Max Petroleum Names New Non-Executive Director
Max Petroleum reports that Maksut Narikbayev (aged 66) has been appointed as a Non-Executive Director of Max Petroleum effective as of October 10, 2006. Mr. Narikbayev served as Chairman of the Highest Judicial Board of Kazakhstan from 2003 to 2006, Chairman of the Supreme Court of Kazakhstan from 1996 to 2000, and as Prosecutor General of Kazakhstan from 1995 to 1996. Mr. Narikbayev is a qualified lawyer and has authored a wide range of books covering economic issues of the Supreme Court of Kazakhstan, criminal law, and the protection of civil rights.
Dauren Myrzagaliyev has resigned from the Board as a Non-Executive Director in order to serve as an employee of the Company advising on regulatory matters.
There are no other requirements of AIM Rule Schedule 2(g) that fall to be disclosed.
Jim Jeffs, Executive Chairman of Max Petroleum, commented:
"We are delighted to welcome Maksut Narikbayev to the Board of Max Petroleum. We are moving into an important stage in the Company's development. Mr Narikbayev's extensive knowledge, guidance and understanding of the legal, judicial and political processes in Kazakhstan will prove immensely valuable to the Company."
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- Max Raises Development Funds from Kazakhstan's Assaubayev Family (Aug 04)
- Max Petroleum Says Reviewing Strategic Options (Jul 22)