Kinetiko Terminates Employment of Managing Director

Source: www.gulfoilandgas.com 1/23/2014, Location: Africa

Kinetiko Energy Ltd is an early mover, onshore gas explorer in the Southern African energy markets and is pleased to update the market as follows:

Kinetiko advices that the board of directors has terminated the appointment of Mr Andrew Lambert as managing director of the company.

The board wishes to thank Mr Lambert for the role he has played in the first 30 months of the company's development since IPO and will now actively look to fill the position in light of the Company’s expanding portfolio of assets and present opportunities in both South Africa and Botswana. In accordance with Mr Lambert’s employment contract he has been given 6 month’s notice and he will continue to work with the company to facilitate an orderly transition.

As a consequence of the termination of the managing director both existing directors Mr James Searle and Mr Geoff Michael will act as joint interim managing directors until a new managing director is engaged.

For more information about related Opportunities and Key Players visit Sub-Saharan Africa Projects


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Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 


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