Inactive Instrument

Madagascar Oil Limited

Equities

MROIF

BMG5738R1016

Oil & Gas Exploration and Production

Paul Ellis Resigns as Chief Executive Officer of Madagascar Oil Limited

July 19, 2013 at 02:54 pm IST

Madagascar Oil Limited announced the resignation of Paul Ellis as Chief Executive Officer (CEO) of the company. Mr. Ellis stepped up from the position of Non-executive Director in December 2012. Mr. Ellis will step down from that role immediately, and will now begin serving the six month notice period of his Service Agreement.

Mr. Ellis remains a Director of the company.

Latest news about Madagascar Oil Limited

Madagascar Oil Limited Appoints Kiran Raj as Non-Executive Director	20/20/20	CI
Madagascar Oil Announces Appointment of Kemrajsing Sewnundun as Commercial Director	11/20/11	CI
Madagascar Oil Limited Auditor Raises 'Going Concern' Doubt	30/16/30	CI
Madagascar Oil Limited(AIM:MOIL) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index	08/16/08	CI
Madagascar Oil Limited Announces Granting of the Environmental Permit for the Tsimiroro Block 3104 Phase 1a Exploitation	18/16/18	CI
Madagascar Oil Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015	30/15/30	CI
Madagascar Oil Seeks Partner	29/15/29	CI
Madagascar Oil Finalizes Information Memorandum With Search For Strategic Partner	07/15/07	CI
Madagascar Oil Appoints Peter Godfrey as Non-Executive Director	01/15/01	CI
Madagascar Hires Advisor To Identify Partner For Tsimiroro Project	30/15/30	CI
Madagascar Oil Limited Auditor Raises 'Going Concern' Doubt	30/15/30	CI
Madagascar Oil Searches For JV Partner	22/15/22	CI
Madagascar Oil Limited Announces Executive Changes	22/15/22	CI
Madagascar Oil Limited Announces Board Changes	22/14/22	CI
Madagascar Oil Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014; Announces Production Results for the Eight Months Ended August 31, 2014	23/14/23	CI
Madagascar Oil Limited Announces Group Earnings Results for the Year Ended December 31, 2013	30/14/30	CI
Madagascar Oil Limited Auditor Raises 'Going Concern' Doubt	30/14/30	CI
Madagascar Oil Appoints Teck Soon Kong as Non-Executive Director	23/14/23	CI
Madagascar Oil Limited Announces Board Changes	22/14/22	CI
Gordon Stein to Join Board of Madagascar Oil	31/14/31	CI
Madagascar Oil Appoints David Mahoney to the Board of Directors	31/14/31	CI
Madagascar Oil Limited Provides Update on Tsimiroro Field Development	18/14/18	CI
Madagascar Oil Provides Operational Update	16/13/16	CI
Andrew Morris Resigns Madagascar Oil Limited and Persistency Private Equity Limited as Non-Executive Chairman	14/13/14	CI
Madagascar Oil Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2013	03/13/03	CI

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Company Profile

Madagascar Oil Limited is an investment company. The Company is engaged in the development of the Tsimiroro heavy oil deposit and the exploration for conventional oil on five contiguous onshore blocks in Madagascar. The Company's two principal fields include Tsimiroro Block 3104 (Tsimiroro Block) and Bemolanga Block 3102 (Bemolanga Block). The Tsimiroro Block license area includes the Amboloando heavy oil reservoir, which holds original oil in place of approximately 1.7 billion barrels. The Bemolanga Block covers an area of approximately 5,463 square kilometers and is operated by Total E&P Madagascar S.A.S (Total), which holds around 60% working interest. The Company's exploration blocks include West Manambolo - Block 3105, Morondava - Block 3106 and Manandaza - Block 3107. The Exploration Blocks cover a total area of approximately 17,400 square kilometers in the Morondava Basin and lie to the south of the Tsimiroro Block. Its subsidiary includes Madagascar Oil S.A.

Sector

Oil & Gas Exploration and Production

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Sector Oil Exploration & Production - Onshore

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Oil Exploration & Production - Onshore