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Independent Oil & Gas appoints Royal Mail man Murray


Independent Oil & Gas (LON:IOG) has appointed a new non-executive director with FTSE 100 experience.

He is Paul Murray, who currently serves as audit committee chairman at Royal Mail (LON:RMG) as well as being a director at the research firm QinetiQ (LON:QQ.).

A founding shareholder of Independent, he began his career as a petroleum engineer with Mobil North Sea and was finance director at LASMO, one of the great names in UK exploration.

Murray said: "I have been keen to return to the oil and gas industry for some time and the board and executive team of IOG have convinced me that their ambition to grow into a significant development and production company is eminently achievable. 

“I believe my experience in helping LASMO grow into a FTSE 100 company along with more recent roles as a corporate advisor will be invaluable to IOG during this exciting phase in the company's development."


Quick facts: Independent Oil & Gas PLC

Price: 13.5 GBX

Market: AIM
Market Cap: £64.82 m

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