil and Angus elected to leave and return to UK where he was appointed Vice President with Waterous & Co., providing advisory services in the acquisition and divestment of oil and gas assets.\n \nIn 2004, Angus was appointed an executive director of Elixir Petroleum Ltd, with responsibility for the company's business development activities focused in the UK North Sea.\n \nAngus joined Emerald Energy in 2006 as Chief Operating Officer and in December of that year was appointed Chief Executive Officer. During the following three years, the company experienced material growth following exploration successes in its assets in South America and the Middle East, prior to being acquired by Sinochem in 2009. \n \nAlastair Beardsall, Sterling's Chairman commented\n \n\"I am very pleased to welcome Angus as a member of the board and as our CEO. Angus and I have worked toget...