Eland Oil & Gas PLC Appointment of Non-Executive Director (7938P)

TIDMELA

RNS Number : 7938P

Eland Oil & Gas PLC

05 September 2017

5 September 2017

Eland Oil & Gas PLC

("Eland" or the "Company")

Appointment of Non-Executive Director

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to confirm the appointment of Brian John O'Cathain (Aged 57) as Non-Executive Director to the Board of Directors of the Company effective 1 October 2017.

Mr. O'Cathain is a geologist and petroleum engineer with over 30 years' experience in senior technical and commercial roles in upstream oil and gas E&P companies, including Shell International, Enterprise Oil and Tullow Oil plc. He has experience in working in West Africa, North Africa, onshore Europe, the North Sea, the Gulf of Mexico, South Asia and offshore Ireland. He was the Managing Director of Tullow Oil's International Business during the Energy Africa acquisition, and served as Chief Executive of Afren plc from 2005 to 2007. He was also the Chief Executive of Petroceltic International plc from 2007 to 2016. During this period Petroceltic discovered the Ain Tsila gas condensate field in Algeria, and concluded a nil-premium merger with Melrose Energy. Mr O'Cathain holds a first-class honours degree in Geology from the University of Bristol.

Russell Harvey, Chairman of the Company, stated:

"I am delighted to welcome Brian to the Eland board. He brings a wealth of industry experience which will be both invaluable and additive as the company grows."

Set out below are details of Mr O'Cathain's current directorships and those that he has held within the last five years:

 
 Current Directorships 
 Black Mountain Consulting 
  Limited 
 Abbeyville Property Limited 
 Annapurna Oil Limited 
 BOC Upstream Consultants 
  Limited 
 
 Past Directorships (last 
  5 years) 
 Melrose Mediterranean 
  Limited 
  Petroceltic plc 
 Petroceltic South Disouq 
  Limited 
 Petroceltic South Idku 
  Limited 
 Petroceltic Turkey Limited 
 Petroceltic Company of 
  Egypt 
 Petroceltic El Mansoura 
  Company 
 Petroceltic Qantara Company 
 Petroceltic S E El Mansoura 
  Company 
 Petroceltic Energy Limited 
 Petroceltic Bulgaria Inc 
 
 Petroceltic Greece Limited 
 Petroceltic Resources 
  plc 
 Petroceltic Italia S.r.l 
 Petroceltic North Thekah 
  Limited 
 Petroceltic Ain Tsila 
  Limited 
 Petroceltic Isarene-2 
  Limited 
 Petroceltic Kurdistan 
  Limited 
 Petroceltic Illizi Limited 
 Petroceltic African Holdings 
  Limited 
  Petroceltic Holdings Limited 
 Petroceltic Ksar Hadada 
  Limited 
 Petroceltic Isarene Limited 
 Petroceltic Investments 
  Limited 
 Petroceltic Reserve Limited 
 Petroceltic Erris Limited 
 Petroceltic International 
  Plc 
 Petroceltic Sahara Limited 
 R-Space Gallery Cic 
 

Petroceltic was placed into Examinership during 2016 by Worldview, its largest shareholder. Examinership is a process in Irish law whereby the protection of the High Court is obtained to allow a company to restructure. Petroceltic was restructured and delisted from AIM in June 2016.

Save as disclosed above, there are no further disclosures required to be made in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.

For further information:

Eland Oil & Gas PLC ([phone])

www.elandoilandgas.com

George Maxwell, CEO

Finlay Thomson, IR

Canaccord Genuity Limited ([phone])

Henry Fitzgerald-O'Connor / James Asensio

Panmure Gordon (UK) Limited ([phone])

Adam James / Atholl Tweedie

Tom Salvesen

Camarco ([phone])

Billy Clegg / Georgia Mann

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOADGGDCUDGBGRS

(END) Dow Jones Newswires

September 05, 2017 02:01 ET (06:01 GMT)