Gabon: Pura Vida seeks new boss


Issue 343 - 31 Mar 2017 | 1 minute read

Pura Vida Energy has announced the sudden departure of chief executive Damon Neaves. Non-executive chairman Simon Eley will take over temporarily and the board will seek a replacement before a planned three-well drilling programme on the Nkembe Block offshore Gabon. Pura Vida is looking for a partner to come up with around $17m for the drilling programme. On 17 March, the Australian Securities Exchange suspended the company’s shares from trading for failing to lodge half-year accounts for the six months to 31 December.

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