Appointment of Chief Operating Officer
May 19 2011 - 4:42AM
RNS Non-Regulatory
TIDMPELE
Petrolatina Energy PLC
19 May 2011
Thursday 19 May 2011
PetroLatina Energy Plc
("PetroLatina" or the "Company")
Appointment of Chief Operating Officer
Over 20 years industry experience including 14 at BP and
experience in Colombia
PetroLatina (AIM: PELE), the independent oil and gas
exploration, development and production company focused on Latin
America, is pleased to announce the appointment of Mr. Luis
Guillermo Acosta as Chief Operating Officer of the Company.
Luis Guillermo, aged 44,is a petroleum engineer with over 22
years experience in the oil and gas industry in Colombia and
overseas, including 14 years with BP plc in the UK, Colombia and
most recently, Houston. Luis Guillermo's expertise will be
invaluable in the ongoing development of the Company'soil and gas
assets in Colombia. Based in Bogota, Luis Guillermo will be
responsible for the day-to-day management the Company'sassets and
will report directly to Juan Carlos Rodriguez, CEO, and the Board
of Directors.
Luis Guillermo's oil & gas industry career began when he
joined Occidental Petroleum in Bogota as a Petroleum Engineering
Apprentice in 1989. He then worked for Schlumberger Canada for over
2 years before joining BP plc as a Completions Engineer in Bogota
in 1996. Over subsequent years, he assumed increasingly senior
production engineering and completion engineering roles within
various BP operating divisions in the UK, Colombia and most
recently Houston, where he was responsible for leading a high
impact subsea project that involved operational expenditure of US$1
billion and capital expenditure of some US$300 million.
A Colombian citizen, Luis Guillermo holds a Bachelor of Science
degree in Petroleum Engineering from the Universidad de America in
Bogota, and a Master of Science degree in Petroleum
Engineering,from the University of Alberta, Canada. He is a
Professional Member (P.Eng.), of APEGGA, Alberta, Canada,and a
Professional Engineer, ACIPET, Asociacion Colombiana de Ingenieros
de Petroleos, Bogota, Colombia.
Commenting on the appointment, Luc Gerard, Executive Chairmanof
PetroLatina, said:
"Weare delighted to welcome Luis Guillermo to the team. He
brings proven technical expertise and international project
development experience, particularly in bringing complex projects
into production. His experience and operational expertise will be
invaluable at a time when we wish to accelerate our ongoing
exploration and development programme and fully develop our
existing assets. Luis Guillermo will greatly complement the
existing skills of PetroLatina's operational team and ensure that
the Company has the required capabilities to support the longer
term objective of value added production."
Enquiries:
PetroLatina Energy Plc Tel: +57 1627 8435
Juan Carlos Rodriguez, Chief Executive Officer
Pawan Sharma, Executive Vice President - Corporate Tel: +44 (0)20 7766
Affairs 0081
Strand Hanson Limited
Simon Raggett/Matthew Chandler Tel: +44 (0)20 7409
3494
Evolution Securities Limited
Chris Sim/Adam James Tel: +44 (0)20 7071
4304
Financial Dynamics
Ben Brewerton/Susan Quigley Tel: +44 (0)20 7831
3113
This information is provided by RNS
The company news service from the London Stock Exchange
END
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