Company Overview and News
The Board of African Petroleum announces that Mr Charles Matthews, Non-Executive Chairman, is retiring as Chairman and Non-Executive Director effective from today in order to pursue other business interests. Dr David King, currently serving as a Non-Executive Director of the Company since July 2013, will assume the position of Non-Executive Chairman, effective from the retirement of Mr Matthews. Dr King is a professional geoscientist and has over 35 years of experience in oil and gas and other natural resources industries.
Double-digit losses across the board.Gold moved lower but remained strong relative to other precious metal prices.PGMs were the worst performers.Lower lows and
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