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AIM bulletin from ShareCast

New chairman for Aurelian

Mon 15 March 2010 08:41

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Aurelian, the Eastern Europe focused oil and gas explorer and producer that attracted bid interest at the start of the year has a new chairman.

Petroleum engineer John Conlin will become chairman at the company's next annual general meeting, to be held in May. He will replace David Prior who will, however, remain on the Aurelian board as a non-executive director.

Conlin has been in the oil business for more than 34 years, spending 28 years at Shell in various senior management and operational positions.

'He has significant upstream experience and his appointment further deepens the industry and technical expertise within the company,' said Aurelian's chief executive officer, Rowen Bainbridge.

'Strengthening the board and the executive team has been a key priority since the autumn and John's appointment represents the final piece in the jigsaw in Aurelian's organisational transformation,' Bainbridge added.
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