Impact Oil and Gas appoints new non-executive director

Aug 01, 2016: Impact Oil and Gas, African-focused pure exploration company, named Geraldine Murphy as a non- executive director. She joins the Board on August 1, 2016.

Geraldine is a highly experienced oil and gas advisory and financing professional with over 25 years of extensive deal-making experience across multiple geographies including the successful execution of over 50 M&A transactions.

Most recently, Geraldine was managing director, Global Head, Oil and Gas Corporate Advisory at Standard Chartered Bank where she led the building out of the company’s Oil and Gas mergers and acquisitions business and advised clients on multiple transactions with a cumulative deal value exceeding $25 billion. Geraldine also served as head of Corporate Finance Europe for the bank.

Geraldine holds a BSc. (Hons) degree in Geology and a MSc. in Petroleum Geology from University College Dublin.

Tim Saxton, who joined the Board when Impact was established in 2011, will step down at the end of July 2016. Tim will continue to provide advice to the company on an ad-hoc basis.

Impact Oil and Gas has a growing portfolio of attractive exploration assets in offshore areas of Africa and over the last 18 months has been involved, both directly and indirectly, in two successful farm outs to major oil companies.

Mike Doherty, executive chairman of Impact Oil & Gas, said, “Geraldine’s wide ranging advisory skills, outstanding track record and deep sector knowledge and expertise complement the existing skills of the Board and will be of significant value to Impact as we enter our next stage of growth. Our business model is based on our ability to attract, and arrange joint ventures with, major companies in our industry.”