Business
Appointment of COO and Executive Director
Appointment of COO and Executive Director.
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n \n \n \n \n \n \n Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas\n \n \n \n \n \n \n 3 April 2023\n \n \n \n \n \n \n \n \n Europa Oil & Gas (Holdings) plc\n \n \n \n \n (\"Europa\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n Appointment of Chief Operating Officer and Executive Director\n \n \n \n \n \n \n \n \n \n \n \n Europa Oil & Gas (Holdings) plc, the AIM traded UK and Ireland focused oil and gas exploration, development, and production company, is pleased to announce the appointment of Alastair Stuart as Chief Operating Officer and an Executive Director of the Company, effective immediately\n .\n \n \n \n \n \n Mr Stuart has over 30 years of experience in operational, commercial and technical roles in the energy and IT sectors. As a 1982 graduate of Herriot Watt's Masters programme in Petroleum Engineering, he began his career with Total CFP in Paris before joining Enterprise Oil in 1986, shortly after it was established, where he focussed on projects in the North Sea and the Far East. He was later promoted to New Ventures Manager, where he led the evaluation and progression of new ventures in South America, Eastern Europe and the Far East. After ten years with Enterprise, he worked briefly with Hardy Oil & Gas, before setting up his own consulting group in 1998 which developed processes and systems for managing capital allocation across large portfolios of investments in the oil & gas, pharmaceutical and venture capital sectors.\n \n \n \n \n \n Mr Stuart has been a consultant at Europa since 2012 and more recently has been intimately involved in the development of the Wressle Field. He will be relinquishing his other commitments and focusing on ensuring that the full potential of Europa's existing assets can be rapidly realised as well as supporting the CEO on further building the Company. \n \n \n \n \n \n In order to ensure that the finance function within Europa is suitably resourced, the Company has increased its existing mandate with Clifton Financial Solutions Limited (\"Clifton\"). Clifton already provides accounting services to Europa and going forward, will also provide administrative services that would typically fall under the remit of a CFO. More information on Clifton can be found on its...