MEO Australia Limited is pleased to announce that Mr Peter Stickland, currently Exploration Manager, will assume the position of Chief Executive Officer effective 19 December 2014. Concurrently, Mr Jürgen Hendrich will step down as CEO and assume the position of Executive Director Special Projects until his departure from the company on 31st January 2015.
The major terms of employment for Mr Stickland are as follows:
- Term : 12 months commencing 19th December 2014
- Remuneration : US$400,000 per annum (inclusive of superannuation)
- Notice Period : Three months by either party
Mr Stickland has over 24 years global experience in oil and gas exploration. Peter was CEO of Tap Oil Limited from 2008 until late 2010 during which time he oversaw the evolution of the company into a South East Asia/Australia focused E&P Company. Prior to joining Tap Oil, Peter had a successful career with BHP Billiton including a range of technical and management roles. Peter is a member of the Board of Australian Petroleum Production and Exploration Association Limited.
Adapted from press release by Joe Green
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/12122014/meo-australia-limited-appoints-chief-executive-officer-1996/