Business
Appointment of Director
Appointment of Director.
About this update from Oracle Power Plc
[{"type":"text","content":"\n \n\n 4rd January, 2008\n\n ISIN: GB00B23JN426/GBP/PLUS-exn\n\n Oracle Coalfields Plc\n\n Appointment of Director\n\nThe Board of Oracle Coalfields Plc (\"Oracle\" or \"the Company\") is pleased to announce the\nappointment of Mr. Roderick Stead as a Non-Executive Director with immediate effect.\n\nMr. Stead (62) brings considerable experience in a wide variety of management roles in the oil,\ngas, coal, mining and forestry industries in different environments. Between 1967 and 2003 Mr.\nStead worked in several international locations for the Royal Dutch Shell Group of Companies. His\npositions included working as the Finance Controller for Shell Expro, the operator of the\nShell/Exxon North Sea joint venture between 1984-1987, before moving to Chile, where he was\nFinance Director and a board member of 18 Chilean Shell subsidiaries between 1987-1991. From 1991-\n1996 Mr. Stead worked as Group Advisor on Acquisition and Divestments for Shell International\nPetroleum Company Ltd. From 1996-1999 he was based in the Sultanate of Oman, where he worked as\nleader of the financing team for Oman LNG LLC, prior to becoming leader of the financing team for\nNigeria LNG Ltd between 1999-2003.\n\nSHAHRUKH KHAN, CHAIRMAN, SAID: \"I am delighted to welcome Roderick to the board of Oracle\nCoalfields. Roderick brings a wealth of experience in strategic business analysis, corporate\ngovernance and the management of major joint venture relationships and strategic alliances.\nRoderick's wide ranging experience in project finance negotiations and financial management will\nbe of great benefit to the Company as it moves forward with developing its projects and business.\"\n\nThe Directors of the Issuer accept responsibility for this announcement.\n\nENQUIRIES:\n\nORACLE COALFIELDS PLC\nSHAHRUKH KHAN, CHAIRMAN\nTELEPHONE: +44 (0) 1223 363960\nEMAIL: [email protected]\n\nCORPORATE ADVISERS\n\nST HELEN'S CAPITAL PLC\nBARRY HOCKEN, DIRECTOR\nTELEPHONE: 020 7628 5582\n\nwww.oraclecoalfields.com\n\nOracle Coalfields Plc\n\n\t\t\t\t\t\t \n ","length":2530,"tagName":"div"}]