Rialto Energy Appoints CFO

Rialto Energy announces that Andrew Rose, currently Interim Chief Financial Officer, has been appointed Chief Financial Officer of Rialto Energy.

Andrew’s appointment will be effective 1 December 2013, and is subject to passing of the resolutions concerning adoption of the new Performance Rights Share Plans (Resolutions 6 & 7) and the issue of Performance Rights to Directors of the Company (Resolutions 8 to 12), as set out in the notice of Annual General Meeting and accompanying Explanatory Statement, being passed at the Annual General Meeting of the Company to be held in Perth on 22 November 2013.

Rose has extensive experience in the Oil & Gas industry having been CFO of both private and public E&P companies and prior to that enjoyed a successful career in Investment Banking.

Andrew was previously CFO of AIM listed, MENA focussed, Gulfsands Petroleum. Prior to his role at Gulfsands, which he held for four years, Andrew was CFO of LSE listed Burren Energy from 2001 until 2008. During his time at Burren, Andrew was instrumental in the flotation (in 2003, at an implied valuation of around £175 million), the significant growth (which included the acquisition of assets in West Africa), through to Burren’s eventual acquisition by Eni for £1.73 billion in 2008.

Prior to joining Burren Energy, Rose spent over 20 years as an investment banker in London including being Co-Head of Corporate Finance for Emerging Europe, Middle East & Africa at Société Générale, as well as roles with ING Barings and JP Morgan. Rose graduated from Cambridge University with a Bachelor of Engineering.

Andrew Benedict Rose (aged 56), in the previous 5 years has been a director of Gulfsands Petroleum plc. Rose is beneficially interested in 6,415,977 ordinary shares in the Company. Rose’s compensation package as approved by the Board will be 16,252,947 rights vesting in a manner consistent with the Performance Rights Plan put forth to the AGM on 22 November, 2013.

Press Release, November 19, 2013

 

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply