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    UKOOA welcomes Paladin Resources

    Organisations and Associations // August 1, 2003
    Paladin Resources plc, one of the new wave of independent North Sea oil and gas operators, has joined the UK Offshore Operators Association (UKOOA), the representative body for exploration and production companies in the UK continental shelf (UKCS).

    Welcoming Paladin as a new member, Steve Harris, acting director general, said: "UKOOA's membership is changing, reflecting the increasing diversity of oil and gas companies now operating in offshore Britain. UKOOA's recent reorganisation acknowledges the changes taking place and repositions the Association in preparation for the demands of our members in the next phase of the North Sea's life."

    Roy Franklin, chief executive of Paladin Resources plc, said: "Following the recent acquisitions from BP and Amerada Hess, Paladin now operates the Arbroath, Montrose and Arkwright oil fields in the central sector of the North Sea. We are delighted to bejoining UKOOA at this stage in the company's development and look forward to making an active contribution to the Association."

    UKOOA has 29 members. Bruce Dingwall of Venture Production plc is currently president of the UKOOA council.

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