New Non-Executive Director
April 11 2005 - 3:00AM
UK Regulatory
RNS Number:8656K
Venture Production PLC
11 April 2005
11 April 2005
VENTURE PRODUCTION plc
("Venture", "the Company" or "the Group")
Venture Appoints New Non-Executive Director
Venture Production plc is pleased to announce that Alan Jones will be joining
the Venture Board with effect from 28 April 2005. In addition, he will be a
member of both the Audit and the Remuneration Committees.
Alan is an engineer with a first class honours degree from University College
London. In his 30 year career with BP he has gained extensive technical and
management experience, both internationally and in the North Sea. He has
particularly strong experience in project management and operational management.
He was responsible for managing the successful $6billion development of BP's
Cuisiana and Cupiagua fields in Colombia. Alan retired from BP in 2000 after
three years as regional President of BP in Scotland.
Alan's experience of the North Sea industry and regulatory framework includes
having been a member of the government task force examining the future of the
UK oil and gas industry and he recently lead the UKOOA team which restructured
the industry trade association.
Commenting on the news, John Morgan, Chairman of Venture Production said:
"We are delighted that Alan has agreed to join the Venture Board. He brings an
extremely strong level of management and technical experience which will
undoubtedly strengthen our ability to deliver value for our shareholders."
Alan Jones has held no directorships within the last five years. There are no
further disclosures to be made in relation to Mr Jones under paragraphs 6.F.2
(b)-(g) of the Listing Rules.
Contact:
Mike Wagstaff, Chief Executive 01224 619000
Patrick Handley, Brunswick 020 7404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
END
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