REG - Cloudbreak Discovery - Appointment of VP Exploration & Development

Cloudbreak DiscoveryAnnouncement

16/02/2023 07:00

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RNS Number : 0638Q  Cloudbreak Discovery PLC  16 February 2023

16 February 2023

 

Cloudbreak Discovery Plc

("Cloudbreak" or the "Company")

 

Appoints Michael Sullivan as Vice President Exploration & Development

 

Cloudbreak Discovery PLC (LSE: CDL), a leading natural resources project
generator & royalty company, is pleased to announce the appointment of
Michael Sullivan as Vice President Exploration & Development.

 

Mr. Sullivan has over a decade and a half of technical subsurface
experience.  His petroleum career began as a Geoscientist performing
formation evaluation programs for Baker Hughes, Inc.   Following this he
served as lead Production Geologist developing onshore, unconventional Eagle
Ford assets for BHP Billiton Petroleum. Later he continued with BHP to lead
development and production operations within the West Texas, Permian Basin.
Mr. Sullivan then served as Exploration Geologist/Geophysicist maturing
ultra-deepwater prospects offshore Trinidad and Tobago for BHP's
deepwater Caribbean campaign. Mr. Sullivan is currently based in Houston,
Texas.

 

Kyler Hardy, President and CEO of Cloudbreak, commented, "I am excited to
officially welcome Michael to the team.  Over the last eight months he has
been working as a consultant to the Company assisting in the development of
our oil & gas royalty strategy. We have been able to benefit from his
experience and knowledge across our key operating jurisdictions which has
proven invaluable.  As part of the Executive team his experience and
knowledge will be crucial as we continue to acquire additional royalties and
generate new oil and gas opportunities to grow Cloudbreak's cashflow"

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

 

-ENDS-

 

For additional information please contact:

 

 Cloudbreak Discovery PLC                                    Tel: +1 604 428 9480

                                                             Kyler Hardy, CEO                  khardy@cloudbreakdiscovery.com (mailto:khardy@cloudbreakdiscovery.com)

 Novum Securities                                            Tel: +44 7399 9400

 (Financial Adviser)
                                                             David Coffman

 Oberon Capital                                              Tel: +44 20 3179 5355 /

 (Broker)                                                            +44 20 3179 5315

                                                             Nick Lovering / Adam Pollock

 BlytheRay                                                   Tel: +44 207 138 3204             Cloudbreak@blytheray.com (mailto:Cloudbreak@blytheray.com)

 (Financial PR/IR-London)
                                                             Tim Blythe

                                                             Megan Ray

 Stellium Services                                           Tel: +44(0)207 129 1205           Cloudbreak@StelliumServices.com (mailto:Cloudbreak@StelliumServices.com)

 (Investor Relations)
 www.StelliumServices.com (http://www.StelliumServices.com)  Andrew Wilson
                                                             Claire Bowden

 

 

About Cloudbreak Discovery PLC

Cloudbreak Discovery PLC, is a leading natural resource project generator
& royalty company, working across a wide array of energy & mineral
assets that are being developed and managed by an experienced team with a
proven track record. Value accretion within the projects being developed by
Cloudbreak's generative model enables a multi-asset approach which is key to
investing in exploration & royalties.

 

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