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Regal Petroleum makes changes in company board

Published 04 October 2017

Regal Petroleum, an AIM-quoted oil and gas exploration and production group, has made changes to the board of directors of the company.

With effect from 16 October 2017, Mr Keith Henry will step down as Executive Chairman and Director of the Company and Dr Alastair Graham will step down as Non-Executive Director of the Company.
 
With effect from the same date, Mr Chris Hopkinson, who joined the Board of Directors on 20 September 2017, will become Non-Executive Chairman of the Company, and Dr Philip Frank, who has been a consultant to the Company since August 2015, will join the Board as a Non-Executive Director. 
 
Dr Frank is a geologist with extensive experience in the oil and gas industry. He began his career with BP, followed by technical and management roles with Clyde Petroleum, Triton Resources, Monument Oil & Gas and Lasmo. He was then Exploration Manager for Emerald Energy, Exploration Director for Sterling Energy and a Non-Executive Director of Tower Resources. 
 
Dr Frank is a Chartered Geologist, a Fellow of the Geological Society and a member of the Petroleum Exploration Society of Great Britain, and has a BSc and PhD in Geology from Liverpool University.
 
Sergii Glazunov, CEO, in welcoming the new appointments said: "The Company wishes to extend its appreciation to both Keith Henry and Alastair Graham for their valued contributions during their respective tenures with the Company over the last nine and seven years respectively. Thanks to their guidance and support, they leave Regal with an expanded asset portfolio, a strong balance sheet and production at record levels".

Source: Company Press Release