Pharos Energy PLC has announced the appointment of Dr. Bill Higgs as an Independent Non-Executive Director. Dr. Higgs brings over 30 years of global exploration, development, and operations experience, including executive roles for listed independent exploration and production companies. His extensive expertise in all engineering and technical aspects of hydrocarbon exploration, development, and production, along with his background as a qualified geologist, makes him a valuable addition to the board.
Dr. Higgs has held significant positions in various energy companies, including Chief Executive Officer of Genel Energy and Chief Operating Officer for Ophir Energy plc. He also served as Chief Executive Officer of Mediterranean Oil and Gas and spent 23 years at Chevron in various global roles. In addition to his new role at Pharos Energy, Dr. Higgs will continue as Chairman of Chappal Energies Mauritius Limited, a West Africa-focused energy company.
As a member of the ESG Committee, Dr. Higgs will contribute to the oversight of the Group's technical work and output. John Martin, Chair of Pharos Energy, expressed his delight at Dr. Higgs' appointment, emphasizing the significant value he is expected to bring to the business. Dr. Higgs' initial focus will include maximizing value from the company's exploration prospects in Vietnam Blocks 125 and 126.
The company confirmed that there are no additional matters requiring disclosure under LR 9.6.13 of the Listing Rules. For further information, interested parties can contact Pharos Energy plc.
This appointment reflects Pharos Energy's commitment to strengthening its leadership team with individuals possessing extensive industry experience, and Dr. Higgs' background aligns with the company's strategic objectives, particularly in the area of exploration and production.