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REG - Nostra Terra O&G Co - Appointment of Director

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RNS Number : 6717A  Nostra Terra Oil & Gas Company PLC  04 February 2022

 

 

 

 

 

4 February 2022

Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")

 

Appointment of Director

Nostra Terra (AIM: NTOG), the oil & gas exploration and production
company with a portfolio of development and production assets within several
basins in the US, is pleased to announce that Paul Welch has been appointed as
an Independent Non-Executive Director with immediate effect.

Paul is an international energy executive with over 30 years of industry
experience having worked for Shell Oil Company and several large independents
including Hunt Oil Company, Pioneer Natural Resources and as CEO of AIM listed
explorer Chariot Limited (previously Chariot Oil and Gas Limited) (AIM: CHAR)
(2009-2012) and CEO of Sea Dragon Energy (2013-2015) which in October of 2015
became SDX Energy plc (AIM: SDX) (2015-2019) following the merger with Madison
PetroGas. He was subsequently appointed CEO of Cosimo Holdings Ltd in 2019, a
private oil and gas company.  He is currently Chairman and Executive Director
of ACP Energy, a company formed to make acquisitions in the energy sector and
recently admitted to the Main Market in London.

 

Paul graduated from the Colorado School of Mines with both a Bachelor and
Master's degrees in Petroleum Engineering. He also holds an MBA in Finance
from the Southern Methodist University (SMU) in Dallas, Texas.

 

Dr Stephen Staley, Nostra Terra's Chairman, said:

 

"On behalf of everyone at Nostra Terra, I am delighted to welcome Paul onto
the Board. He brings a wealth of experience gained over his impressive career
in the industry, including in a number of senior leadership roles.  I have no
doubt that his technical, financial and capital market experience will ensure
he will quickly make a meaningful contribution as we continue to deliver value
from our assets."

Additional Information:

The information detailed below is disclosed in accordance with Rule 17 and
paragraph (g) of Schedule Two of the AIM Rules. Except for the information
disclosed below, there is no other information which is required to be
disclosed under these rules.

Paul Michael Welch, age 59, has the following additional current and former
directorships:

Current Directorships:

Cosimo Holdings Limited

ACP Energy PLC

 

Former Directorships in Previous Five Years:

SDX Energy Investments (UK) Limited

Sea Dragon Energy Holdings B.V.

Sea Dragon Energy (NW GEMSA) B.V.

Sea Dragon Energy (Nile) B.V.

Sea Dragon Energy (GOS) B.V.

SDX Morocco (Jersey) Limited

Sea Dragon Cooperative U.A.

SDX Energy Egypt (Jersey) Limited

SDX Energy PLC

SDX Energy Holdings (UK) Limited

SDX Morocco (UK) Limited

Sea Dragon Energy (UK) Limited

SDX Energy Egypt (Nile Delta)

SDX Energy Inc

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic
Law by virtue of the European Union (javascript:void(0);)  (Withdrawal) Act
2018. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

For further information, contact:

 

Nostra Terra Oil and Gas Company plc
             Tel: +1 480 993 8933

Matt Lofgran, CEO

 

 

Beaumont Cornish
Limited
Tel: +44 (0) 20 7628 3396

(Nominated Adviser)

James Biddle/ Roland Cornish

 

Novum Securities Limited (Broker)
                  Tel: +44 (0) 207 399 9425

Jon Belliss

 

Lionsgate Communications (Public Relations)
       Tel: +44 (0) 7791 89250

Jonathan Charles

 

 

 

 

 

 

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