Capricorn Energy has appointed a new chief executive as its strategic review makes its first changes.
Randy Neely, former president and chief executive of Egypt-focused operator TransGlobe Energy is set to join on 1 June. Interim chief executive Chris Cox will leave after a handover period.
Results for the year ended 31 December 2022 also revealed some of the initial changes to be made as a result of the review that commenced in February following an activist shareholder-driven boardroom reshuffle.