Director Appointment

RNS Number : 2317D

TomCo Energy PLC

17 February 2020

 

17 February 2020

TomCo Energy plc

("TomCo", the "Company" or the "Group")

Director Appointment

TomCo Energy plc (AIM: TOM), the unconventional oil exploration, development and technology group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to announce that it has appointed Mr Stephen West as a Non-Executive Director of the Company, with immediate effect.

Mr West holds a Bachelor of Commerce and is a Fellow Chartered Accountant (CA ANZ) and CA (ICAEW) with over 26 years of financial and corporate experience gained in public practice, oil and gas, mining and investment banking. Mr West has held several senior positions in oil and gas, and mining companies, including Apollo Consolidated Limited (ASX: AOP) where he was a Non-Executive Director from 2012 to 2018, and Zeta Petroleum plc where he is co-founder and current Non-Executive Chairman. He is also currently Executive Director and Chief Financial Officer of PetroNor E&P Limited (OSE: PNOR); however, has recently resigned from this position, effective from the end of February 2020, having been instrumental in the successful merger of African Petroleum Corporation Limited and PetroNor E&P Limited in August 2019, and the subsequent integration of the two companies. Prior to 2002, Mr West worked in the banking sector, including for Barclays Capital London where he managed Global Finance Projects.

Additional information on Stephen West

The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:

Stephen Paul West, aged 47, has been a director or partner of the following companies during the five years preceding the date of this announcement:

Current directorships/partnerships	Past directorships/partnerships (last 5 years)
29 Filmer Road Management Limited	African Petroleum CI-513 Limited
African Petroleum Côte D'Ivoire Limited	African Petroleum Corporation Limited
African Petroleum Gambia Limited	African Petroleum Drilling Services Ltd
African Petroleum Senegal Limited	African Petroleum Guinea Limited
African Petroleum Sierra Leone Limited	African Petroleum Liberia Limited
APCL Gambia B.V.	African Petroleum Limited
Cresthaven Investments Pty Limited	Apollo Consolidated Limited
European Hydrocarbons Limited	Auctus Corporation plc
European Hydrocarbons (Cayman) Limited	European Hydrocarbons Ghana Ltd
MFW Resources Limited	European Hydrocarbons SL Limited
Oilion Energy Ltd	Norsve Resources Limited
PetroNor E&P AS	Orana Corporate LLP
PetroNor E&P Limited	Partner Capital Limited
PetroNor E&P Services Limited	Silk Road Oil & Gas Ltd
Regal Liberia Limited
Zeta Petroleum plc

Mr West is currently interested in 3,076,923 ordinary shares of no par value in the Company, representing approximately 1.1% of the Company's issued share capital.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

Andrew Jones, TomCo's Executive Chairman, commented:

"I am delighted to welcome Steve West to the TomCo Board. He brings considerable capital markets and transactional experience in the oil and gas sector to the Company which adds to and complements the skill set of our existing Board members. We look forward to working with Steve as we work towards unlocking and delivering value from our significant unconventional hydrocarbon resources."

Enquiries:

TomCo Energy plc

Andrew Jones (Chairman)                                             [phone]

John Potter (CEO)

Strand Hanson Limited                                                 (Nominated Adviser)

James Harris                                                                       [phone]

Richard Tulloch

James Dance

Turner Pope                                                                       (Broker)

Andy Thacker/Zoe Alexander                                     [phone]

For further information, please visit www.tomcoenergy.com

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").

 

END

 

 

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