Sign up Australia
Proactive Investors - Run By Investors For Investors

Liquefied Natural Gas Ltd outlines changes at Bear Head LNG

Liquefied Natural Gas Ltd outlines changes at Bear Head LNG

Liquefied Natural Gas Limited (LNGL) (ASX:LNG, OTC ADR:LNGLY) has made some executive management changes at the wholly-owned Bear Head LNG.

Bear Head LNG proposes to develop an 8 mtpa or greater liquefied natural gas export facility in Richmond Country on the Strait of Canso, Nova Scotia, Canada with potential for further expansion.

Maurice Brand, managing director and chief executive officer of LNGL, the parent company to Bear Head LNG Corporation and Bear Head LNG, outlined a transition in project management of the company's liquefied natural gas export facility.

John Godbold, chief operating officer and project director, and Ian Salmon, chief financial officer for Bear Head LNG, respectively, are leaving to pursue outside opportunities.

Brand stated: “We appreciate John and Ian introducing the Bear Head LNG project opportunity to LNGL.

"Since our acquisition in August 2014, they have been instrumental in guiding the development of Bear Head through a complex permitting and regulatory process and establishing a strong and experienced project team in Canada and the U.S.

"The Bear Head LNG project is well positioned to move forward on all the necessary commercial agreements.

"LNGL executives and I will be in Nova Scotia next month to speak with the many key stakeholders, including politicians, regulators, contractors, and the local team, to assure a smooth transition and to reiterate LNGL’s strong commitment to see Bear Head LNG through to construction and operations."

John Baguley, recently appointed as chief technical officer for LNGL, will take over executive management responsibilities and work with the Bear Head LNG project team, and Brand will continue as President of the Bear Head LNG project companies.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.



Register here to be notified of future LNG Company articles
View full LNG profile

Liquefied Natural Gas Timeline

Related Articles

Powerhouse.jpg
February 14 2017
Its G3-UHt system transforms rubbish into electricity with no toxic by-products and effectively zero greenhouse gases.
picture of oil wells
November 02 2016
Investors were impressed by the progress sending the shares up by 37% at one point, before they settled back down to a 14% rise to 3.45p
oil barrels and an oil rig
August 18 2016
The oil and gas firm says it is “delighted” after having received its first payment for the gas supplied to the Tanzania Petroleum Development Corporation

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use