Oil and gas explorer Bridge Energy announced on Friday the resignation of its Chief Financial Officer.
Eystein Westgaard will remain with the North sea focused company in his current position until April 16th this year and will help with the hand over process.
"The board would like to thank Eystein for his contribution to the business during his tenure and wishes him well for the future," Bridge said in a statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company has started searching for a new financial officer and will prove an update in due course.
The news comes two days after the group was awarded a new licence.
The Norwegian Ministry of Petroleum and Energy confirmed the group won the licence with 40% interest and operatorship in block 6407/4 in the latest round.
-
8 of the best properties for sale near ski slopesThe best properties for sale near ski slopes – from a luxury cabin in Geilo, one of Norway’s premier ski resorts, to a large chalet in Valais, Switzerland
-
Cash hoarders take total UK savings to £2 trillion – why aren’t we investing?Investment-shy Brits are hoarding huge amounts of cash in their savings accounts. We look at the case for saving versus investing.
