John Begg

AUSTRALIA needs cheaper oil, and a cast of smaller companies has put reputations on the line this summer in the search for new fields in the offshore Perth Basin near Dongara.

Local petroleum executive John Begg is planning to list his recently formed private company, Bombora Natural Energy, after striking a deal to farm-in to UIL Energy’s Perth Basin tenement.

Two days after Magnum Gas & Power ended plans to acquire private company Bombora Natural Energy, Perth-based Zeta Petroleum has revealed its own merger plans with the target.

A third party has made a play to acquire private company Bombora Natural Energy, after Zeta Petroleum backed out of its takeover plans with the target yesterday.

Pancontinental Oil & Gas has made changes to its board and executive line-up after completing its acquisition of private company Bombora Natural Energy.

Birimian has appointed Mark Hepburn as chief executive and Brendan Borg as non-executive director. Mr  Hepburn has over 28 years of corporate and financial markets experience for Institutional Stockbroking and Derivatives Trading desks for major financial institutions.

Our daily board moves wrap includes Richard Petty, Tim Naylor, Ian Gregory, Robert Ierace, John Begg, Neville Bassett, and Glen Watts.

Our board moves wrap includes John Begg, Andrew Childs, Damon Cox, and Laura Woods.