DIRECTORS

John Kenny, Chairman

John Kenny has enjoyed an extensive career in the oil and gas sector where he has an excellent record of creating shareholder value. He co-founded the JP Kenny Group of Companies, which traded internationally in oil and gas engineering, sub-sea survey and inspection, and shipping. He was a founder of JP Kenny Exploration & Production Ltd, the forerunner of LSE listed JKX Oil & Gas plc. He holds a degree in chemical engineering from University College London and is an Honorary Fellow of the College.

Jeremy Eng, Managing Director

Managing Director Jeremy Eng has extensive experience in the independent oil and gas sector and a wide network of contacts within the sector. In his 23-year career in the industry he has specialised in operations and technical management for the independent sector. Prior to joining Ascent Resources, Jeremy was CEO of a private upstream gas company and Technical Director of WPN Resources Ltd, a Canadian junior-listed oil & gas company now called Grove Energy. Previously he worked for a successful petroleum engineering consultancy business. He started his career with Schlumberger and after earning a Master degree in petroleum engineering worked for Premier, Tullow and other independent operators.

Simon Cunningham, Executive Finance Director

Simon Cunningham, a certified accountant, has extensive energy and resources experience having held senior corporate finance roles with diversified engineering services group Ausenco Limited (ASX:AAX), international renewable energy provider Energy Developments Limited (ASX:ENE) and independent power producer NRG Energy Inc.

Prior to joining Ascent Resources he served as the Chief Financial Officer of Reverse Corp Limited (ASX:REF), a telecommunications provider with operations in the United Kingdom and Australia where he was responsible for all aspects of the finance, treasury, investor relations, investment analysis and company secretarial functions.

 

Malcolm Groom, Ascent Resources plcMalcolm Groom, Legal Director

Malcolm Groom is an experienced energy lawyer having previously been head of both Denton Hall and Norton Rose energy groups. He was a co-founder and managing Director of Consort Resources founded in 2000. He is now also a consultant to a number of foreign governments on legal matters concerning the oil industry.

 

Jonathan Legg,  Non-ExecutiveDirector 

 

Jonathan Legg has wide experience of the energy industry at a senior level. In 1997, he formed Energy Business Consultants, which advised UK and international clients on commercial aspects of gas and power. In 1999 Jonathan founded Consort Resources, which by the time of its sale in 2003 was a top 10 UK gas producer. Jonathan has also been a senior executive of Conoco (U.K.) and BG E&P. Jonathan has also served on the board of UK Offshore Operators' Association, and was a member of the Government's UK-Continental Interconnector Steering Group. He was also a director of the company owned by the UK's gas shippers to administer the Network Code.

 

Nigel Moore, Non-Executive Director

Nigel Moore is a Chartered Accountant and was a former partner at Ernst & Young for 30 years until 2003. For the last ten years at Ernst & Young he specialised in the oil and gas sector, advising large international companies, providing significant input to strategic options, new opportunities and delivering shareholder value. In addition to his other duties on the Board, he chairs Ascent’s Audit Committee.

Nigel is also on the Board of Hothschild Mining PLC, JKX Oil and Gas PLC as well as Production Services Network Ltd, a major Aberdeen-based Oilfields Services company.

ASCENT NEWS Doublearrow
15/07/2010

Increase in Interest in North Sea Blocks M10/M11

Ascent through its subsidiary Ascent Resources (Netherlands) BV ('ARN'), has increased its interest in the M10/11... more

02/07/2010

Director's Dealing

Jeremy Eng, Managing Director of Ascent, has transferred 2,000,000 ordinary shares of 0.1p each in the... more

01/07/2010

Increase in Interest in Petisovci Project

Ascent through its subsidiary Ascent Slovenia Limited ('ASL'), has increased its interest in the Petišovci project... more