Update E&P Petrolia NOCO AS January 2018

22 Jan 2018

Petrolia NOCO announces the appointment of Dr Robert Arnott as Executive Chairman.

Dr Arnott has over 35 years’ experience in the oil and gas industry and has previously held board positions at several E&P companies, most recently as Chairman of Hurricane Energy, the UK North Sea basement specialist.

He also has extensive experience in the Norwegian sector having served on the boards of Rocksource ASA, Core Energy AS and Spring Energy AS. In addition, he has been a member of the Advisory Board of DNO ASA.

After working as a geologist and economist with Royal Dutch Shell, he became an oil and gas equity analyst in 1991, holding senior positions at Goldman Sachs and Morgan Stanley for 10 years. He is also a senior fellow at the Oxford Institute for Energy Studies and is recognised for his research into the oil and gas industry.

Petrolia has been involved in exploration in Norway since 2012 and has 6 licences including one operatorship recently awarded in the 2017 APA round.