Business
Directorate Change
Directorate Change.
About this update from Petro Matad Limited
[{"type":"text","content":"\n \nRNS Number : 2842Q Petro Matad Limited 11 September 2017 \n\n \n11 September 2017\nPetro Matad Limited\n(\"Petro Matad\" or the \"Company\")\nPetro Matad, the AIM quoted Mongolian oil explorer announces that executive director Ms Amarzul Tuul has decided, for personal reasons, to step down from the Company's Board with immediate effect \nHowever, Petro Matad is pleased to announce that Ms Tuul will continue to work for the Company as a consultant, providing her valuable input and assistance on the Government and Community Relations strategy, and will remain the Group appointed representative at the Mongolian Petroleum Exploration and Production Association.\nCommenting, Enkhmaa Davaanyam, Petro Matad Chairperson, said:\n\"I would like to thank Ms. Tuul for her valuable support and insight which she has provided to the Board and business over the years and I am glad that she has agreed to continue this work on a consultancy basis.\" \n-Ends - \n \nFor more information, please contact:\n\n\n\n\n \nPetro Matad Limited\n\n\n\n\n\n\n\nRidvan Karpuz, CEO\n\n\n+97 670 141 099 / +97 675 751 099\n\n\n\n\n \nNOMAD and Broker\nStockdale Securities Limited\n\n\n\n\n\n\n\nRichard Johnson / David Coaten\n\n\n+44 (0)20 7601 6100\n\n\n\n\n \n Business Advisory Firm\n FTI Consulting\n Edward Westropp +44 (0)20 3727 1521 \n \nAbout Petro Matad\nPetro Matad is the parent company of a group focussed on oil exploration, as well as future development and production in Mongolia. At the current time, Petro Matad holds the sole operatorship of three Production Sharing Contracts with the Government of Mongolia. Block XX has an area of 10,340 km² in the far eastern part of the country, and Blocks IV and V have an area of 28,900 km2 and 21,100 km2, respectively, in the southwest part of the country. \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END BOASSAFIAFWSEDU\n ","length":4216,"tagName":"div"}]