Providence names Alan Linn CEO
Irish oil and gas explorer Providence Resources has appointed Alan Linn as its new CEO.
He replaces Tony O'Reilly Jnr, who stepped down in December after funding of $9m (€8m) from Chinese group Apec failed to materialise.
Mr Linn has over 35 years of oil and gas industry experience. Having established his career in the UK, he subsequently worked internationally with Lasmo, Cairn Energy, Tullow Oil, Roc Oil, and with Afren as part of a restructuring process.
He joins Providence from Third Energy Onshore, where he was CEO.
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Pat Plunkett, chairman of Providence Resources, said: "[Mr Linn] has the ideal mix of operational and strategic experience for the position, and will bring valuable insights to the board as we rebuild the business after the challenging past year. Alan recognises the considerable potential of the company's assets, in particular Barryroe."
Shares in Providence were 3.2pc higher in afternoon trading yesterday.