Hurricane appoints Interim CEO

Source: press release, 8 June 2020

Interim Chief Executive Officer, Beverley Smith
Interim Chief Executive Officer, Beverley Smith (photo: Hurricane Energy plc)

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced that Dr Robert Trice has resigned as Chief Executive Officer and a director of Hurricane by mutual agreement with the Board. Dr Trice will remain available to assist the Company during a transition period of 6 months.

Beverley Smith has been appointed Interim Chief Executive Officer. Ms Smith had a successful 30-year career with BG Group and has been a non-executive director of the Company since December 2019. She brings a wealth of production geology and field development leadership experience in the UK and internationally, which will be invaluable as the Company continues its transition from pure exploration towards a maturing production company.

Richard Chaffe, who has been Acting Chief Financial Officer since February 2020, has been confirmed as Chief Financial Officer and an executive director of the Company. Chaffe joined the Company in 2016 as Head of Finance.

Roy Kelly, who has been the Kerogen nominated non-executive director since 2016, has stepped down from the Board and has been replaced with immediate effect by Dr Alan Parsley, a member of the Advisory Board of Kerogen Capital. Dr Parsley is a geologist with over 50 years’ experience in the oil and gas industry, primarily at Shell where he held senior positions including Global Head of Exploration, Head of New Business Ventures and E&P Planning, Chief Executive of Syria Shell and Chairman of Shell Australia.

Jason Cheng has stepped down from his Alternate Director position in relation to Kerogen’s nominated director. Leonard Tao will continue in this role, acting as alternate to Dr Parsley.

The changes to the Board have taken place with immediate effect.