Directorate Change and Appointment of Co-Broker

RNS Number : 1256Y

UK Oil & Gas Investments PLC

01 March 2017

 

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Directorate Change and Appointment of Co-Broker

UK Oil & Gas Investments PLC (London AIM & NEX: UKOG) is delighted to make two key announcements:

* Cenkos Securities plc have been appointed as joint broker

* Appointment of Allen D Howard as Non-Executive Director of the Company

UKOG is pleased to announce that it has appointed Cenkos Securities plc to act as its joint corporate broker with immediate effect. 

Allen Dee Howard, aged 39, has been appointed as Non-Executive Director. Allen is Senior Vice President of Houston-based Premier Oilfield Laboratories, having previously been Chief Operating Officer of well analysis experts Nutech. Allen also held senior positions with Schlumberger. He holds a degree in Chemical Engineering from Texas Tech University and an MBA from Mays Business School in Texas.

There are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

Stephen Sanderson, UKOG's Executive Chairman, commented:

"These are two significant appointments for the Company.

Cenkos has established a reputation as one of the leading corporate brokers in the AIM oil and gas sector. We look forward to working with them as UKOG enters an important phase of activity.

Allen Howard brings a wealth of technical expertise in well analysis and completions, huge experience and knowledge from the US onshore sector, plus a global network of industry and finance contacts. He is a hugely valuable addition to our Board to help move our Kimmeridge Limestone exploration assets into production."

For further information, please contact:

UK Oil & Gas Investments PLC

Stephen Sanderson / Kiran Morzaria                                                        Tel: [phone]

WH Ireland (Nominated Adviser & Joint Broker)

James Joyce / James Bavister                                                                     Tel: [phone]

Cenkos Securities PLC (Joint Broker)

Nick Tulloch / Neil McDonald                                                                     Tel: [phone]

Square 1 Consulting (Public Relations)

Brian Alexander / David Bick                                                                      Tel: [phone]

 

END

 

 

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