– UK – Egdon Resources plc (AIM:EDR) is delighted to announce the appointment of Neil O’Brien as a Non-Executive Director of the Company with immediate effect. Neil is Chief Executive Officer of Alkane Energy plc which holds 40,000,000 ordinary shares of Egdon, representing approximately 18 per cent. of Egdon’s issued share capital.
Neil is a qualified Chartered Accountant with over 20 years’ management experience within the UK and Europe. After qualifying at Coopers Lybrand, Neil joined Blue Circle Industries PLC where he held a number of senior financial roles including a period as Finance Director of Blue Circle’s French based Heating Products operations. More recently Neil was Finance Director at Speedy Hire PLC the UK’s largest rental company and a FTSE250 member. During Neil’s ten years at Speedy Hire the group was transformed from a generalist building group to focus on the Speedy brand which grew revenues to over £450m in 2008. Neil joined Alkane Energy plc as Chief Executive Officer in November 2008.
Philip Stephens Chairman of Egdon, commented: “On behalf of the Board, I am delighted to welcome Neil O’Brien as a Non-Executive Director of Egdon. Neil brings a wealth of valuable experience to the Company, particularly in the UK energy sector. We all look forward to working with him as we continue to grow the business”.
About Egdon Resources plc
Egdon Resources plc (LSE:EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and France.
Egdon holds interests in thirty seven licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets. Egdon is an approved operator in both the UK and France.
Egdon was formed in 1997 and listed on AIM in December 2004.
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