Jadestone Energy PLC on Monday said it has appointed former Marathon Oil Co manager Thomas Mitchell Little as chief executive officer.
Little became CEO on Sunday and has relocated the head office of the Asia-Pacific focused production and development company to Singapore.
Jadestone said it is aiming to become the leading upstream independent in the Asia-Pacific region.
Little spent 33 years at Marathon, most recently as Executive Vice President for Operations.
Little is also currently a board director at Houston, Texas-based offshore energy services company Helix Energy Solutions Group Inc.
‘We are very pleased that Mitch is joining Jadestone as CEO. He brings significant upstream operational and management experience from over three decades in the oil and gas industry with Marathon,’ said Executive Chair Adel Chaouch.
‘His in-depth operational and technical knowledge across many jurisdictions, particularly in mature asset management, will be of particular benefit to Jadestone, as we seek to maximize the value of our existing operated positions in Australia, Indonesia and Malaysia and pursue further growth in these core areas.’
Shares in Jadestone were up 1.3% at 19.75 pence in London on Monday afternoon.
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