Venture Production has announced a number of organizational changes which will take effect upon completion of the process of delisting, which is expected to become effective on October 2, 2009.
Mike Wagstaff (Chief Executive), Peter Turner (Finance Director) and Rod Begbie (Corporate Development Director) have decided to leave the organization following delisting. Simon Waite (Company Secretary) will also leave the Company at the end of October 2009.
Jonathan Roger (Chief Operating Officer) will stay to run Venture's day to day business operations in Aberdeen and Hoofddorp in the Netherlands, reporting to Mark Hanafin (Executive Director, Venture plc and Managing Director, Centrica Energy, Centrica plc).
Commenting on the news, Mark Hanafin said, "I'd like to pay tribute to Mike's leadership of Venture and his success in developing the business
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