Angus Energy appoints Paddy Clanwilliam to its Board of Directors as Non-Executive Chairman

– UK, London –  Angus Energy plc (LON:ANGS), a leading UK conventional oil and gas production and development company is pleased to announce the following appointments effective immediately:

About Patrick Clanwilliam, Non-Executive Chairman

Paddy’s previous responsibilities include the Chair of Eurasia Drilling Company Limited (EDCL.LI) the largest drilling and work-over company in Eurasia. He is also a former non-executive director of SOMA Oil & Gas, a private exploration play in deepwater offshore Somalia and OJSC Polyus Gold (OPYGY) the largest Russian gold mining company by market share. Paddy has over thirty years of experience in corporate communications and resource extraction in the MENA and FSU regions. He is presently non-executive director of FTSE100 listed NMC Healthcare PLC (NMC.L).

About Carlos Fernandes, Finance Director

Carlos has been part of the Angus team since 2013 and has seen the company’s transition from private to public. Prior to his appointment as Finance Director he was the Chief Financial Officer of the group. He has over 11 years commercial experience working in the Mining and Oil & Gas industry. He has held accounting and finance roles at both corporate and project level and also covering corporate governance and compliance. He has been involved in the identification and successful application of exploration targets, mergers and acquisitions and running development and production programs.

About Andrew Hollis, Technical Director

Andrew has over 40 years’ experience in all technical aspects of oil and gas, exploration and production. After 25 years in petroleum and reservoir engineering for British Gas he became an independent consultant specialising in Russia, the FSU and Eastern Europe and also provided specialist reserves determination skills to Gaffney Cline and Associates. As General Manager of various Russian joint ventures he has had experience of running small oil companies. He brings a wide range of experience including geology, petroleum engineering, field operations of all types, drilling, reservoir operations and reserves determination. Andrew graduated in Geology from London University and is a Fellow of the Geological Society and member of the Society of Petroleum Engineers.

In addition, the Board announces that it has today accepted the resignation with immediate effect of Non-Executive Director, Chris de Goey.

Cameron Buchanan, outgoing acting non-executive Chairman, writes: “Having taken over the Chairmanship at short notice, I am very pleased and delighted that I am handing over the role to Paddy Clanwilliam who has had a wealth of experience over many years in the oil & gas drilling and production fields. It is also a pleasure to welcome onto the Board Carlos Fernandes who for the past 5 years has been our CFO working closely with the Board. The other new Director Andrew Hollis and of course our new Managing Director George Lucan will bring both skills and technical ability to your Board and I have no hesitation in recommending them to you. At the same time I owe great deal of thanks to our outgoing non-executive Director Chris de Goey who is leaving us to pursue a full time managerial role in the oil and gas field. His vast knowledge of the industry has guided myself and the rest of the Board through some difficult times and we shall all miss his wise counsel.”

About Angus Energy plc

Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% nterest in the Balcombe Licence and a 12.5% interest in the Holmwood licence (PEDL143).

For more information : http://www.angusenergy.co.uk

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