Attis Oil & Gas Ltd / Index: AIM / Epic: AOGL/ ISIN: VGG6622A1057 / Sector: Oil and Gas
31 October 2019
Attis Oil & Gas Ltd ('the Company')
Resignation of Director
Attis Oil and Gas Ltd (AIM: AOGL), the AIM listed oil and gas company, announces that the Board has accepted the resignation of Mr Charlie Wood as CEO and Director of the Company.
Mr Wood's resignation is effective immediately, however, he will provide a short transitional hand over period to provide support to Thom Board and Paolo Amoruso who will remain COO and Executive Chairman respectively. It is not therefore intended to replace Mr Wood at this time.
The Company would like to thank Mr Wood for his contribution to the Company over the past 12 months as he has helped to advance the Company through this challenging period; but understands that Mr Wood now wishes to concentrate on his other business interests.
Attis Oil & Gas Ltd is an AIM-traded (London Stock Exchange) North American-based energy company. It is actively pursuing a primary recovery oil strategy focused on re-stimulating wells within mature producing basins with immediate cash flow from projects that are shallow, low risk with low levels of capex and infrastructure already in place. Attis is also seeking to develop new drill opportunities within both existing & new acreage.
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