Petro Summit appoints CEO

Petro Summit Investment has appointed D. Roy Phillips as CEO.

Offshore staff

LONDON -- Petro Summit Investment has appointed D. Roy Phillips as CEO. Phillips started his career with Exxon, followed by 18 years with Kerr-McGee Corp.

"My task is clear, to grow the business from its current sound foundations into a much larger entity with operating capabilities, says Phillips. "The company has a conservative balance sheet, and enjoys the financial capacity and support of the Parent to pursue substantial projects. I am looking forward to the challenge."

03/13/2008

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