Desire announced that Graeme Thomson, FCA, will join the Board as an Independent Non-Executive Director and Chairman of the Audit Committee with effect from today.
Graeme has over 30 years public company experience and has held a number of senior positions in the oil and gas industry. He was Finance Director & Company Secretary for seven years at Dragon Oil plc and its predecessor companies. He was also a co-founder of Sterling Energy plc and spent nine years as its Finance Director, Company Secretary and was its Chief Executive Officer for his last two years with the Company until he left in December 2009. Since then, Graeme has been advising a number of oil and gas companies on their corporate finance, accounting, commercial and strategic affairs.
Commenting on the appointment, Chairman of Desire Petroleum, Stephen Phipps, said, "I am delighted to welcome Graeme to our Board and we look forward to working alongside him. He has significant experience of both the oil and gas industry and the capital markets and will further strengthen our Board which now contains an impressive combination of different industry disciplines."
In accordance with the AIM Rules, the following information required to be disclosed is set out below. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.
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