2 Oct 2008 07:00
Appointment of Director of Operations for Afren Côte d'Ivoire
London, 2 October 2008 - Afren plc ("Afren" or the "Company") announces that Jack M. McFarland has been appointed as Director of Operations for Afren Côte d'Ivoire. Mr McFarland will be responsible for the Company's oil and gas operational activities in Côte d'Ivoire, including optimising day-to-day production levels; controlling field capital and operational budgets; and managing the allocation of resources to meet the priorities of the business. Mr McFarland has over 30 years of technical and managerial experience, both in Côte d'Ivoire and other African locations with companies including Ocean Energy, UMC, Ensource Inc. and Amoco. His background covers a wide variety of reservoir, operations and production engineering projects. While Country Manager with Ocean Energy in Côte d'Ivoire, he was responsible for the initial discovery and early development of Block CI-11. Mr McFarland will report to Shahid Ullah, Chief Operating Officer. Shahid Ullah, Chief Operating Officer, commented:"I am delighted to welcome Jack McFarland as Director of Operations for Afren Côte d'Ivoire. His extensive experience in the region, in particular the discovery and development of Block CI-11 in Côte d'Ivoire, will be instrumental as we implement the workover programme on Block CI-11 and look to the development of Block CI-01."
Enquiries:
Afren plc +44 20 7451 9700
Osman Shahenshah Chief Executive
Galib Virani Investor Relations
Jefferies +44 20 7029 8000
Jack Pryde
Merrill Lynch +44 20 7996 1000
Andrew Osborne
Morgan Stanley +44 20 7425 8000
Jon Bathard Smith
Pelham Public Relations +44 20 7743 6676
James Henderson
Alisdair Haythornthwaite
Background information
Afren Plc
Afren plc (www.afren.com) was founded in 2004 with the vision to become the premier pan-African independent exploration and production Company, through a differentiated strategy based on a strong African representation in the Board and management, partnering with indigenous companies, partnering with National Oil Companies and Governments as well as finding a solution to the vast untapped gas reserves in the Gulf of Guinea. Since the Company's listing on the AIM market in 2005, Afren has rapidly expanded its portfolio to 16 assets across 7 African countries.