Jersey Oil and Gas has made a director swap.
The firm, which is pursuing a production led acquisition strategy in the North Sea, confirmed Frank Moxon will join the board as non-executive director.
The move comes as Elwyn Jones left his director role today.
Moxon was the former head of cooperate finance at Williams de Broë Plc until its £1.2billion sale in 2012.
He’s currently managing director of his own finance consultancy.
Jersey chairman Marcus Stanton said: “I am delighted to welcome Frank to the Board and look forward to working with him in the years ahead. Frank brings with him 25 years’ experience in corporate finance and 17 years’ experience working within the Oil & Gas sector. We look forward to benefiting from his considerable experience given the recent implementation of our new strategy and focus on M&A opportunities.
“I would like to thank Elwyn for his contribution to the board and company, and wish him well in his future projects.”