Tap Oil Limited announces the appointment of Mr Peter Stickland to the Board of Directors of the Company, effective as of 11 February 2009. Mr Stickland is presently the Company’s Chief Executive Officer and will assume the role of Managing Director in conjunction with his current role.
Tap’s Chairman, Mr Neale Taylor said that: “The Board is pleased to welcome Peter as a member. He has shown strong leadership ability over the past year in his role as CEO and Peter’s mix of skills and energy will complement those of the existing Board and provide the Board with executive representation.”
Mr Stickland joined Tap in 2005 as Exploration Manager after a successful career in Australia and overseas with BHP Billiton Petroleum and was appointed CEO at the beginning of 2008.
Mr Stickland said: “I welcome the opportunity to join Tap’s Board of Directors and to continue to lead the Company into the future. I look forward to working with the Board in growing the value of the Company. Tap is fortunate to have an excellent group of staff, quality assets and a solid financial position. As a team we are committed to not only meeting the challenges presented by the current business environment, but also to delivering future rewards to our shareholders.”
Further to the above, the Company advises that Mr Matthew Worner is now the Company’s sole Secretary; Mr Damon Neaves has resigned as Joint Company Secretary to concentrate on his growing role as Tap’s Commercial Manager. Tap thanks Mr Neaves for his contribution as Secretary and looks forward to his continuing role with the Company.
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