Predator Oil & Gas appoints new Non-Executive Director
has today announced the appointment of Mr. Louis Castro as Non-executive Director of the company with immediate effect.
Castro has had thirty years in the industry and was most recently Chief Finance Officer at Eland Oil and Gas, a shallow water offshore Nigeria oil producer acquired by Seplat Petroleum Development Company plc for £382million in cash in December 2019.
Castro has worked in corporate finance and the capital markets in diverse geographic areas from the UK to the Far east, South America and Africa, this morning’s statement detailed.
Castro is also a Fellow of the Institute of Chartered Accountants and formerly a London Stock Exchange Nominated Advisor, including FCA registrations.
Shares in Predator Oil & Gas Holdings closed at 3.6p on Monday afternoon.
PRD price chart"Today's appointment is significant as it demonstrates Predator's ability to attract high calibre experienced and well-connected Board members necessary to oversee the further development of the Company's businesses,” said Paul Griffiths, Chief Executive of Predator.
“These are in three diverse geographic areas but linked by a global aspiration to reduce CO2 emissions in countries with a high dependence on certain, more carbon-intensive, fossil fuels.
Louis's appointment today is the catalyst for utilising an additional valuable conduit for the Company to spread the Predator business model to peer companies and green funds looking for the right investment opportunity POST-covid19 that combines ethical investment with attractive project economics,” added Griffiths.
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