Sign up USA
Proactive Investors - Run By Investors For Investors

Northcote Energy finance director steps down amid Dallas relocation

“We have built a strong finance team in Dallas so that reporting and accounting functions are close to operations,” said chief executive Randall Connally.
Northcote Energy finance director steps down amid Dallas relocation
New appointments will seek to increase Northcote's US and oil industry presence, Connally added

Northcote Energy (LON:NCT) has told investors that finance director Daniel Jorgensen has now stepped down, as part of a planned restructuring.

The company said that it is recruiting a qualified, US based financial controller. And it will base its finance team in the US as well.

Jorgensen will continue to work with Northcote to effect an orderly transition whilst the company considers new appointments, it added.

“We have built a strong finance team in Dallas so that reporting and accounting functions are close to operations,” said chief executive Randall Connally.

“We will be announcing additions to our board of directors in due course with an emphasis on increasing both US and oil industry presence.”

Jamie_55a91591db06b.jpg


Register here to be notified of future MYN Company articles
View full MYN profile

Mayan Energy Timeline

Related Articles

rsz_shutterstock_137977721.jpg
February 15 2016
Tackling the country’s chronic shortage of power is a major plank of the Indian government’s industrial strategy
oil worker turning wheel
May 23 2016
A string of positive announcements, since mid-April, have seen the share rise around 500% and in the coming weeks promise possibilities for further share price catalysts.
88 Energy emboldened as Icewine continues to impress
April 22 2016
APRIL 22: 88 Energy unveiled a larger than anticipated equity funding, after it saw high levels of demand from ‘high calibre’ investors.
Copyright © Proactiveinvestors.com, 2016. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC