Looks like DVM are at last getting serious.
With a fulltime CEO and new office base in Perth, $3.5 million in the kitty and the JV with PetroChina still sitting there there are plenty of opportunities on the horizon.
A new Chairman as well as Kestrell steps aside.
Burgess picked up a very handy collection of oil and gas assets for NWE during his time there so he has plenty of history in the industry.
It would be very interesting if they could put their foot on a decent deal to get the ball rolling. Share price seems to have found some support of recent, lets see what they can do now.
appoints former norwest ceo : chasing oil
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