Business
AFRICA OIL ANNOUNCES LEADERSHIP CHANGE
AFRICA OIL ANNOUNCES LEADERSHIP CHANGE Canada NewsWire VANCOUVER, BC , ...
About this update from Meren Energy Inc.
[{"type":"text","content":"\n \n \n \n AFRICA OIL ANNOUNCES LEADERSHIP CHANGE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 26, 2023\n \n \n /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) -\n \n Africa Oil Corp.\n \n (\"Africa Oil\", \"AOC\" or the \"Company\") announces that\n \n Keith Hill\n \n , President and CEO, has informed the Board of his intention to step down from his executive role at Africa Oil. Mr. Hill has led the Company for more than fourteen years and has presided over major milestones, including the Prime Oil & Gas acquisition and the Venus oil discovery offshore\n \n Namibia\n \n . Under Mr. Hill's leadership, Africa Oil has grown from a junior explorer to a full-cycle upstream company, and he leaves it in a very strong position, poised for continued future growth.\n \n View PDF version\n \n \n \n The Company is pleased to announce that\n \n Roger Tucker\n \n will join Africa Oil to succeed Mr. Hill as the new President and CEO. Dr. Tucker has a distinguished international oil and gas career with extensive experience of running and developing businesses in multiple and varied international environments. His career is characterized by significant value-creation in businesses ranging from independents, multi-nationals and state-owned companies. He was Senior Vice President Europe, for BG Group; CEO of African Arabian Petroleum Ltd., and Latitude Energy; Managing Director of Yukos Oil; and President LASMO Venezuela and a member of LASMO's Group Executive Committee. More recently he was Chairman of Viaro Energy and has experience in private equity through Senior Partner-level positions at Prostar Capital and Vanwall Capital. He is currently a Non-Executive Director of PetroTal Corporation.\n \n \n Mr. Hill has agreed to remain on the Board as a Director of the Company with Dr. Tucker also joining the Board as a Director. The handover will take place on\n \n September 5, 2023\n \n , and Mr. Hill will continue to lead the Company until that date.\n \n \n \n Mr. Craig, Chairman of the Board comm...