The Board of JKX Oil & Gas has been informed by Bruce Burrows of his intention to retire as Finance Director and as a Director by the end of the year in order to take up a similar position in another company in the same sector. Mr Burrows has served as Finance Director of JKX for the past 14 years. A search for his successor is already underway and a further announcement will be made in due course.

Commenting on Mr Burrows' decision, JKX Chief Executive Dr. Paul Davies said: "Bruce has played a central role in the development and growth of JKX over a very critical period. We congratulate him on his new appointment and he will leave with our thanks and best wishes."

Mr Burrows commented: "Whilst I am excited about my new opportunity, the decision to leave JKX was a difficult one. I will leave behind a growing company and many friends. I will take with me experience and fond memories."

Tags: JKX Oil & Gas plc