OilVoice - Dominion Petroleum Appoints Chief Executive Officer

Dominion Petroleum Appoints Chief Executive Officer

Saturday, November 07, 2009

Dominion Petroleum announces that Andrew Cochran has been appointed as Chief Executive Officer with immediate effect. Andrew’s role will be to work with the existing management team to continue to strengthen the Company’s financial position, following the investment by BlueGold Global Fund L.P, which was completed in September 2009.

Andrew was previously Business Development Director at Salamander Energy PLC, a FTSE-250 oil and gas company, of which he was a founder. Prior to that, he was New Ventures Manager at Endeavour International Corporation and before that Exploration Advisor at Anadarko Petroleum.

As a result of Andrew’s appointment, Justin Dibb has stepped down from the Board and his role as Interim Chief Executive with immediate effect, but will remain with the Company as a Managing Director.

Roger Cagle, Dominion’s Chairman, commented:
“We are extremely pleased to have Andrew join us at Dominion. His considerable industry experience will bring a complementary skill set to existing competencies within the Company and we look forward to having him guiding the Company through its most exciting phase of exploration and corporate repositioning."

Andrew Cochran commented:
“The coming months are set to be an interesting time for Dominion and I hope to help complete the process of simplifying the company’s capital and operational structure and strengthening its balance sheet. I am very much looking forward to working with Dominion. There is an impressive team in place, with the operational capabilities to run an active drilling programme.”

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