Oil Quest Resources PLC
21 April 2005
OIL QUEST RESOURCES PLC
(Ticker: OILQ)
MANAGEMENT UPDATE
The Board of Oil Quest Resources plc ('Oil Quest' or 'the Company'), the AIM
quoted oil and gas exploration company, announces that Mr. David Bramhill,
Managing Director of Oil Quest, has left the board of Cambridge Mineral
Resources plc ('Cambridge') by mutual agreement in order to focus on the
management of Oil Quest.
David Bramhill was previously Managing Director of both the Company and
Cambridge. His departure from the Cambridge board is reflective both of Oil
Quest's increased scale of activities and of Cambridge's transition from
minerals explorer to producer.
Today's news follows the result of the Company's EGM, announced on 11 April
2005, where all resolutions, including that of changing the Company name to Oil
Quest, were duly passed. Oil Quest's ticker code has become 'OILQ', and the new
website is accessible at: www.oilquest.net. The Company has also recently
appointed Bishopsgate Communications to handle its Financial and Corporate PR,
as well as its Investor Relations.
--ENDS--
Enquiries:
Oil Quest Resources plc Tel: 0117 957 3666
David Bramhill
[email protected]
Westhouse Securities LLP Tel: 020 7601 6101
Tim Feather / Bill Staple
[email protected]
Bishopsgate Communications Ltd. Tel: 020 7430 1600
Maxine Barnes / Dominic Barretto
[email protected]
Notes to Editors:
Oil Quest Resources plc is quoted on the AIM market of the London Stock
Exchange. The Company's focus is to acquire interests in UK onshore exploration
licences, with high upside potential in proven hydrocarbon producing basins.
The main acquisition criteria are that drill-ready prospects are present on the
licence area. This enables shorter lead times for drilling activity. The Board's
objective is to add value by discovery and development.
For further information: www.oilquest.net
This information is provided by RNS
The company news service from the London Stock Exchange