Anglo African appoints new CEO as boardroom shake-up comes to an end

London-based independent developer Anglo African Oil and Gas (AAOG) has appointed a new chief executive officer as part of a major facelift to its boardroom ahead of the TLP-103 drilling campaign at its Tilapia oil field project in the Congo.

Anglo African tapped James Berwick to play the role of its new chief executive.

Berwick most recently spent five years as commercial director of African-focused oil and gas firm Impact after a seven-year stint as director of new business at Ophir Energy.

David Sefton, executive chairman of AAOG, said, "The appointment of James Berwick, whose experience and track record in the African oil and gas sector is outstanding, represents a step change in the executive capacity of the Company to deliver on its strategy."

The AIM-listed firm continued the shake-up of its board, appointing Phil Beck, a geologist and petroleum engineer, Nick Butler, a former senior policy advisor to Prime Minister Gordon Brown, and Sarah Cope, an investment banker with directorships at Equity Capital Markets, RBC Capital Markets and Seymour Pierce under her belt, as non-executive directors.

Sefton said, "Combined with the previously announced appointment of Alain Guiraud as Drilling Manager to lead the drilling of TLP-103, we now have an excellent operational team in place ahead of the Tilapia work programme."

"We remain focused on obtaining a new licence for the Tilapia field and then moving to drill TLP-103. This is a multi-target horizon well targeting the R1 and R2 and then Mengo sandstone sequences within the Pointe Indienne formation, and finally the deeper Djeno sandstone, which is known to be a prolific producer on neighbouring fields. I look forward to providing updates on this programme in due course," he concluded.

As of 1420 GMT, shares had dropped just 0.51% to 10.82p.