Board Appointment
19 Novembre 2008 - 8:01AM
UK Regulatory
RNS Number : 4207I
Sovereign Oilfield Group plc
19 November 2008
FOR IMMEDIATE RELEASE 19 November 2008
SOVEREIGN OILFIELD GROUP Plc
("Sovereign" or "the Company" or "the Group")
Board Appointment
Sovereign Oilfield Group Plc, the Aberdeen based diversified oilfield services group, announces that Robert Ellis has been appointed to
the board of Sovereign as a Director and elected as Chairman by the Board.
Robert Keith Ellis (age 57) is an experienced business leader and is currently Chairman of a number of private companies. His skill and
experience will assist the Company through its current refinancing and allow the Board to continue to develop the business.
As part of the restructuring of the Board, Dr Peter Felter continues as Deputy Chairman.
Graham Burgess, Chief Executive of Sovereign Oilfield Group plc commented:
"The Board is delighted to welcome Robert to Sovereign. His knowledge and skills will complement that of the existing Board and his
considerable financial experience, expertise and contacts will be a great asset to the Company."
Current Partnerships/Directorships: Past Partnerships/Directorships:
Alan & Dick Company Limited Audio Visual Services Corporation
Alan & Dick Company (Holdings) Limited Schlegel Automotive Europe Limited
Alan & Dick Europe (Holdings) Limited Audio Visual Services (NY) Corporation
Alan & Dick UK Limited AVSC Intellectual Property Management Inc
Anglian Home Improvements Group Limited HRI, V.I.,Inc
Anglian Home Improvements Limited Visual Action Holdings Inc
Anglian Group (Holdings) Limited Audio Visual Services Group, Inc
Automotive Sealing Systems SA
Automotive Sealing Systems Company SA
Automotive Sealing Limited
Metzeler Automotive Profile Systems SA
Spireglade Limited
Broomco (3958) Limited
Chicago Holdings Limited
Chicago Group Limited
Ellis Parker Limited
Mela Mela Limited
Twickenham Training Limited
Robert Ellis ceased to be a Director of US based Audio Visual Services Corporation ("AVSC") in December 2004. AVSC (OTC Bulletin Board)
entered into a voluntary Chapter 11 in December 2001 as part of a refinancing process to convert $288m of existing debt into 100% equity of
the company. The business emerged from Chapter 11 in February 2002.
There are no other details required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.
Further information:
Sovereign Oilfield Group Plc Tel: 01224 261900
Graham Burgess, Chief Executive Officer
Julie Cowie, Finance Director
Buchanan Communications Tel: 0207 466 5000
Tim Thompson/Catherine Breen
Charles Stanley Securities - Nominated Advisor Tel: 0207 149 6000
Mark Taylor/Freddy Crossley
About Sovereign Oilfield Group Plc
Sovereign, which joined AIM in September 2005, was formed in October 2003, by Dr Peter Felter and Mr Graham Burgess, for the specific
purpose of developing an oilfield service company focused on:
* The provision of engineering, fabrication and drilling services and personnel to oil and gas companies and contractors in the UK
and internationally
* The promotion of new 'high tech' IP and technologies for enhancing oil and gas drilling and production.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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