HUGE news out with the old incompetent Mgmt ..in with new team ...
New #1 -Conrad Todd BSc Geology MSc Stratigraphy Mr Todd has over 40 years’ experience in Oil and Gas exploration and development. He has worked as Exploration and Development Manager for Cooper Energy and Lundin in Malaysia. In Indonesia he was Chief Geophysicist and New Business Manager for LASMO and in Oman was Chief Geophysicist for Occidental. During his time at Lundin in Malaysia he ran the subsurface team which produced 20,000 bopd from a complex mixed oil and gas field. Whilst at Cooper, he ran the geoscience department during a period of growth when the market cap went from $20 million to $200 million.
Bring it on TEG should well re-rate from here ...securing "Conrad Todd" has got to be a positive ...I'm sure he wouldn't have jump on board unless he seen upside to TEGs operations ...might be the right team to see TEG going in the right direction with AUD Oil 132bbl never a better time to secure J/V drilling partner / Oil offtake agreement
Ann: Board and Management Changes, page-4
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