African Petroleum Appoints New CEO

African Petroleum announced Wednesday that it has appointed Jens Pace as its new CEO, following Stuart Lake’s decision to step down with immediate effect as the company’s CEO and executive director due to health reasons.

Pace is currently serving as African Petroleum’s chief operating officer. He joined the company in 2012 and has previously held exploration leadership roles in Africa and other regions for BP. As part of his new role as CEO, it is anticipated that Pace will be joining the board of African Petroleum in due course.

Charles Matthews, chairman of African Petroleum, commented in a company statement:

“It is with regret that Stuart is leaving us and we wish him a speedy and full recovery. He has been a great leader for African Petroleum and has enabled the company to take great strides forwards. Fortunately, African Petroleum has the strength and depth within the existing management to be able to make the required changes internally. Jens and the rest of the experienced management team have been working very closely with Stuart during our ongoing partner negotiations and we remain confident in our ability to successfully conclude transactions in the near future.”



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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  First Workers Complete New Industry Tr... (Mar 29)
 -  Mexico, UK Strengthen Ties with 5-Day ... (Mar 29)
 -  Sparrows Group Teams in Australia to D... (Mar 28)
 -  INPEX to Reorganize Natural Gas Busine... (Mar 28)
 -  Scottish Offshore Service Provider Pra... (Mar 28)


Most Popular Articles

From the Career Center
Jobs that may interest you
Field Project Assistant
Expertise: Project Management
Location: Midland, TX
 
United States Houston: HR Operations Partner
Expertise: Business Development|HR - General
Location: Houston, TX
 
Senior Operations Work Coordinator Job
Expertise: Business Development|Construction Superintendent|Operations Management
Location: Arvada, CO
 
search for more jobs

Brent Crude Oil : $52.42/BBL 2.12%
Light Crude Oil : $49.51/BBL 2.35%
Natural Gas : $3.17/MMBtu 2.25%
Updated in last 24 hours