Trondheim 09.02.2020
The Board of Directors of OKEA has appointed Svein J. Liknes as new CEO of
OKEA.?The founder and current CEO of OKEA, Erik Haugane (68), has been in
discussion with the Board about his succession for some time as Erik will retire
from the CEO position in OKEA later this year.
Svein J. Liknes (born 1972) will join OKEA on 1 June and comes from Aker BP
where he holds the role as VP Special Projects & Due
Diligence. He previously served in Aker Energy both as acting CEO and Head of
Operations. Liknes also has experience as SVP Operations & Asset Development in
Aker BP where he headed the Skarv Asset since 2016. Mr. Liknes has also held a
similar role for the Alvheim Asset for Aker BP (then Det norske) and has broad
experience with production units, from both projects and operations, in Asia and
Great Britain. Mr. Liknes has background from the Norwegian Armed Forces
and studied Nautical Science at the University of Stavanger and the Western
Norway University of Applied Sciences.
The Chairman of the Board of Directors and CEO of Bangchak Corporation,
Chaiwat Kovavisarach, made the following comments: "With a?growing portfolio of
quality assets, together with an experienced and effective?management team, OKEA
is very well positioned for growth on the NCS. Erik Haugane has led OKEA really
well over the past 6 years and has delivered some great successes in market
conditions which have at times been challenging. Erik will now hand over the
leadership of the Company to?Svein?J. Liknes, who?will bring his extensive
experience into the management team. On behalf of the Board, I would like to
welcome Svein to OKEA and look forward to working closely with him as we
continue to build on the solid platform which Erik has created.?I would also
like to thank Erik for his solid leadership since the Company's foundation
and am pleased that he will continue to be associated with the Company as
adviser to the?Board ",?says Chaiwat?Kovavisarach.
"As founder, investor and existing CEO, I am very pleased that Svein is taking
on this job," says Erik Haugane. "A good foundation and a sound strategy for
growth has been established, and I am confident that Svein together with the
management team will continue the journey and add significant value to the
society and shareholders going forward."
Contact:
Finn Haugan, Board member; +47 90041002
Erik Haugane, CEO; +47 90721655
Trond Omdal, VP Investor Relation; +47 91532578
About OKEA
OKEA ASA is an independent Exploration and Production (E&P) company and operator
on the NCS with a current production of ~16000 boepd. OKEA targets profitable
production growth within the current portfolio combined with an opportunistic
approach to M&A.
OKEA ASA is listed on the Oslo Stock Exchange under the ticker "OKEA". More
information
on www.okea.no (https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2F
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