BVI company appointed Chief Financial Officer and Director

Xcite Energy Limited, the BVI company engaged in oil exploration and development of oil resources in the North Sea, this week announced the appointment of Chief Financial Officer and Director. Andrew Fairclough has been appointed CFO and Director of the BVI company with immediate effect.

Andrew Fairclough joined Xcite Energy Resources Limited (the wholly owned subsidiary of Xcite Energy Limited) in August 2012 as Corporate Affair Director for the Xcite Energy Group. Prior to that, he had 17 years’ experience in investment banking and corporate finance, and a close working relationship with Xcite Energy for nearly five years. He has a beneficial interest in 15,000 ordinary shares of Xcite Energy.

Rupert Cole, CEO of Xcite Energy, commented on this appointment:

“I am very pleased that Andrew has taken up the position of CFO. He has played an active role in the Company since joining us in 2012 and his appointment further strengthens the Board at this important time.”

Comments are closed.