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Carnarvon Petroleum appointment brings legal and commercial capabilities

Experienced oil and gas executive Gavin Ryan is appointed to the company’s board of directors.
Oil rig on North West Shelf
The company is very active on the prolific North West Shelf

Carnarvon Petroleum Limited (ASX:CVN) is strengthening its aggressive oil and gas exploration focus with experienced legal and commercial executive Gavin Ryan accepting an invitation to join the board of directors.

The new director has extensive legal and commercial skills in oil and gas gained through an extensive international career with organisations such as BHP Petroleum, BP, PTTEP and Shell.

READ: Carnarvon Petroleum surges 51% on oil discovery at Dorado-1 well on North West Shelf

Carnarvon’s chairman Peter Leonhardt said: “We warmly welcome Gavin to the board and look

forward to his contribution at a time of incredible growth in the company.

“As we focus on a number of developments in the business we felt the need to strengthen the legal and commercial skills of the board.”

The company is drilling two wells at the Phoenix project on the North West Shelf and is also active at the Buffalo project in the territorial waters of Timor Leste.

Ryan has experience in government dealings, production sharing contract negotiations and oil field construction projects.

 

Leonhardt added: “Gavin’s experience in oil field developments is particularly relevant and coincidently with him working on the Buffalo oil field whilst at BHP Petroleum.

“Gavin has also been involved in industry-related operations in the Timor Sea which we see as also being relevant to our plans in that area.”

Impressed with regional focus

Ryan said he had been impressed with the Carnarvon team’s strong regional focus and project portfolio.

“The company has demonstrated a performance and culture that appeals and I believe will stand it in good stead for the future.

“I look forward to contributing to that future and meeting with the shareholders at the forthcoming annual general meeting,” he said.

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Carnarvon Petroleum Ltd Timeline

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