leadf
logo-loader
viewBuru Energy Ltd

Buru Energy bolsters growth strategy with new board appointments

The three new directors bring very strong skill sets to the board, including high-level technical skills, as well as deep experience in finance, project development, renewable energy and the transition to an integrated energy future.

Buru Energy Ltd - Buru Energy bolsters growth strategy with new board appointments
Buru is embarking on one of the most significant growth phases in its recent history.

Buru Energy Limited (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) has appointed three independent non-executive directors to the board, effective today.

The appointments of Ms Joanne Kendrick, Mr Malcolm King and Ms Samantha Tough will strengthen the company’s board at a critical time in Buru’s growth and coincides with the pending retirement of Ms Eve Howell, a long-serving non-executive director.

The three new directors bring very strong skill sets to the board, including high-level technical skills, as well as deep experience in finance, project development, renewable energy and the transition to an integrated energy future.

These skill sets complement and enhance the current board capabilities as the company embarks on one of the most significant growth phases in its recent history.

Subsequent to the retirement of Ms Howell on March 31, Buru’s board will comprise:

  • Mr Eric Streitberg - Executive Chairman
  • Ms Joanne Kendrick - Independent Non-Executive Director
  • Mr Malcolm King - Independent Non-Executive Director
  • Ms Samantha Tough - Independent Non-Executive Director
  • Mr Robert Willes - Independent Non-Executive Director

Next phase of growth

Buru executive chairman Eric Streitberg said: “I am delighted that such highly experienced and strategically focused Directors have agreed to join the Buru Board to help guide the Company through the next phase of its growth, starting with the very exciting 2021 exploration drilling program.

“Our asset base provides a strong platform for Buru’s participation in the evolving integrated energy economy and I look forward to working with the expanded Board to ensure the Company takes full advantage of the opportunities before us.

“I would like to especially thank Eve for her wise counsel and support over many years, and the benefit of her deep knowledge of the industry that she unstintingly brought to the Board.

“On behalf of the Board and everyone at Buru, I wish her well on her retirement.”

Directors particulars

Joanne Kendrick

Joanne is an experienced industry professional with more than 25 years’ experience in technical and executive roles with Woodside Petroleum, Newfield Exploration, Gulf Canada, Clyde Petroleum and Nido Petroleum.

Joanne has been directly responsible for managing production operations, exploration drilling and development projects, capital raisings, asset transactions and joint venture interests throughout her career; including as Deputy Managing Director at ASX-listed Nido Petroleum for seven years.

She is currently the Managing Director of Blue Star Helium (ASX: BNL), a Perth-based helium exploration and development company focused on activities in North America.

Joanne is a Petroleum/Reservoir Engineer holding a Bachelor of Engineering (Hons) from the University of Adelaide and is a member of the Australian Institute of Company Directors (AICD).

Malcolm King

Malcolm has 35 years of upstream oil and gas experience, mostly with Shell in technical, commercial and leadership roles across Asia and Australia.

His Shell experience spans the Exploration & Production and Gas & Power businesses, participating in and leading exploration and M&A campaigns, and working extensively in LNG operations, business development and market development.

More recently Malcolm led Senex Energy’s commercial and business development functions for the Cooper Basin oil and Queensland coal seam gas businesses.

He currently provides consulting services to the energy industry and is an independent director on the board of Triangle Energy (Global) Ltd (ASX: TEG).

Malcolm has a Bachelor of Applied Science (Geology) degree from the University of Southern Queensland and a Master of Science (Petroleum Geology) from the University of Aberdeen, Scotland.

Samantha Tough

Samantha has extensive experience across the energy and resources sectors and held senior executive roles at Woodside Petroleum, Hardman Resources and the Commonwealth Bank.

She is a director of the Clean Energy Finance Corporation and COAG National Energy Selection Panel.

She is the Pro Vice Chancellor of Engagement at the University of Western Australia and Chair of Horizon Power.

She has detailed knowledge of regional Western Australia and has served on the boards of several businesses and non-government organisations.

Samantha brings to Buru a broad understanding of the oil and gas industry and a strong contribution to Buru’s ability to access the wider opportunities in the energy sector.

Samantha completed a Bachelor of Laws and Bachelor of Jurisprudence at the University of Western Australia and worked as a barrister and solicitor before progressing to the commercial sector.

Quick facts: Buru Energy Ltd

Price: 0.135 AUD

ASX:BRU
Market: ASX
Market Cap: $58.33 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Buru Energy Ltd named herein, including the promotion by the Company of Buru Energy Ltd in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Buru Energy updates on new board appointments and planning for 2021 work...

Buru Energy Limited's (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) Eric Streitberg caught up with Proactive's Andrew Scott soon after announcing they've appointed three new independent non-executive directors to the board. He says the appointments of Ms Joanne Kendrick, Mr Malcolm King and Ms Samantha...

1 week, 6 days ago

4 min read