DGAP-News: Heirs Oil & Gas / Key word(s): Personnel
Heirs Oil & Gas Announces CEO and Board Appointments
07.05.2021 / 18:20
Heirs Oil & Gas Announces CEO and Board Appointments
- Welcomes former senior Shell executive, Osayande Igiehon, as CEO
Lagos, 04/05/2021 - Heirs Oil & Gas (HHOG) (www.HeirsOilandGas.com), the leading African integrated energy company, has announced the appointment of
Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience.
Heirs Holdings Limited s (HH) portfolio company, HHOG, completed the acquisition of OML17 in January 2021, in one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion. The transaction represents a further implementation of the HH Group strategy of creating the leading integrated energy business in Africa. Through a se
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Heirs Oil & Gas, a leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience.
Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of OML17 in January 2021, in one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion.
The transaction represents a further implementation of the HH Group strategy of creating the leading integrated energy business in Africa. Through a series of strategic portfolio holdings, HH is executing this strategy.
A significant milestone has been reached with approval for the development of the Newton St Boswells Auction Mart. Since 1871 Newtown St Boswells has grown around its mart and now, 150 years later, the mart site will continue to be integral to the ongoing prosperity of the town. The Mart remains at the centre of this development and instead of coming through the town, it is the intention that all mart traffic will access directly from the A68. Cumbrian-based H&H’s holdings will create a busy town centre, a modern livestock auction mart for the Borders and a rural hub for surrounding communities.
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Else Nutrition Reports Fourth Quarter 2020 and Full Year 2020 Results
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Management is pleased to announce during 2020 fiscal year the Company successfully completed its initial rollout, on August 12
th, of the first Plant-Based Complete Nutrition for Toddlers product and executed of its strategic plan to setup an expansive growth platform for sales of its unique line of plant-based baby, toddler, children and adult nutrition products. During the year 2020 the Company has:
Successfully completed development of its first Plant-Based Complete Nutrition for Toddlers product.
Established commercial production capabilities with third party manufacturer.
Successfully onboarded KeHE Distributor, the first major distribution partner with a reach to 30,000 retail stores across the U.S.