Directorate Change
16/12/2024 09:16
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RNS Number : 2226Q Global Petroleum Ltd 16 December 2024
16 December 2024
The information contained within this announcement is deemed by the Company to
constitute inside information under the UK Market Abuse Regulations ("MAR").
Upon the publication of this announcement via a Regulatory Information Service
("RIS"), this inside information is now considered to be in the public
domain.
Global Petroleum Limited
("Global" or "the Company")
Appointment of Azib Khan as Chief Commercial Officer
Global Petroleum Limited is pleased to announce the appointment of Azib Khan
as Executive Director and Chief Commercial Officer ("CCO") with immediate
effect. Azib previously served as a Non-Executive Director of the Company and
has been instrumental in driving key initiatives throughout the year.
Azib's leadership has been pivotal to the acceleration of the Juno Project and
progress on seeking to farm out on the PEL94 front. His expanded role as CCO
will enable him to further drive these strategic initiatives and deliver value
for our shareholders.
Azib is a prominent figure in the Australian financial markets, whose insights
and analysis have regularly featured in Australian and global financial press,
including the Australian Financial Review, The Australian, Bloomberg and
Reuters. His deep focus on shareholder value creation will significantly
enhance Global's ability to achieve disciplined growth.
This appointment underscores Global's commitment to strengthening its
leadership team as it continues to execute its strategic priorities and
deliver on its growth objectives.
Hamza Choudhry CFO of Global Petroleum Limited commented:
"We are delighted to welcome Azib Khan to the executive team. His
exceptional commercial acumen, coupled with his deep understanding of the
financial sector, will be invaluable as we continue to advance our current
projects. Azib moving from his current role to a full time CCO shows his
conviction in the current projects and growth potential of Global. Azib's
appointment aligns with the Board's strategy to maximise shareholder value,
and we are confident that he will drive our growth plan going forward in
disciplined fashion."
Azib Khan CCO of Global Petroleum Limited added:
"I am excited to step into this expanded role and contribute to Global's
future growth. Global's projects have tremendous potential. I look forward
to working alongside our world-class JV partner Callum Baxter on the Juno
project and our potential farm-out partner on our oil and gas exploration
licence in Namibia. I will look to leverage my skills and experience to ensure
we create significant shareholder value. This is an exciting time for Global
Petroleum, and it is an honour to be a part of such a high calibre team."
For further information, please visit http://www.globalpetroleum.com.au/
(http://www.globalpetroleum.com.au/) or contact:
Global Petroleum Limited investors@glo-pet.com
Hamza Choudhry, CFO Global Petroleum
SPARK Advisory Partners Limited (Nominated Adviser) +44 (0) 20 3368 3555
Andrew Emmott
CMC Markets (Broker) +44 (0) 20 7170 8200
Tom Curran/Thomas Smith
SI Capital Limited +44 (0) 148 341 3500
Nick Emerson/Nick Briers
Tavistock (Financial PR & IR) +44 (0) 20 7920 3150
Simon Hudson / Nick Elwes
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