The Board of Mediterranean Oil & Gas Plc (AIM: MOG), the central Mediterranean focused producer, developer and explorer of oil and gas assets, today announced that Stephen Matthew Clarke (aged 48) has been appointed to the Board as a non-executive director, effective immediately.
Matthew Clarke has over 20 years of experience in the financial markets as a corporate lawyer and as a banker. He has considerable experience in the financing of oil and gas businesses and was instrumental in the refinancing of the Company in May this year.
He is currently also a Partner of Merlin Partners LLP, an FSA registered corporate finance firm which specialises in oil and gas financings. Mr Clarke brings to the Board considerable experience within the oil and gas industry and a broad range of skills from his legal and banking background.
Andrew Cochran, Chairman, commented: "I am pleased to welcome Matthew to the Board and feel sure that his commercial experience and expertise will be of great benefit to the Company."
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