Tullow Oil PLC
05 April 2004
Tullow Oil plc
5th April 2004
Retirement of Executive Director
Tullow Oil plc (Tullow) announces the forthcoming retirement of its UK Business
Unit Managing Director, John Lander. Mr Lander will retire from full-time work
in mid April, however he will continue to perform consulting projects with
Tullow in the future.
Since joining Tullow in 2000, John has been instrumental in the growth of Tullow
Oil UK Ltd, the Tullow subsidiary set up to complete the acquisition of a
significant parcel of BPAmoco/ARCO assets in the Southern North Sea. This proved
to be a transforming deal for Tullow. Since 2001 the Company has focused on
extracting value from the assets and consolidating acreage and infrastructure in
this core area.
John Lander started his career with Shell in the 60's and has over 35 years
experience in the international oil production arena, the latter 20 years as a
director of Pict, Premier and British Borneo. Mr Lander also served as President
of the Petroleum Exploration Society of Great Britain in 1996.
John will be replaced as General Manager in the UK by Paul McDade. Paul joined
Tullow to head up operations & technical matters in June 2001. A petroleum
engineer by discipline, Paul has extensive UKCS and international experience
with LASMO, Talisman and Conoco.
Pat Plunkett, Chairman of Tullow, commented 'I would like to thank John for his
significant contribution over the past years. His wisdom and experience have
enabled us to build a firm base from which to grow in the UKCS, with the capture
of further assets in the area, including vital infrastructure and strategic
operatorships.'
For Further Information Contact:
Tullow Oil plc (+44 20 7333 6800)
Pat Plunkett
Tom Hickey
Citigate Dewe Rogerson (+44 207 638 9571)
Martin Jackson
Murray Consultants (+353 1 498 0300)
Joe Murray
Notes for Editors
Tullow Oil plc is one of the leading Independent International Oil & Gas
Exploration and Production companies in Europe. Tullow is quoted on the London
and Irish stock exchanges (symbol TLW) and is a member of the FTSE 250 Index.
Strategy
Tullow's strategy is to build strong and secure cash flow from low risk
production acreage, while applying discretionary funds to exploration
territories with high potential. These activities will be undertaken in a manner
that reflects a genuine concern for the environment and the health and safety of
all personnel.
Production and Development Assets
Tullow has interests in over 50 exploration and production licences spread over
three core areas: UK North Sea, West Africa and South Asia.
In the North Sea, Tullow's principal interests are in the CMS (where Monroe
exploration well is currently drilling) and the Thames/Hewett group of licences
in addition to the operatorship of the Bacton onshore gas-processing terminal.
The Espoir field in Cote d'Ivoire, West Africa, is Tullow's principal source of
international production. Tullow is also active in exploration and development
programmes in Cameroon and Gabon.
In South Asia, Tullow has production and exploration interests in Pakistan and
exploration activities in India. In Bangladesh, a three well drilling programme
in Block 9 is under way.
For further information see www.tullowoil.com
This information is provided by RNS
The company news service from the London Stock Exchange
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