Erin Energy announces management changes

Erin Energy Corp. recently made changes to its management team.

Segun Omidele, senior vice president of exploration and production, was appointed COO. He has been with Erin Energy since 2011 and recently headed the company’s technical team in its deepwater drilling and completion campaign of the Oyo-7 and Oyo-8 wells in offshore Nigeria.

Omidele has more than 35 years of experience in the oil and gas industry, including 28 years with Shell Oil companies in Nigeria, the United Kingdom and United States.

Daniel Ogbonna is Erin's new senior vice president and chief financial officer. Before coming to Erin he worked for CAMAC International Corp. (CI), where he was executive vice president and chief strategy officer since 2010 and led CI’s business development and M&A activities.

Ogbonna has also worked for Limited Brands, Deloitte Consulting and JP Morgan Securities. He earned a master's degree in business administration from Harvard Business School and a master of science degree in mechanical engineering from the University of Michigan.

Christopher Hearne resigned as senior vice president and CFO of Erin effective Sept. 9; he will work with Erin Energy as a consultant during the transition period.

Chris du Toit has been named Erin's vice president of corporate finance and country manager for South Africa. He has been with the company since 2014 and led corporate finance efforts in Africa following Erin Energy’s listing on the Johannesburg Stock Exchange last year.

Du Toit will oversee the company’s corporate finance efforts in Europe, the Middle East and Africa. He brings more than a decade of investment banking experience in mergers, acquisitions, divestitures, capital-raising and corporate advisory in the oil and gas industry.

Prior to joining Erin Energy, he was vice president in Macquarie Capital’s resources team and was responsible for oil and gas advisory and equity capital markets in Sub-Saharan Africa.

Christopher Heath has been named vice president of corporate finance. He has been with the company since 2013 and has served in corporate finance and investor relations roles and will now be responsible for Erin Energy’s corporate finance efforts in North America.

He brings to Erin a decade of corporate finance experience as well as seven years of investment banking experience. Before joining Erin Energy, he was assistant vice president of finance at Magnum Hunter Resources.

Erin Energy is an independent oil and gas exploration and production company focused on energy resources in Sub-Saharan Africa.



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