Andalas unveils board changes
Thursday, February 4 2016 - 01:27 AM WIB
LSE-listed Andalas Energy and Power Plc (ADL) announced Wednesday that Paul Warwick, an existing non-Executive Director of ADL, has been appointed Chairman of the Board.
The company said in a statement that Warwick?s extensive industry experience, both globally and specifically in Indonesia, makes him ideally placed to help drive the strategic vision of the board and in the process builds a significant company focused on oil and gas production and gas to power projects in Sumatra.
In addition, the company also announced the appointment of Dan Jorgensen to the Board as Finance Director with immediate effect. Jorgensen, a chartered accountant, brings a wealth of experience with him to his new position, including nearly 15 years? working with international companies, with a particular focus on the resources sector, the company explained.
Prior to his appointment, Jorgensen was Finance Director of Northcote Energy Limited. During his tenure, he played an instrumental role in both the Admission of Northcote?s shares to the London Stock Exchange?s AIM market as well as its subsequent corporate transactions, which culminated in the acquisition of NAP USA, Inc., which doubled Northcote?s interest in its flagship Shoats Creek Field in Louisiana. In addition to Northcote, Jorgensen has experience from senior management positions with a number of AIM-listed international resource companies. Between 2004 and 2011, he worked for BDO LLP in their Natural Resources team advising a large number of international AIM Companies. He is a chartered accountant and holds a BSC in Economics from Reading University.
Editing by Reiner Simanjuntak