Cairn Energy PLC
14 May 2003
FOR IMMEDIATE RELEASE
14 May 2003
Cairn Energy PLC ('Cairn')
Appointment of Non-Executive Director
Cairn Energy PLC announces the appointment of Todd M Hunt as a Non-Executive
Director of the Company with effect from today's date.
Mr Hunt, aged 50, is currently President and joint owner of Atropos Exploration
Company and Atropos Production Company based in Dallas, Texas. These companies
currently operate approximately 150 wells, primarily in the Permian Basin of
West Texas and also hold non-operated interests in several other US states, both
onshore and offshore.
Mr Hunt holds 15,000 ordinary shares of 10 pence each in the Company, amounting
to 0.01% of the Company's issued share capital.
Mr Hunt is also a director/partner of Hotspur,LP, Indefatigable Corporation,
Indefatigable Partners, LP, Reynolds 2314 Partnership, Todd M. Hunt Family
Corporation, Merrimac Trading Company and McLean Investment Group, LC.
There are no matters which require to be disclosed for the purposes of paragraph
6.F.2 (b)-(g) of the Listing Rules.
Bill Gammell, Chief Executive of Cairn, commented:
'We are delighted that Todd Hunt has agreed to join the Cairn Board. His
experience of operating low-cost multiple wells in Texas will assist the Group
greatly in future drilling programmes, particularly in Rajasthan.'
Enquiries:-
Cairn Energy PLC:
Bill Gammell, Chief Executive Tel: 07785 557 310
Dr Mike Watts, Exploration Director Tel: 07768 631 328
Kevin Hart, Finance Director Tel: 07771 934 974
Brunswick Group Limited:
Patrick Handley, Catherine Bertwistle, Mark Antelme Tel: 0207 404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.