Stuart Lake, the CEO of African Petroleum (OSE:APCL), is stepping down for health reasons. He will be replaced by the current COO, Jens Pace. Jens has over 30 years’ industry experience, including roles at BP (LONDON:BP) (and previously Amoco), latterly as VP of exploration (North Africa). His experience in a multitude of African countries and as the COO at APCL since October 2012 means he should be well placed to take the reins from Stuart. We wish Mr Lake a swift recovery.