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Who is in and who is out?
Africa Oil Corp. has announced changes to its management team. Nick Walker, currently Chief Operating Officer, will be leaving the Company to join another Lundin Group Company, Lundin Petroleum AB.
Mr Walker’s role in Lundin Petroleum will be the subject of a separate announcement by Lundin Petroleum.
Tim Thomas who joined the Company earlier this year as VP Development, is, with immediate effect, appointed as Chief Operating Officer based in Calgary. Mr Thomas has more than 35 years of industry experience and was most recently President and CEO of ArPetrol Ltd. and prior to that spent 18 years with Nexen Inc.
While at Nexen, Mr Thomas’ roles included Senior Vice President Canadian Oil and Gas, Vice President Yemen and International Business Development as well as country manager positions in Yemen and the UK. Mr Thomas started his career as a drilling engineer with Texaco North Sea and also spent a period of time with Gulf Canada Resources Limited. Mr Thomas is a graduate of Imperial College, London where he obtained a Bachelor of Science Degree in Petroleum Engineering.
Keith Hill, President and CEO of Africa Oil, commented, “I would like to thank Nick for his significant contribution to the Company over the past few years as we have matured the resource base for our world-class discoveries in the South Lokichar Basin in Kenya and wish him success in his new role with Lundin Petroleum. We are very pleased to have been able to attract a person of Tim’s calibre to our organization and his skill set will be of great benefit to the Company as we progress our Kenyan discoveries towards development.”
Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and Ethiopia as well as Puntland (Somalia) through its equity interest in Horn Petroleum Corporation. The Company is listed on the Toronto Stock Exchange and on Nasdaq Stockholm under the symbol “AOI”.
