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 View Profile

Mayan Energy Timeline

Related Articles

onshore drilling operation
September 23 2016
DT Ultravert is on test with the oil field services giant Schlmberger and potentially solves the problem of ‘bashing’.
genex-power_Simon-Kidston-757.jpg
November 23 2016
Simon Kidston presented at Mines and Money Melbourne.
Tendrara, onshore Morocco well
July 03 2017
Badile had for a long time been seen as the primary value catalyst for Sound, but that was before the AIM-quoted explorer succeeded with the Tendrara asset.
Copyright © Proactiveinvestors.com, 2017. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use