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Chief Executive Announcement

Cuadrilla announces the appointment of Francis Egan as Chief Executive

Cuadrilla Resources, the British shale gas exploration and production business, has announced the appointment of Francis Egan as the company’s new Chief Executive.

Egan, who will take up this post on 9 July, has been appointed to lead Cuadrilla through its next stage of development, as the business gets ready to further explore the Bowland shale. He brings extensive experience in exploration & production, most recently as President of the Global Production Division of BHP Billiton Petroleum. At BHP he has also held numerous leadership roles in the UK, US, Australia, Pakistan and Algeria.

Mark Miller, Cuadrilla’s current CEO, will stay with the company as Director of the Bowland Shale exploration and development programme. On his change of role Mark Miller said:

The appointment of Francis as CEO demonstrates that Cuadrilla is investing in the very best people as we continue to strengthen our management team.  This move will allow me to focus on our operations in Lancashire and I’m looking forward to continuing to work with the local communities that I and my team have come to know so well.

Commenting on his appointment, Francis Egan said:

I am delighted to be returning to the UK to join Cuadrilla at this exciting time for the energy industry in the UK. Cuadrilla has led the way in unlocking the potential of shale resources reserves in the UK, and we hope that the next few years will be about starting to realise that potential in a sustainable and responsible way. As CEO my fundamental commitments are to safety and environmental protection. I appreciate that there are still important questions about shale exploration in the communities in which we operate, so my first priority will be to ensure Cuadrilla continues to listen to and work with our local communities in Lancashire.

I am convinced that the potential of shale resources in the UK is significant, with the prospect of real and lasting benefits for local communities, the wider Lancashire economy, and to the UK as a whole.

Lord Browne of Madingley, Chairman of Cuadrilla said:

I would first of all like to thank Mark Miller for the outstanding job he has done as CEO of Cuadrilla over the past two years. He has led the company through a critical period, helping Cuadrilla to grow and develop while working very closely with the local community in Lancashire. I am delighted that he will be remaining with the business.

As Cuadrilla prepares to fully explore the potential of shale gas in the UK, Francis’ extensive industry knowledge will mean that the company will be well positioned to unlock the potential of shale gas and most importantly set the very highest standards of safety.”

 

CONTACTS

National media enquiries:

Joe Shipley / Emma Walsh, Brunswick Group   0207 404 5959

 

Local (Lancashire) media enquiries:

Sam Schofield, PPS   07825 064 280

 

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