Tuesday, 3 January, 2023 - 13:05
Hancock lifts Warrego stake
Gina Rinehart’s Hancock Prospecting has lifted its stake in Perth Basin gas play Warrego Energy to 25.9 per cent as a stand-off looms with rival bidder Strike Energy.
Mark Routh
Mark Routh has over 35 years of experience in the oil & gas industry, covering commercial/asset management and area management. He holds a Master of Science in Petroleum Engineering from Imperial College. Mr Routh was the founder and managing director of CH4 Energy from 2002 until 2006, when it was acquired by Venture Production. He also spent 10 years with Hess in the UK, 6 years with BP in the UK, and 5 years with Schlumberger in South East Asia and the UK. Mr Routh became chair of Warrego Energy in October 2010 and moved to a non-executive director role after its merger with Petrel Energy in 2019.
