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 NCT Company articles
View full NCT profile

Northcote Energy Ltd Timeline

Related Articles

shutterstock_340523357.jpg
April 28 2016
“Falcon's shareholders can look forward to another exciting year of exploration activity which has the potential to transform the value of your company,” chief executive Philip O’Quigley said.
oilAmerica.jpg
November 12 2015
Rose, on an enterprise value (market cap, minus cash) of just £1.2mln, must be one of the more ludicrous examples of psychology driving the sector.
oil_platform_1_56fbbfac1a66e.png
March 30 2016
Only a select group of explorers have active drill programmes, but, those with high impact potential at little or no cost are even rarer still.
Copyright © Proactiveinvestors.com, 2016. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC