FAR Limited Announces Executive Change

Source: www.gulfoilandgas.com 3/24/2022, Location: Africa

FAR Limited an independent, Africa focused, oil and gas exploration company, advises that Catherine Norman has been given notice of termination from her role as Managing Director, effective immediately and has resigned as a director of the Company.

Independent Chairman Patrick O’Connor will oversee the business during a period of transition.

With more than three decades’ Board and senior management experience across multiple industries including mining and oil & gas exploration, Mr O’Connor will manage the corporate activities of the Company to support FAR as it continues to progress its strategy to unlock shareholder value. Ms Norman will also be available during her 12-month notice period to assist with any transitional matters as required, in accordance with her employment contract.

Commenting on the executive change, Mr O’Connor said: “The time has now come for a fresh perspective to ensure the Company explores every opportunity to realise value for shareholders. On behalf of the Board I’d like to thank Catherine for her significant contribution to the company. The Board will update shareholders shortly on its strategy that seeks to reflect the underlying asset value in the FAR share price.”


Germany >>  2/3/2023 - Ralph Schweens (58), President global Operating Division Care Chemicals will retire effective March 31, 2023. He will be succeeded by Dr. Mary Kurian ...
United Kingdom >>  2/3/2023 - Ancala Midstream Acquisitions Limited (AMAL), the independent operator of midstream infrastructure, has announced the appointment of Alexis Fletcher a...

United Kingdom >>  2/3/2023 - Dr Mina Golshan CBE will join the Nuclear Waste Services (NWS) Board as non-executive director (NED) and Chair of the Environmental, Safety and Securi...
United Kingdom >>  2/3/2023 - The Board of Greencoat UK Wind announces that Mr Nick Winser C.B.E. FREng., who has served as a Non-Executive Director since January 2022, will be app...

United States >>  2/3/2023 - Kirby Corporation announced the appointment of Rocky B. Dewbre as a new independent member of the Company’s Board, effective immediately, pursuant to ...
Brazil >>  2/2/2023 - Petrobras informs that its CEO Jean Paul Terra Prates has indicated 5 new members for the composition of the Executive Board:

Trading and L...





Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.