Independent Oil & Gas (LON:IOG)
Independent Oil & Gas (IOG) have made the following board changes.
• Andrew Hockey joins the board as Deputy Chief Executive. He has 35 years’ experience in the oil and gas industry most recently with Fairfield Energy and Sound Energy. He also led the early development of Clipper South, a successful SNS producing gas field which is analogous to IOG’s Vulcan satellites development.
• Hywel John joins the board as Chief Financial Officer. He was previously CEO of Bayfield Energy, CFO of Candax Energy and senior executive at Burren Energy.
• The Right Honourable Charles Hendry appointed Non-Executive Director as a nominee of the Company’s major stakeholder, London Oil & Gas Limited, a major investor in IOG. Minister of State for Energy between May 2010 and September 2012.
• David Peattie resigns from the Board, with immediate effect, as a consequence of his appointment as Chief Executive of the Nuclear Decommissioning Authority.
• Mark Routh, IOG’s Chief Executive Officer, is appointed Chairman on an interim basis.
• Peter Young leaves the board and takes up a new role as Head of Business Origination. He has a strong track record in business origination, M&A and Finance.
• Graham Cox joins as SNS Project Manager. Previously he was project manager on the Clipper South Development.