North Sea explorer Jersey Oil & Gas has appointed a new chief financial officer.
Vicary Gibbs has taken up the role with immediate effect.
Scott Richardson Brown stepped down so that he could focus on his other directorships and business interests.
Mr Gibbs has over 20 years’ experience as a corporate financier advising oil and gas corporates on M&A, capital raising and restructuring transactions.
He previously worked at BMO Capital Markets Limited as a Managing Director, Investment Banking.
Since April 2017, Vicary has acted as an independent oil and gas consultant, providing advice to Jersey Oil and Gas and others.
Prior to this, he worked at Canaccord Genuity Hawkpoint Limited, Bank of America and Deutsche Bank AG. Vicary has a BA in Business Administration.
Jersey chairman Marcus Stanton said: “I am delighted to welcome Vicary to the board and look forward to working with him in the years ahead, leveraging off his considerable experience as we look to grow the business organically with our core Verbier asset as well as continuing to evaluate and pursue accretive North Sea focused acquisition opportunities.
“I would like to take this opportunity to thank Scott for his contribution to the Company’s development, as we transitioned through the restructuring of Trap Oil into Jersey Oil & Gas, followed by the successful Verbier oil discovery. I, and the entire Jersey Oil & Gas team, wish Scott all the best with his future endeavours.”
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