Europa Oil & Gas (Holdings) PLC (AIM:EOG) has appointed Alastair Stuart as chief operating officer and executive director with immediate effect.
Stuart, a petroleum engineer in background, has been a consultant with Europa since 2012 though more recently has been intimately involved in the development of the Wressle Field, Europa noted.
He will now be relinquishing his other commitments and focusing on ensuring that the full potential of Europa's existing assets can be rapidly realised, it added.
Meanwhile, the company also noted that in order to ensure that the finance function within Europa is suitably resourced, the company has increased its existing mandate with Clifton Financial Solutions.
Europa chief executive Will Holland, in a statement, commented: "I am delighted that Alastair has agreed to join Europa in a full-time capacity.
“He has been consulting for Europa since 2012 and has played an integral part in not only the development of Wressle but also has deep knowledge of our operated assets.
“He brings a wealth of engineering and M&A experience in the upstream sector that will be of crucial importance as we continue to develop our existing asset base and concurrently grow the business. I look forward to working with him at this very exciting time for the company."