Island Oil and Gas PLC
11 October 2006
11 October 2006
ISLAND OIL & GAS PLC
Non-Executive Appointment
Island Oil & Gas plc ('Island' or the 'Company'), today announces that it is
expanding its Board with the appointment of Martin Carl Wilhelm Kindinger ('Carl
Kindinger') as a Non-executive Director with effect from 11 October 2006. Carl
will oversee the financial management of the Company including the further
development of the Company's portfolio of oil and gas assets.
Carl (age 55) was born in South Africa and is a UK qualified accountant (ACMA)
as well as holding a Bachelor's degree in Economics and a Masters in Business
Administration. He has had held both financial and general managerial posts of
increasing seniority in medium-sized multinational companies covering a variety
of industries including mining, ethanol production and fuel distribution in
Africa and the Middle East for the past two decades. He has considerable
experience in financial planning, project cost control, feasibility studies,
cross border mergers and acquisitions and international tax planning. He has
successfully raised finance for both project and working capital from
international banks, and has initiated a number of IPO's.
Carl currently holds directorships with Midad Investments Limited and Kindinger
International Investments (Pty) Limited. He was previously a director of Press
Corporation Limited, National Bank of Malawi, Carlsberg Malawi Limited; Oilcom
Limited; Dal Group Co Limited and Matlin Limited.
Carl is a nominee director appointed by Platinum Petroleum Limited. There are no
further details specified by Schedule 2 (g) of the AIM Rules to be disclosed.
Commenting upon the new appointment, Paul Griffiths, Island's Chief Executive,
said:
'I am delighted to welcome Carl to the Board of Island as a Non-executive
Director, and we look forward to working with him at this exciting and busy time
in the Company's development. Carl's wealth of experience both within the
industry and in financial planning will place the Company is a strong position
as we move ahead with the development of our rapidly developing project
portfolio
Enquiries:
Lisa J Newman MCIPR MIRS
Newman Consulting Tel: +44 (0)1252 878682
This information is provided by RNS
The company news service from the London Stock Exchange
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