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The latest update is out from Pennpetro Energy Plc ( (GB:PPP) ).
Pennpetro Energy Plc has appointed Mavriky Kalugin as Executive Director and Chief Operations Officer to enhance its technical and operational capabilities. Kalugin brings over 28 years of experience in the oil and gas sector, with a notable background in managing upstream and service companies, and has previously held senior positions at major energy firms. This appointment is significant as it follows the acquisition of the Limnytskyi oil and gas exploration licence in Ukraine, positioning Pennpetro to leverage Kalugin’s expertise in this market to unlock shareholder value.
More about Pennpetro Energy Plc
Pennpetro Energy Plc is a company focused on developing strategic energy projects, primarily within the oil and gas industry. The company is involved in upstream and service operations, with a market focus on exploration and production optimization.
Technical Sentiment Signal: Buy
Current Market Cap: £9.58M
For detailed information about PPP stock, go to TipRanks’ Stock Analysis page.