Circle Oil Director and CEO steps down

Circle Oil, the Middle East and North Africa focused oil and gas exploration, development and production company, has announced that Professor Chris Green has now resigned as a Director and as Chief Executive Officer of the company.

According to Circle Oil, Professor Green had, as already announced on November 11, 2014, notified the company of his intention to step down from the Board and resign as Chief Executive Officer. However, he will continue to provide his services to the company until October 31, 2015.

The company also announces that the search for a new Chief Executive Officer to replace Professor Green is now well advanced and an appointment is expected in the near future.

Professor Green is an explorationist and qualified Geophysicist with over thirty years industry experience including twenty four years at Shell, where he held various senior positions leaving in 1998 as a Principal Geophysicist and a Global Shell Group Advisor.

From 1998 to 2001 Professor Green was the Director of Strategic Development and Geosciences at Racal Electronics Plc; from 2001 to 2004 he was the Chief Technical Officer of Thales Geosolutions Group Ltd. and from 1996 to 2004, he was Professor of Geophysics at the University of St. Andrews, Scotland.