Mr Cole is the CFO and director of Xcite Energy Resources (XER), the company’s wholly owned subsidiary, and CFO of Xcite Energy. The company said that Mr Cole has played an integral role in developing XER from its incorporation in 2002 and for Xcite Energy Limited through to its dual listing in November 2007.
Mr Cochlan is a partner at the law firm of Blakes, Cassels & Graydon in the securities group. The company said that Mr Cochlan has represented senior and junior public issuers in numerous aspects of general corporate law and securities regulatory matters including corporate governance, continuous disclosure, regulatory compliance and transaction negotiation and completion.
Richard Smith, CEO of Xcite Energy, said: I am pleased to welcome Rupert Cole to the board, as his financial and sector experience and advice has been integral in bringing about Xcite Energy’s success to date. I am also pleased to welcome Scott Cochlan to the board; his legal expertise and sector experience will be very valuable as the company continues to progress and assess future growth opportunities.
