IGas Energy (GB:STAR) has released an update.
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Star Energy Group PLC has announced the appointment of Ross Glover as the new Chief Executive Officer, succeeding Chris Hopkinson who will step down immediately and not stand for re-election at the upcoming AGM. The company is set to focus on enhancing efficiency and profitability in its oil and gas operations while actively engaging in the energy transition, capitalizing on geothermal opportunities. This leadership change follows a successful €25 million refinancing and a period of production stabilization over the past 18 months.
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