London, United Kingdom - August 28, 2014, London, United Kingdom - Leni Gas & Oil, an energy company, announced a number of changes to the board of the company.
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Stephen Thomas Horton has been appointed as the Non-Executive Chairman of the Company.
Mr. Horton has been a Non-Executive Director of the Company since February 2011 and replaces David Lenigas who has been the Company Chairman since its incorporation in August 2006. Mr. Horton has more than 35 years’ experience working in the energy industry around the world, including 27 years with BP plc where he held several executive roles including worldwide Director of Drilling.
He co-founded Silverstone Energy Limited in 2005, a North Sea focused exploration and production company, which grew from start-up through operated exploration and development to production within four years. Mr. Horton also served on the boards of Valiant Petroleum plc and Seamwell International Limited, and provided consulting services to other oil and service companies, during the period. He is the Chairman of the Audit committee and is a member of the Remuneration committee.
Mr. Horton holds a Bachelor of Science degree in Mining Engineering and a Master of Science in Business Administration.
John Alexander Patrick has been appointed to the Board of the Company as Non-Executive Director with immediate effect.
Mr. Patrick has extensive experience in the international oil and gas industry. His background is in law, and he currently serves as a Non-Executive Director on the boards of Wessex Exploration Plc and Madagascar Oil Limited. His career has included legal, commercial, and leadership roles in several independent oil companies including Monument Oil and Gas PLC and Gulf Keystone Petroleum (UK) Limited. Mr Patrick will chair the LGO Audit Committee.
Michael Stephen Douglas has also been appointed to the Board of the Company as Non-Executive Director.
Mr. Douglas is Chief Executive and co-founder of The Quo Group Limited, an international business consultancy. Quo was founded in 1993 after Mr. Douglas left PA Consulting Group's People Practice, where he had been managing partner. He now works extensively with board and senior teams in major UK and international companies, and in government organisations, in strategy development, stakeholder engagement and leadership development. Mr. Douglas will chair the LGO Remuneration Committee.
David Lenigas has retired from the Board of the Company and its committees now that the Company's development drilling program at Goudron is showing excellent results, and LGO is now becoming a mainstream oil producer.
Mr. Lenigas has been Executive Chairman of the Board since the formation of the Company in August 2006. Mr. Lenigas will continue to advise the Board for a minimum period of twelve months through a consultancy agreement that ensures the Company continues to benefit from his wide experience and knowledge of the London capital markets. ■