14 Feb 2018
Directorate ChangeIndependent Oil and Gas plc ("IOG" or the "Company") (AIM: IOG.L), the development and production focused Oil and Gas Company, announces the following Board changes effective 14 February 2018.
Andrew Hay is stepping down from the Board of Directors with immediate effect. The Company is well advanced in seeking a new independent Non-Executive Director to join the Board.
Mark Routh, Interim Chairman and CEO of IOG, commented:
On behalf of IOG I thank Andrew for his service since joining us in July 2016 and I wish him well in his future endeavours. We look forward to announcing very shortly the appointment of a new independent Non-Executive Director.
About Independent Oil and Gas:
IOG is an oil and gas company with established assets in the UK North Sea. The company's strategy is to deliver near term development and production assets in North West Europe, through its extensive technical and commercial expertise, whilst maintaining some exposure to exploration upside. The company is looking to grow both organically and through acquisition.
All of IOGâ€™s licences are owned 100% and operated by IOG.