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You are at:Home » MEREN ANNOUNCES BOARD CHANGES AND SHARE CAPITAL UPDATE
Commodities

MEREN ANNOUNCES BOARD CHANGES AND SHARE CAPITAL UPDATE

News RoomNews RoomJun 30, 2025 6:02 pm EDT0 ViewsNo Comments3 Mins Read
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VANCOUVER, BC, June 30, 2025/ CNW/ – MER (Nasdaq-Stockholm: MER)– Meren Energy Inc. (” Meren” or the “Business”) reveals that Mr. John Craig has actually stepped down from the Business’s Board and has actually been changed by Ms. Cheryl Sandercock View PDF variation

As formerly interacted, Mr. Craig, a Director of the Business considering that 2009, had actually notified the Board of his objective to step down in 2015 and the visit of Ms. Sandercock follows a recruitment procedure that was started previously this year.

Ms. Sandercock is an extremely knowledgeable energy expert, having actually worked as the Co-Head of Acquisitions and Divestitures in the Energy Advisory Financial investment Banking practice of BMO Capital Markets. She has actually encouraged on over USD 70 billion in deals, consisting of acquisitions, divestitures, mergers, farm-ins, equity raises, joint endeavors for public and personal business, NOCs, and personal equity financiers. Ms. Sandercock’s previous experience consists of another big Canadian global bank, independent reserve and resource evaluations, and technical functions in drilling & & conclusions, tank, production, advancement and gas storage engineering in addition to field operations for an oil & & gas expedition and production business.

Ms. Sandercock participated in the Schulich School of Engineering at the University of Calgary, Canada, making a B.Sc. in Chemical and Petroleum Engineering. She is an expert engineer signed up with the Association of Expert Engineers and Geoscientists of Alberta (APEGA) and holds the ICD.D classification from the Institute of Corporate Directors in Canada

The Business likewise reports the list below share capital and ballot rights upgrade in accordance with the Swedish Financial Instruments Trading Act.

As an outcome of the issuance of 76,231 typical shares pursuant to the vesting of particular efficiency share systems, the Business has 675,512,565 typical shares released and impressive with ballot rights as at June 30, 2025

About Meren

Meren is a full-cycle Independent upstream oil and gas business with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea Its primary possessions are producing and advancement possessions in deepwater Nigeria run by Majors. The Business holds a leading position in the Orange Basin including its efficient interest in the Venus light oil job, offshore Namibia, and its direct interest in Block 3B/ 4B, overseas South Africa

Extra Details

This info is info that Meren is required to reveal pursuant to the Swedish Financial Instruments Trading Act. The info was sent for publication, through the company of the contact individuals set out above, at 5:00 p.m. EDT on June 30, 2025

SOURCE Meren Energy Inc.

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By News RoomJun 30, 2025 9:06 pm EDT0

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