Wellesley Petroleum AS, an oil and gas explorer focused on the Norwegian Continental Shelf appoints Kari Langvik Østhus to lead the company in Norway as the operator enters a new phase of activity.
Kari Langvik Østhus (36) is a co-founder of Wellesley and has previously worked as an exploration geophysicist with Revus Energy, Wintershall and Cairn Energy. More recently, Kari has taken responsibility for managing Wellesley’s new venture projects.
– Kari has demonstrated very strong managerial talent in her most recent role. That, coupled with her deep understanding of exploration, makes her the ideal candidate to lead our Norwegian business forward, says Chris Elliott, CEO of the Wellesley Group.
Reflecting Wellesley’s strategy and future growth plans, the current Norway Country Manager, Callum Smyth (50) will take the post of Operations and HSE Manager.
– The changes in the management team reflect the new phase that the company is entering. It allows us to orientate towards a more operator-focused model, assuming responsibility for drilling of exploration targets matured in our licence portfolio, Elliott explains.
Wellesley has recently completed its first operated well (33/9-22S, Northern North Sea), two and a half years after the company was established.
About Wellesley Petroleum
Wellesley Petroleum is an independent oil company focused on exploration on the Norwegian Continental Shelf (NCS). Wellesley is a qualified operator on the NCS and has built an attractive acreage position to enable the company to be an active participant in exploration drilling in the coming years.
Wellesley is funded by Bluewater Energy LLP and associates, specialist investors in the energy sector.