Wessex Exploration chief David Bramhill bows out


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The Independent Online

David Bramhill, the oil executive who led Wessex Exploration on to the AIM, quit as chairman yesterday with immediate effect.

Wessex did not offer a reason for Mr Bramhill's departure, but said his contract would be paid up and that he would retain his share options.

Wessex received a £71m, 10p-a-share takeover bid from Total last month. It walked away.