Premier Oil today confirmed the exit of three of its board members.
Neil Hawkings, director, Falkland Islands & SE Asia, has decided to step down from the board with effect from June 30. He is expected to continue to work with the firm on a consultancy basis.
David Bamford and Michel Romieu, both independent non-executive directors, will also stand down from the board after its general meeting on May 11.
Chairman Mike Welton said: “It is incumbent on us, in the current commodity price environment, to consider the appropriate size of board membership. I would like to thank David Bamford and Michel Romieu for their significant contribution to the board and the company during their service period as board members and to wish each of them well for the future.
“I would particularly like to thank Neil Hawkings, who has been an executive board member for over 10 years. I am delighted that Neil will continue to play a key role going forward in the business units and projects where his expertise is most valuable.”
The confirmation comes a day after the operator achieved first oil from its Solan field. Read more here.
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