Eland Oil & Gas has appointed Mr. George Maxwell as Chief Executive Officer (CEO) with immediate effect.
Mr. Maxwell was formerly Chief Financial Officer of Eland and is a founder director of the Company. Prior to this, he was General Manager for Addax in Nigeria, responsible for finance, fiscal and commercial activities.
Mr. Les Blair will step down from the Board and as CEO to assume the new role of Strategic Advisor to the Company with immediate effect. The role, reporting to the CEO, will be to promote the Company within Nigeria, to undertake certain partner and Government related tasks on behalf of the Company and to support the CEO in specific strategic objectives.