IOG Appoints Peattie as Chairman

Independent Oil and Gas plc announced Friday the appointment of David Peattie as chairman and Andrew Hay as senior independent non-executive director, with immediate effect.

Peattie has over 35 years of industry experience and previously held the role of CEO of Fairfield Energy, an oil and gas company owned by a syndicate of North American and European private equity investors, led by Riverstone and Warburg Pincus. Peattie began his career at BP in 1979 as a petroleum engineer and during his 33 year tenure at the company held a number of technical, commercial and senior management positions including Head of BP Russia responsible for BP’s interests in TNK-BP as well as its businesses in the Russian Arctic and Sakhalin.  

“We look forward to welcoming David and Andrew to the board of Independent Oil and Gas. David brings a deep sector knowledge and strong track record to IOG and his significant oil and gas expertise will be of considerable value to the company at this important stage in our journey, and in particular with our development and M&A plans,” said Mark Routh, CEO of IOG, in a company statement.

The drilling of the appraisal well on the Skipper license, of which IOG is 100 percent owner and operator, successfully spudded on July 23 and is continuing on schedule. The company does not expect to issue any further announcements until the initial well results become available by approximately mid-August.



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
 -  Japan's NYK Completes Acquisition of 2... (Sep 30)
 -  Keppel FELS Delivers Floatel Triumph, ... (Sep 30)
 -  Falcon Updates on Drilling Ops at Amun... (Sep 30)
 -  NOPSEMA Seeks More Details on BP's Gre... (Sep 29)
 -  WFS Appoints IMEC as Agent in Malaysia... (Sep 29)


Most Popular Articles

From the Career Center
Jobs that may interest you
Refinery Technical Manager
Expertise: Process Engineer|Refinery / Plant Operations Supervisor|Technical Manager
Location: Kapolei, HI
 
Structural Dept. Craft Mgr.
Expertise: Engineering Manager|Marine Engineering|Structural Engineering
Location: Philadelphia, PA
 
Project Manager
Expertise: Project Management
Location: Pasadena, TX
 
search for more jobs

Brent Crude Oil : $49.24/BBL 1.12%
Light Crude Oil : $47.83/BBL 1.65%
Natural Gas : $2.959/MMBtu 0.23%
Updated in last 24 hours