Category: Uncategorized

New CEO for PICO International Petroleum and Cheiron Petroleum Corporation

Ian Hewitt has stepped down as Interim CEO after successfully leading a substantial turnaround of the E&P business delivering significant production, reserves and NPV add. In response to low commodity prices the shareholders asked Ian to step in in early 2016 to improve the robustness and resilience of the business. Restructuring activities over the past 14 months have included changes to the Board and Governance processes in the Company, along with planning and organisational improvements designed to enhance performance. The…