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Providence Resources PLC on Monday named Alan Curran as its interim chief executive, effective immediately.
Since former CEO Alan Linn left the Dublin, Ireland-based energy company in October 2021, Chair James Menton has acted as executive chair of the company as it searched for a new CEO. Following Curran's appointment, Menton will revert back to his role as non-executive chair.
Over the past two years, Curran has founded and led Ortus Petroleum Ltd, an investment vehicle for oil & gas exploration in north-west Europe.
Prior to that, Curran was CEO of Verus Petroleum. Between 2014 to 2019, he oversaw $500 million of acquisitions as well as the company's own acquisition in 2019 by NEO Energy Group Ltd.
Menton said: ‘I am pleased that Alan has agreed to join Providence Resources as interim CEO. As a board, our primary objective is to progress our appraisal programme leading to a phased commercial development of the Barryroe oil & gas field. We are confident that the field can be successful and I have no doubt that, with his extensive experience in the oil & gas industry, Alan's knowledge and expertise will assist the board in optimising the Barryroe Field.’
Shares in Providence Resources were untraded at 3.10 pence each in London on Monday morning.
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