EnQuest PLC Board Appointment (0447Q)
September 07 2017 - 2:01AM
UK Regulatory
TIDMENQ
RNS Number : 0447Q
EnQuest PLC
07 September 2017
ENQUEST PLC
7 September 2017
EnQuest PLC Board Appointment
EnQuest PLC ('EnQuest') is pleased to announce the appointment
of John Winterman as a Non-Executive Director of the EnQuest Board
with effect from 7 September 2017. On joining the board, John
Winterman will become a member of the Audit, Risk and Remuneration
Committees.
John, a member of the American Association of Petroleum
Geologists, has significant oil and gas experience in global
exploration, business development and asset management. John is
currently a non-executive director of CC Energy, the energy
division of the privately held construction company CCC.
Jock Lennox, Chairman of EnQuest said: "We are delighted to have
John joining the Board of EnQuest. He brings with him 40 years of
experience in the oil and gas sector, which includes 15 years of
executive responsibilities at Occidental. We look forward to
working with him."
John Winterman's Biography:
John Winterman holds a B.Sc. in geology from Queen Mary College,
London University and is a member of the American Association of
Petroleum Geologists. John has extensive leadership experience in
global exploration, business development and asset management and
has a strong record of exploration success globally with over two
billion barrels of oil equivalent discovered in the Philippines,
Indonesia, Bangladesh, Malaysia, Russia, United States and Yemen.
John joined Occidental in 1981 and after a 20+year technical career
as a geologist with the company, moved into executive roles, these
included high-level leadership positions in exploration, new
business development and in asset management. John left Occidental
in 2013 and since then he has provided strategic advice to
international oil and gas companies.
This announcement is made pursuant to paragraph 9.6.13R of the
Listing Rules of the UK Listing Authority ('UKLA'). There are no
other disclosures to be made pursuant to the paragraph 9.6.13R
(1)-(6) of the Listing Rules.
Ends
For further information please contact:
EnQuest PLC Tel: +44 (0)20 7925 4900
Stefan Ricketts
Company Secretary
ENQUEST
EnQuest is one of the largest UK independent producers in the UK
North Sea. EnQuest PLC trades on both the London Stock Exchange and
the NASDAQ OMX Stockholm. Its operated assets include
Thistle/Deveron, Heather/ Broom, the Dons area, the Greater
Kittiwake Area, Scolty/Crathes Alma/Galia and Kraken; EnQuest also
has an interest in the non-operated Alba producing oil field. At
the end of December 2016, EnQuest had interests in 25 UK production
licences, covering 35 blocks or part blocks and was the operator of
23 of these licences.
EnQuest believes that the UKCS represents a significant
hydrocarbon basin, which continues to benefit from an extensive
installed infrastructure base and skilled labour. EnQuest believes
that its assets offer material organic growth opportunities, driven
by exploitation of current infrastructure on the UKCS and the
development of low risk near field opportunities.
EnQuest is replicating its model in the UKCS by targeting
previously underdeveloped assets in a small number of other
maturing regions; complementing its operations and utilising its
deep skills in the UK North Sea. In which context, EnQuest has
interests in Malaysia where its operated assets include the
PM8/Seligi Production Sharing Contract and the Tanjong Baram Risk
Services Contract.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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