Europa Oil & Gas (Holdings) plc, the AIM traded UK and Ireland focused oil and gas exploration,
development, and production company, is pleased to announce the appointment of Alastair Stuart as
Chief Operating Officer and an Executive Director of the Company, effective immediately.
Mr Stuart has over 30 years of experience in operational, commercial and technical roles in the energy
and IT sectors. As a 1982 graduate of Herriot Watt’s Masters programme in Petroleum Engineering, he
began his career with Total CFP in Paris before joining Enterprise Oil in 1986, shortly after it was
established, where he focussed on projects in the North Sea and the Far East. He was later promoted to
New Ventures Manager, where he led the evaluation and progression of new ventures in South America,
Eastern Europe and the Far East. After ten years with Enterprise, he worked briefly with Hardy Oil &
Gas, before setting up his own consulting group in 1998 which developed processes and systems for
managing capital allocation across large portfolios of investments in the oil & gas, pharmaceutical and
venture capital sectors.
Mr Stuart has been a consultant at Europa since 2012 and more recently has been intimately involved
in the development of the Wressle Field. He will be relinquishing his other commitments and focusing
on ensuring that the full potential of Europa’s existing assets can be rapidly realised as well as
supporting the CEO on further building the Company.
In order to ensure that the finance function within Europa is suitably resourced, the Company has
increased its existing mandate with Clifton Financial Solutions Limited (“Clifton”). Clifton already
provides accounting services to Europa and going forward, will also provide administrative services
that would typically fall under the remit of a CFO. More information on Clifton can be found on its
website: www.cliftonfinancial.co.uk/
Will Holland, CEO of Europa, said:
“I am delighted that Alastair has agreed to join Europa in a full-time capacity. He has been consulting
for Europa since 2012 and has played an integral part in not only the development of Wressle but also
has deep knowledge of our operated assets. He brings a wealth of engineering and M&A experience in
the upstream sector that will be of crucial importance as we continue to develop our existing asset base
and concurrently grow the business. I look forward to working with him at this very exciting time for
the Company.”
