🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Empire Energy appoints Australian onshore gas expert as chief operating officer

Published 02/07/2024, 02:12 pm
Updated 02/07/2024, 02:30 pm
© Reuters.  Empire Energy appoints Australian onshore gas expert as chief operating officer

Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) expects to enhance its transition from gas explorer to producer following the appointment of experienced Australian onshore unconventional gas specialist Chris White as chief operating officer (COO).

White has 25 years of experience commercialising and developing Australian onshore unconventional gas resources and is expected to play an important role in bringing Empire’s Beetaloo Basin assets in the Northern Territory to commercial production.

Origin Energy experience

He joins the company after 18 years at Origin Energy where he served as general manager Upstream Growth, general manager Exploration and New Ventures, group manager Field Development Optimisation, Production Optimisation manager and Petroleum Engineering Team leader.

Prior to Origin, White was a project manager for gas infrastructure projects at Laing O’Rourke UK and a Petroleum Engineer at Queensland Gas Company.

“Perfectly suited”

Managing director Alex Underwood said: "The Empire team is delighted that Chris is joining us as our chief operating officer.

"His skills and experience are perfectly suited to drive forward the successful execution of Empire’s staged growth strategy focused on unlocking the enormous potential and scale of Empire’s Beetaloo Basin assets.

"Following Empire’s recent successful capital raise, the team is actively preparing for our upcoming 2024 pilot development drilling program.”

Track record

Chris White, who has a Bachelor of Engineering (Petroleum) from the University of NSW, has a demonstrated track record leading multi-disciplinary teams and has been instrumental in proving the commerciality of onshore unconventional gas resources in Queensland.

In doing so, he has driven rapid reserves growth, built production to export scale, delivered production outcomes exceeding FID assumptions to fill two Australia Pacific LNG trains at Gladstone, delivered successful exploration campaigns across multiple basins including the Beetaloo Basin, and helped deliver multi-billion dollar investments by attracting joint venture partners.

"We expect to make further announcements to the market soon as we finalise gas sales negotiations, execute drilling and stimulation contracts, and prepare to commence field activities,” Underwood added.

"Chris’ addition to the team will benefit these initiatives.”

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.