Green Minerals names Ståle Monstad Chief Geoscientist & Head of Exploration.

Key points

  • Ståle Monstad has agreed to join Green Minerals as Chief Geoscientist & Head of Exploration.
  • He has more than 25 years of exploration and geological management experience, beginning his career at Norsk Hydro.
  • He spent over 10 years at DNO and DNO International as Chief Geologist and Director Subsurface, helping build a Norwegian portfolio that included the Johan Sverdrup and Ivar Aasen fields, and was involved in the Tawke Field discovery in Kurdistan.
  • He joins from Aker BP/Aker Energy, where he was Chief Geologist and Senior Vice President Exploration, and has been granted 200,000 warrants with a NOK 28 strike price exercisable after three years of service.

Green Minerals AS (“The Company”) is pleased to announce that Ståle Monstad has agreed to take up a position as Chief Geoscientist & Head of Exploration with the Company. Mr Monstad has more than 25 years of experience within exploration and geological management. He started his professional career in the exploration department of Norsk Hydro, gaining extensive experience in concession application work on the NCS. He continued in DNO and DNO International where he acted as Chief Geologist and Director Subsurface for more than 10 years. During this period he was instrumental in building up DNO’s Norwegian portfolio which later proved to contain fields like Johan Sverdrup and Ivar Aasen. He was also heavily involved in the discovery and development of the giant Tawke Field in the Kurdistan region of Iraq. Ståle Monstad joins Green Minerals from the position of Chief Geologist Aker BP/Senior Vice President Exploration Aker Energy.

Mr Monstad has been granted 200,000 warrants with a strike price of NOK 28 per share. The warrants may be exercised after three years of service to the Company.

Contacts: Ståle Rodahl

Executive Chairman

Ph: +47 4840 0593

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