Valiant Petroleum swaps Deloitte for PwC

by Richard Crump

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09 Aug 2012

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An oil well

INDEPENDENT OIL & GAS company Valiant Petroleum has appointed PwC as its auditor.

PwC replaced Deloitte as auditor, following what the company described as a "competitive" tender process.

Deloitte consequently resigned and deposited a statement of the circumstances connected with its resignation, confirming there were no issues relating to the resignation that should be brought to the attention of creditors.

Valiant Petroleum was formed in 2004 with a strategy of building a diverse portfolio of development, appraisal and exploration assets in the UK North Sea, Norway and Faroe Islands.

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