Wentworth Resources Limited : Appointment of CFO

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, is pleased to announce the appointment of Katherine Roe as Chief Financial Officer ("CFO") of the Company, effective 1 April 2018.

This announcement is further to the announcements made in November 2017 and January 2018 in relation to the Company's plans to relocate its head office to London from Calgary, Canada and establish an executive management team based in London.

Katherine Louise Margiad Roe (40) has been Vice President Corporate Development & Investor Relations for the Company since 2014 and has nearly 20 years of senior corporate and capital markets experience. Prior to joining Wentworth, Katherine worked at Panmure Gordon and Morgan Stanley's investment banking divisions. She is a non-executive director of AIM quoted IDE Group Holdings plc, where she chairs the Audit Committee. Katherine is also a director of Roe Resources Limited.

Lance Mierendorf will remain in the CFO role until 31 March 2018 to ensure the coordination of an efficient and orderly handover to Katherine. 

Bob McBean, Executive Chairman, said:

"I would like to thank Lance for his professional commitment and loyalty to the Company over the past six years. He has played a key role in helping to establish Wentworth's position as a pre-eminent East African production and exploration company. I would like to wish Lance all the best for his future endeavours and welcome Katherine as our new CFO; her experience in the UK market and ingrained knowledge of our business is essential as we welcome our new CEO, Eskil Jersing, and realign the business with our asset base and shareholders."

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