Directorate Change
01 Mai 2009 - 5:11PM
UK Regulatory
TIDMSOGP
RNS Number : 6245R
Sovereign Oilfield Group plc
01 May 2009
+---------------------------------------+---------------------------------------+
| FOR IMMEDIATE RELEASE | 1 May 2009 |
+---------------------------------------+---------------------------------------+
SOVEREIGN OILFIELD GROUP Plc
("Sovereign" or "the Company" or "the Group")
Directorate Changes
Sovereign Oilfield Group Plc (AIM: SOGP) is pleased to announce the appointment
of Mr. Chris McGeehan, as Group Chief Operating Officer, with immediate effect.
Mr. McGeehan, aged 47, joined Sovereign in 2005 on the acquisition of Caledonian
Petroleum Services Limited ("CPS") which he joined in 1993. Prior to joining
CPS, Chris worked in a variety of roles in the fabrication industry. Since 2007
he has been Chief Operating Officer of Sovereign Fabrication Services, the
Group's Holding company for its seven fabrication businesses, where he was
charged with optimising these businesses performance and systems, developing
synergies between the businesses to reduce overall cost and so they can combine
to service larger contracts, and developing the business in the Middle East.
In addition, the Company announces today that Mr. Graham Burgess has been
appointed as Executive Chairman with immediate effect.
Mr. Geoffrey Stuart Pearson, who has been Acting Chairman, will continue as a
Non Executive Director.
Commenting on the appointment of Mr. McGeehan, Graham Burgess said, "We are
delighted to welcome Mr. McGeehan to the Board and are confident that he will
continue to make a growing contribution to the development of the Company."
The Companies in which Mr. McGeehan has been a director of in the past five
years are as follows:
Current Directorships:
Sovereign Fabrication Services Limited
Caledonian Petroleum Services Limited
O.I.L. Engineering Limited
O.I.L. Engineering Middle East LLC
RDT Precision Engineers Limited
Forfab Limited
Labtech Services Limited
Labtech Holding Company Limited
Vertec Engineering Limited
Cooltime Engineering Services Limited
Cairngorm Holdings Limited
Findgolden Limited
Sovereign Dimensional Survey Limited
Save as disclosed above, there are no further details required to be disclosed
pursuant to schedule 2(g) of the AIM rules.
Further information:
+-----------------------------------------------+------------------------------+
| Sovereign Oilfield Group Plc | Tel: 01224 261900 |
| Graham Burgess, Executive Chairman | |
| Julie Cowie, Finance Director | |
| | |
+-----------------------------------------------+------------------------------+
| Charles Stanley Securities - Nominated | Tel: 0207 149 6000 |
| Advisor | |
| Mark Taylor | |
| | |
+-----------------------------------------------+------------------------------+
| Buchanan Communications | Tel: 0207 466 5000 |
| Tim Thompson / Catherine Breen | |
| | |
+-----------------------------------------------+------------------------------+
About Sovereign Oilfield Group Plc
Sovereign, which joined AIM in September 2005, was formed in October 2003, by Dr
Peter Felter and Mr Graham Burgess, for the specific purpose of developing an
oilfield service company focused on:
* The provision of engineering, fabrication and drilling services and personnel to
oil and gas companies and contractors in the UK and internationally
* The promotion of new 'high tech' IP and technologies for enhancing oil and gas
drilling and production.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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