Board Change

RNS Number : 7728U

Petrel Resources PLC

03 January 2013

 



3 January 2013

Petrel Resources plc

("Petrel" or the "Company")

Board Change

It is with great regret that the board reluctantly accepts the resignation with immediate effect of Guy Delbès. Following his 84th birthday Guy is seeking to reduce his business interests.

A former French diplomat, Guy Delbès has served with distinction on the Board of Petrel Resources plc since 2000.  His energy and optimism belie his five decades of Middle East experience.

A fluent Arabic speaker, Guy facilitated the Company's entrance into the Iraqi Oil Industry.  Throughout the period of sanctions and conflict, he operated in hazardous and challenging environments without complaint and displayed a quiet courage that calmed everyone he worked with.  He led from the front, travelling in Baghdad and elsewhere during the worst of the issues in-country.  He was always courteous, exuding an air of experience and agreeable authority that calmed nervous young militia at check-points.

The Company will be appointing a replacement non-executive Director on or before 8th February 2012.

Petrel Resources is a diversified oil and gas exploration and production company, with interests in Ghana, Ireland and Iraq. The company has a signed petroleum agreement in Ghana, holds two licences in offshore Ireland and recently completed an exploration and production joint venture contract in Iraq.

Enquiries:

Petrel Resources Plc
David Horgan, Managing Director	[phone]
John Teeling	[phone]
Northland Capital Partners Limited
John Henry-Wickes / Alice Lane Gavin Burnell	[phone]
Blythe Weigh Communications	[phone]
Tim Blythe	[phone]
Robert Kellner Kawthar Badda	[phone] [phone]
Pembroke Communications
David O'Siochain	[phone]

www.petrelresources.com

 

END

 

 

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