Exploration and production firm Heritage Oil said it had taken on the former head of US Special Forces, hoping to take advantage of his extensive network of contacts.
The company has recruited Colonel Mark Erwin (Retd.) as an independent non-executive director.
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
There he oversaw all Special Forces Operations of the US Army and managed an annual budget in excess of $1.5bn and coordinated a headquarters staff of more than 1,000 employees, the company said.
"We are delighted to welcome Mark Erwin to Heritage and believe that he will be an outstanding addition to the board," said Chief Executive Tony Buckingham.
"Mark's extensive contact base through the United States and in certain countries in our core areas will be invaluable to Heritage as we continue to expand and develop our oil and gas portfolio."
Heritage's core areas of operation Africa, the Middle East and Russia.
-
HMRC confirms crypto ETN ISA rulesWith crypto ETNs now technically available for UK retail investors, HMRC has confirmed they can be held in an ISA – but there’s a complication
-
Pensioners targeted in fine wine scams – the tactics to watch forWine has emerged as the latest lure in investment fraud, with pensioners being specifically targeted by scammers
