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Highlights
- Invictus Energy (ASX:IVZ) has welcomed John Bentley to its Board as Non-Executive Chairman of the company.
- He holds an outstanding track record of success in the E&P sector across Africa, says IVZ.
- According to IVZ, his role will be pivotal during the next exciting phase of Invictus’ development as a company.
Independent upstream oil and gas company Invictus Energy Limited (ASX:IVZ) has appointed John Bentley as Non-Executive Chairman of the company, effective 01 February 2023.
With over 40 years of rich experience in international natural resource development, Mr. Bentley can prove to be a great asset for the company’s growth in the sector. Since 1993, he has been specifically focused on the upstream oil and gas industry of Africa.
According to Managing Director Scott Macmillan, the company is delighted to welcome Mr. Bentley to the Board of Invictus. He believes that Mr. Bentley’s outstanding track record of success in the E&P sector across Africa will be pivotal during the next exciting phase of Invictus’ development as a company.
Overview of Mr. Bentley’s profile
A graduate in metallurgy from Brunel University, John Bentley has served at numerous executive and board positions in several E&P companies. The list of companies he has worked at includes several Africa-focused players, such as Rift Oil plc, Caracal Energy Inc, FirstAfrica Oil plc, Vanco Energy Company, Faroe Petroleum plc, Wentworth Resources Ltd and Africa Energy Corp.
In the initial years of his professional life, Mr. Bentley took over the role of CEO exploration and production at South African oil company Engen Ltd.
In 1996, he played a crucial role in the formation of Energy Africa Ltd. and its listing on the Johannesburg and Luxembourg stock exchanges. During his five-year-tenure as CEO at Energy Africa, he brought in a fourfold surge in production, led operations in 12 African countries, and made possible many significant hydrocarbon resource discoveries. Consequently, Tullow Oil launched a successful takeover of the company for about US$500 million in the year 2004.
John Bentley’s views on joining Invictus Energy
Data source: IVZ website, Image source: © 2023 Krish Capital Pty. Ltd.
Shares gain over 3%
IVZ shares were trading at AU$0.165 midday on 30 January 2023, up over 3% from the last close. The company has a market capitalisation of AU$142.08 million.