Rialto Appoints Mr. Chaim as a Non-Executive Director

Source: www.gulfoilandgas.com 4/5/2012, Location: Not categorized

Rialto announces that Mr. Chaim Lebovits is standing down as a Non-Executive Director with effect from 5 April 2012. Chaim Lebovits is the founder of C&L Natural Resources Limited (C&L) and was pivotal in advancing its activities prior to the sale of C&L to Rialto. C&L is the Operator and 85% holder of Rialto’s key asset, Block CI-202 offshore Cote d’Ivoire, where the Company has commenced a three well drilling programme in March 2012. Mr. Lebovits was a key member of the team that has developed Rialto into the exciting oil and gas exploration and production company it is today.

Commenting on announcement, Bruce Burrows, Non-Executive Chairman, said: “I would like to express my sincere thanks to Chaim Lebovits for his significant contribution to both C&L and Rialto. Chaim has been a valued source of advice to the Company and he has been instrumental in helping Rialto reach this exciting phase of growth. On behalf of the Board we wish him well for the future."


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Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 


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