Capricorn Energy plc’s new board appointed this week is expected to undertake a comprehensive strategic review of the business and potential directions for its future. NEW BOARD In the general meeting on 1 February, which was requisitioned by shareholder Palliser Capital Master Fund, six new members of the board were appointed each with 99.2% support. […]
Tag: company moves
Capricorn senior directors leave
Capricorn Energy plc’s senior directors have left their posts and the company has postponed its general meeting (GM) on proposals to merge with Israeli firm NewMed Energy Ltd. NEW DATE The moves follow demands from shareholder Palliser Capital plc which has since December 2022 objected to Capricorn’s plans for the merger and has also called […]
Block appoints Ken Seymour as chief operating officer
Block Energy plc has appointed Dr Ken Seymour as chief operating officer with effect from today, 10 January 2023. Dr Seymour has more than 40 years’ industry experience as a drilling engineer, drilling superintendent, drilling manager, asset manager, director and adviser. He has worked in various parts of the world, including the UK North Sea, […]
Guillaume Vermersch nominated Serica NED
Serica Energy plc said nominee Guillaume Vermersch will join the board as non-executive director on completion of the company’s acquisition of Tailwind Energy Investments Ltd. Tailwind’s largest shareholder Mercuria Energy Group made the nomination, along with that of Robert Lawson, under the terms of the sales and purchase agreement. Mr Vermersch is Mercuria’s group chief […]
Serica Energy appoints Michiel Soeting as NED
Serica Energy plc has appointed Michiel Soeting to the board as a non-executive director with effect from 1 February 2023. Mr Soeting has more than 30 years’ experience in the audit and financial service sector including 20 years in the oil and gas industry. He was former global lead partner and global head of energy […]
IGas appoints Doug Fleming as independent NED
IGas Energy plc has appointed Doug Fleming to the board as an independent non-executive director and a member of the audit committee with immediate effect. Mr Fleming’s senior expertise draws on 27 years’ working in exploration and production, corporate banking and venture capital. In 2014, he was part of the team that founded Siccar Point Energy […]