LONDON, Aug. 27 TullowOil-Appts-CFO
LONDON, Aug. 27 /PRNewswire/ -- Tullow Oil plc (Tullow) announces the
appointment of Ian Springett (50) to the Board of Tullow as Chief Financial
Officer (CFO) with effect from Monday 1 September 2008.
Ian joins Tullow with a wealth of international oil and gas experience
having worked with BP plc for 23 years. A Chartered Accountant, most recently
he has worked as the Group Vice President for Planning, reporting to the Group
CEO and Executive Team. Ian has held a number of other senior positions within
BP including Upstream CFO, Commercial Director of BP's supply and trading
business and Vice President for Finance in the USA, where he led the Group
Treasury function and was simultaneously BP's CFO in the Americas.
Ian replaces Tom Hickey, who gave notice of his resignation on 28 April
2008. While Tom's resignation from the Board will take effect on 1 September
2008, he will remain with Tullow until the end of September ensuring an
effective transition of his responsibilities.
There are no matters requiring disclosure in respect of Ian Springett's
appointment under paragraph LR 9.6.13 of the Listing Rules of the UK Listing
Authority or Rule 6.6.13 of the Irish Stock Exchange Listing Rules.
Commenting today, Pat Plunkett, Chairman of Tullow said:
"I am delighted to welcome Ian to Tullow. He is an experienced CFO with
outstanding financial and commercial skills and we look forward to working
with him to continue to develop and grow the business.
"I, and my Board colleagues, would also like to personally thank Tom for
his exceptional contribution to Tullow over the last eight years and to wish
him well in the future."
Contact: Aidan Heavey
Chris Perry
Tullow Oil plc
+ 44-20-8996-1000
- or -
Brian J. Rafferty
Taylor Rafferty
212-889-4350
SOURCE Tullow Oil plc
