Bahamas Petroleum, the oil and gas exploration company with offshore license permits in The Commonwealth of The Bahamas, announces that Adrian Collins has been appointed to the Board as Non-Executive Chairman with immediate effect.
Adrian (aged 57) is currently Executive Chairman of Liontrust Asset Management PLC, a position he assumed in 2010, having first joined the Board in June 2009 as a Non-Executive Director. He is also a Non-Executive Director of City Natural Resources High Yield Trust Plc and New City High Yield Fund Ltd. A comprehensive list of directorships may be found below.
Alan Burns, President, said:
“The Board feels much has been accomplished in establishing and funding the Company and by defining the initial work programs that have significantly reduced many aspects of risk associated with the exploration of a new hydrocarbon province. It is with great anticipation that we see the Company positioning itself for future growth in capacity and capability and the expansion in compliance and assurance this activity demands. The Board believes that Adrian’s experience and skills complement well those of the new CEO, Simon Potter, and that together they will create a strong foundation of mutual support and challenge from which, it is confident, future success will be derived.”
Adrian Collins, Non- Executive Chairman, said:
“I am delighted to be joining Bahamas Petroleum at such an exciting time in the Company’s development. I look forward to working with the new Chief Executive Simon Potter, the Board and management as the Company continues to mature it’s plans to further evaluate the huge potential of its licence portfolio through drilling.”
[mappress] Source: Bahamas Petroleum, October 03 , 2011