NZO
10/03/2015 16:04
OFFICE
NOT PRICE SENSITIVE
REL: 1604 HRS New Zealand Oil and Gas Limited
OFFICE: NZO: Change in senior management roles
Two changes have been made to the New Zealand Oil & Gas senior management
team.
Andrew Jefferies, who was previously Vice President of Operations and
Engineering will takeover responsibility for exploration and becomes Vice
President for Exploration and Production.
Dr Chris McKeown joins the senior management team as General Manager,
Southeast Asia. He was previously Business Development Manager.
New Zealand Oil & Gas chief executive Andrew Knight says the appointments
align the company's management with its focus on cost effectiveness and
maximising value from its current portfolio.
"We are focusing on creating more value from our existing assets with a more
efficient and cost effective structure.
"In this environment it makes sense to combine responsibility for our
exploration and operations activity.
"It is also the right time to establish a new role with responsibility for
managing our assets located outside New Zealand following our drilling
success in the Kisaran production sharing contract and the expansion of our
portfolio in Sumatra."
Dr McKeown joined New Zealand Oil & Gas in 2012. He has previously been chief
executive of a start-up oil company, asset manager of a producing oil field,
and general manager of a gas exploration company. Chris moved to New Zealand
in 2002 after working in business development and reservoir engineering in
the UK. He has PhD in Geology.
Andrew Jefferies started his career with Shell in Australia after graduating
with a BEng (Mechanical Hons) from the University of Sydney in 1991. He has
worked in Australia, Germany, the United Kingdom, Thailand and Holland, in
operations and petroleum engineering. He has an MBA (technology management)
from Deakin University in Australia, and an MSc (Petroleum Engineering) from
Heriot-Watt University in Scotland. He joined New Zealand Oil & Gas in early
2013.
John Pagani
External Relations Manager
+64 21 570 872
End CA:00261659 For:NZO Type:OFFICE Time:2015-03-10 16:04:49
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