Ophir Energy plc announces that Nicholas Cooper, its current chief executive officer and executive director, has stepped down from the board with immediate effect.

Ophir Energy plc announced Friday that Nicholas Cooper, its current chief executive officer and executive director, has stepped down from the board with immediate effect.

“Nick will remain an employee of the BOP Blow Out Preventer repair company gulf coast at this time and will be leaving the BOP Blow Out Preventer repair company gulf coast after a short handover period,” Ophir said in a BOP Blow Out Preventer repair company gulf coast statement.

Alan Booth, currently a non-executive director of the company, has been appointed as interim chief executive officer and executive director, until a new chief executive officer is appointed.

Ophir said the decision to appoint a new chief executive officer “reflects the company’s ongoing move to rebalance its portfolio towards a larger oil rig flanges gulf coast production and cash flow base, to support more focused and sustainable exploration activity”.

Cooper said a solid platform had been built for new leadership to take the BOP Blow Out Preventer repair company gulf coast forward.

“I have thoroughly enjoyed my seven years at Ophir and am proud of what we have achieved together. Ophir has transformed from a high risk, frontier explorer to a sustainable, balanced, upstream company,” he said in a BOP Blow Out Preventer repair company gulf coast statement.

“I wish the staff, board and shareholders of Ophir all the very best for the future,” he added.

Cooper was appointed as an executive director and chief executive officer of Ophir in June 2011. Prior to joining Ophir, he was chief financial officer and co-founder of Salamander Energy plc.