Circle Oil: New CEO steps in

Circle Oil New CEO steps inCircle Oil Plc, the international oil and gas exploration, development and production company, has announced the appointment of Mitchell Robert Flegg as Chief Executive Officer (CEO) and a director of the company with effect from June 1, 2015.

Circle Oil previous Director and CEO, Professor Chris Green, resigned in March 2015.

According to the company, Flegg has over 33 years’ industry experience, spanning a wide variety of exploration and production projects at all levels; most recently with Serica Energy Plc, which he joined in 2006 and was responsible for all drilling and development operations.

He was promoted to the position of Chief Operating Officer in March 2011 and joined the Board of Serica in September 2012.

Tony Craven Walker, Serica Energy Chairman, commented on Flegg’s leaving and new appointment:

“Mitch has been on the Board of Serica since September 2012 and, as Chief Operating Officer of the Company, has been instrumental in overseeing the change from a company focused on the North Sea and South East Asia to one with exploration interests in the Atlantic Margins and a growing focus on production in the Central North Sea.  We are sorry to see him go and wish him well in his new role.”

Flegg started his career with Schlumberger Limited and then moved to Enterprise Oil Plc, where he was responsible for drilling operations for wells in a variety of countries. After the takeover by Royal Dutch Shell Plc he worked on the implementation of new technology in well engineering before moving into asset management.

Commenting on the appointment, Steve Jenkins, Circle Oil Chairman, said:

“We are delighted to have Mitch as our new CEO and a member of our board. He brings with him a wealth of experience and a strong operational mind-set. I am confident that Mitch will make a significant contribution to the future success of Circle Oil.”

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