Petroceltic has made two new appointments to its board.
The independent oil and gas exploration, which is focused primarily on the Middle East, North Africa, Mediterranean and Black Sea regions, appointed Don Wolcott and Joe March as non-executive directors.
Mr Wolcott joined the board from Ruspetro where he was chief executive from 2011 to 2013. The 53-year-old previously held positions at Yulos Oil, Schlumberger Oil Field Services and ARCO Alaska.
Mr March was a non-executive director of Ruspetro plc from 2011 to 2013 and served as first vice president responsible for exploration and production at Yukos E&P from 1999 until 2006. Prior to Yukos, Mr Mach worked for Schlumberger from 1976 until 1999.
Robert Adair, chairman of Petroceltic, said: “We welcome Don Wolcott and Joe Mach to the Board of Petroceltic and look forward to working with them over the coming years. On behalf of the board and the company as a whole, I would like to convey our thanks for the outstanding contribution, counsel and support provided by Hugh McCutcheon and Rob Arnott since their appointments and we wish them well in their future endeavours.”
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