Premier Oil Appoints New CEO

UK independent Premier Oil announced Wednesday that it has appointed Tony Durrant as its new chief executive officer. Durrant previously served as the company's finance director from 2006; before then, he worked at investment bank Lehman Brothers.

Durrant replaces Simon Lockett, who announced his retirement as Premier CEO in February.

Premier Chairman Mike Welton commented in a company statement:

"The process to appoint Simon Lockett's successor has been rigorous and comprehensive, including both internal and external candidates. The board is unanimous that Tony has the right skills and experience to take Premier forward.
 
"I would also like to express thanks to Simon, on behalf of the board, shareholders and staff for his enormous commitment and contribution to Premier over the past nine years. The board wishes Simon well as he moves on to new ventures and thanks him for helping to ensure a smooth transition for the business."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  CNOOC Commences Production from Enping... (Jan 18)
 -  Statoil Granted Drilling Permit for We... (Jan 18)
 -  Gazprom Chairman, Moldova President Di... (Jan 18)
 -  Eni: Oil, Gas Discovery in Norwegian S... (Jan 17)
 -  Tullow Finds Oil in Kenyan Erut-1 Well (Jan 17)


Most Popular Articles

From the Career Center
Jobs that may interest you
Sr. Electronics Engineer
Expertise: Electrical Engineering|Engineering Manager
Location: Houston, TX
 
Site Project Administrator
Expertise: Project Management|Secretarial or Administrative
Location: Charlevoix, MI
 
Project Administrative Assistant
Expertise: Project Management|Secretarial or Administrative
Location: St. Louis, MO
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours