DALLAS--(BUSINESS WIRE)--Nov. 13, 2014--
Sky Petroleum, Inc. (OTCBB: SKPI), a United States public oil and gas
company engaged in the business of acquisition, development, exploration
and production of oil and natural gas reserves, announced today the
appointment of Muriel Dube to serve as a member of the Board of
Ms. Dube has over 15 years experience in senior operations, strategic
management, investment banking and the policy development environments,
globally. Positions held span the public and private sectors, as well as
broadcasting and writing, negotiating at the United Nations on
technology transfer; advising Ministers and policymakers on complex,
politically sensitive issues; building consensus among diverse groups of
stakeholders; raising capital and negotiating acquisitions and mergers
in large commercial organizations.
Ms. Dube is currently engaged at London-based investment bank, Investec
Plc. As part of the Specialist Corporate Capital team, her role is to
originate financing transactions for acquisition and recapitalisation
activity in Europe and, more generally, to initiate value generating
opportunities for the Bank. Prior to joining Investec (April 2009), Ms.
Dube worked as Vice President-Strategy at London-based Environmental
Services Investment Firm, SFM.
Before broadening her experience in the private sector, she served as a
Director in the Department of Environmental Affairs and Tourism (DEAT).
As one of South Africa’s leading environmentalists, Ms. Dube has
published several articles on sustainable development. On the
multilateral front, Ms. Dube has served as Chief Negotiator for the
South African Government in major international climate negotiations and
as the Africa representative on the United Nations Expert Group on
Ms. Dube is a former non-executive director of JSE-listed Bidvest (Sep
2003-Nov 2012). She currently holds Non Executive Directorships on the
holdings boards of Aim-listed Flourmin Plc, and Enviroserv (the largest
waste management company on the African continent). She has also served
on the Enviroserv Audit Committee from 2002 until 2008.
“We are delighted to welcome Muriel to Sky Petroleum’s Board of
Directors,” said Karim Jobanputra, Sky Petroleum’s Chief Executive
Officer. “She is a future global leader, and her extensive knowledge of
the Environment and Investments will be invaluable on several levels, as
Sky Petroleum continues to make progress with its strategy of working in
the Maghreb – Tunisia, Morocco and extending to Southern Areas of the
About Sky Petroleum
Sky Petroleum (OTCBB: SKPI) is an oil and gas exploration company. Sky
Petroleum's primary focus is to seek opportunities where discoveries can
be appraised rapidly, and developments can be advanced either by
accessing existing infrastructure, or by applying the extensive
experience of established joint-venture partners. In addition, the
Company also plans some higher risk, higher reward exploration
prospects. For additional information please visit www.skypetroleum.com.
Except for historical information, the matters set forth herein, which
are forward-looking statements, including the focus of Sky Petroleum’s
business and its ability to implement its business strategy. Forward
looking statements involve certain risks and uncertainties that could
cause actual results to differ. Potential risks and uncertainties
include, but are not limited to, government regulation, enforceability
of contractual rights, the competitive environment within the oil and
gas industry, the extent and cost effectiveness with which Sky Petroleum
is able to implement exploration and development programs in the oil and
gas industry, obtaining drilling equipment on a timely fashion,
commodity price risk, and the market acceptance and successful technical
and economic implementation of Sky Petroleum's intended plan. Additional
discussion of these and other risk factors affecting the Company's
business and prospects is contained in the Company's periodic filings
with the SEC.
Source: Sky Petroleum, Inc.
Sky Petroleum, Inc.
Investor and Public Relations, 972-361-8444