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Directors Profile

Dr Peter Power - B. Sc, PhD - Non Executive Chairman

Dr Peter Power has over 40 years experience in hydrocarbon exploration worldwide in senior management positions with major international companies. He was previously Managing Director of Ampolex Limited prior to its acquisition by Mobil.

Dr Power was the foundation Head of Geology at the Western Australian Institute of Technology (now Curtin University). He was a member of the Bureau of Mineral Resources Review in 1984 and the Australian Geological Survey Organisation Review in 1993, a member of the Advisory Council for the National Centre for Petroleum Geology and Geophysics from 1985 - 90. He has served as President of the Australian Geoscience Council and as a councillor and Chairman of the Australian Petroleum Production and Exploration Association, which has awarded him both the Lewis G. Weeks and Reg Sprigg Gold medals and honorary life membership. He has been a consultant since 1997 and is currently a non-executive Director of Petsec Limited.

David WG Johnson - B.App.Sc(Geol), MBA, MAusIMM - Managing Director

David Johnson has 20 years experience in the minerals and petroleum sectors. His initial experience was working as a field geologist in exploration for gold in the south west Pacific. Subsequently, he worked in Australia, Africa, New Zealand and South America on a range of commodity types. Between 1992 and 1996 he also worked in corporate finance for resource related projects and companies. Since 1996 Mr Johnson has worked mainly in the area of project generation and development including that of the coal seam methane potential of the Clarence Moreton Basin.

 

Glenda McLoughlin - B.Ec, MBA - Chief Financial Officer

Glenda McLoughlin has over 20 years experience in investment banking, management consulting and industry policy working in Australia and internationally. Most recently she was the Head of the Utilities and Infrastructure group of Barclays Capital, the investment banking division of Barclays Bank plc. Prior to this Ms McLoughlin was a Vice President of international investment bank Morgan Stanley based in Melbourne and Singapore. Ms McLoughlin has competed over $8 billion in advisory assignments and financings and brings specialist skills in corporate financial advice and debt and equity capital raisings. She has been involved in major energy sector transactions and has provided financial advice to corporations and Governments on energy sector restructurings, acquisitions, divestments and financings.

Rick Wood - B Eng(Mining) - Director, Engineering & Operations

Rick Wood has over 30 years experience in engineering and operations in the upstream oil and gas industries. Mr Wood spent 18 years with Esso Australia Limited including drilling, production and project assignments in the Bass Strait, USA and Japan. He subsequently joined Ampolex Limited. As General Manager Operations for Ampolex he completed a number of major assignments including the planning and development of the Lufung offshore petroleum field in China, the development of the Wandoo offshore petroleum field in Western Australia and acting Joint Venture representative for the development of the Kutubu oil field in Papua New Guinea. Since that time he has acted as a project management consultant for a number of companies including: ExxonMobil Corporation, Hitachi Zosen Corporation in Japan, ROC Oil Pty Ltd, Worley Ltd and Keppel Energy in Singapore.

Nicholas Heath -“ B. Eng (Chem), MAICD, FIChemE, SPE

Nick Heath has over 30 years experience in in the petroleum industry with the ExxonMobil group of companies.

He was involved in the early development and commissioning of Esso's Gippsland basin oil and gas fields offshore Victoria. In 1985, he became Esso's Production Manager for the Gippsland operations at a time of peak activity and record oil production. Mr Heath subsequently became a Director of ExxonMobil Australia Pty Ltd with responsibility for Gas and Power marketing.

Mr Heath has served as Chairman of the Australian Petroleum and Production Association, which awarded him the Reg Sprigg Gold Medal and honorary life membership. For many years he was chairman of APPEA's Energy Policy Committee.