REG - Europa Oil & Gas - Board Change

Europa Oil & Gas (Holdings)Announcement

08/04/2024 07:00

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RNS Number : 5878J  Europa Oil & Gas (Holdings) PLC  08 April 2024

 

Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil
& Gas

 

8 April 2024

 

Europa Oil & Gas (Holdings) plc

("Europa" or the "Company")

 

Board Change

 

Europa Oil & Gas (Holdings) plc, the AIM quoted UK, Ireland and West
Africa focused oil and gas exploration, development and production company, is
pleased to announce the appointment of Dr Eleanor Rowley to the board as
Independent Non-executive Director with immediate effect.

 

Dr Rowley has extensive experience in the upstream energy sector working as a
geoscientist in both exploration and development projects. She is a proven
hydrocarbon finder who has been responsible for multiple impactful discoveries
in India, Cyprus and MENA 1  and has been responsible for evaluating
exploration and appraisal opportunities across multiple jurisdictions
including sub-Saharan Africa.

 

Dr Rowley is currently Managing Director at Capricorn Energy (Egypt), where
she was initially responsible for setting up Capricorn's business in Egypt,
involving a net investment of >US$300 million in the last two calendar
years, and now manages that business, which averaged gross production of 75
kboepd 2  in 2023. Prior to that, she held senior executive positions with
supermajors as well as mid-size and small E&P 3  companies in multiple
geographies, including a period as Vice President Exploration (MENA &
Caspian Southern Europe) at TotalEnergies where she was responsible for the
region's exploration and appraisal projects, new business development
strategy, exploration operations and technical excellence.

 

Dr Rowley holds a BA in Earth Science from Oxford University and a PhD in
Geophysics from Cambridge University.

 

Brian O'Cathain, Chairman of Europa, commented:

 

"We are delighted that Eleanor has agreed to join the Europa board. She has
extensive experience, both in exploration and appraisal/development projects,
and will bring deep technical expertise and leadership to the board. Her
extensive knowledge of exploration and appraisal asset evaluation will
complement the existing strengths of the board very well. Her appointment as
Independent Non-executive Director enhances the independent governance at
Europa, returning the board to a majority of independent directors. I look
forward to working with Eleanor on the board as the executive team continues
to build on our exciting portfolio of assets, grows our business and generates
value for our shareholders."

 

Further information on Eleanor Jane Rowley, as required in accordance with
Schedule 2(g) of the AIM Rules for Companies:

 

Eleanor Jane Rowley, aged 51

 

 Current Directorships / Partnerships  Past Directorships / Partnerships (last 5 years)
 Capricorn Egypt Limited               None
 Badr el-Din Petroleum Company

 

Dr Rowley has no direct or indirect interest in the Company's issued share
capital.

 

There is no further information to be disclosed pursuant to Schedule 2(g) of
the AIM Rules for Companies.

 

* * ENDS * *

 

For further information, please visit www.europaoil.com
(http://www.europaoil.com/)  or contact:

 William Holland                                   Europa Oil & Gas (Holdings) plc                            mail@europaoil.com
 James Dance / James Spinney / Rob Patrick         Strand Hanson Limited - Nominated & Financial Adviser      +44 (0) 20 7409 3494
 Peter Krens                                       Tennyson Securities                                        +44 (0) 20 7186 9033
 Patrick d'Ancona / Finlay Thomson / Kendall Hill  Vigo Consulting                                            + 44 (0) 20 7390 0230

 

 

 1  Middle East North Africa

 2  Thousand Barrels of Oil Equivalent Per Day

 3  Exploration and Production

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