Tuesday, 15 March, 2016 - 10:47
Chief out as Tap Oil restructures
Troy Hayden will step down from the helm of Tap Oil as the company swings the axe on jobs and operations so it can meet its now-restructured debt repayment obligations.
Michael Sandy is a geologist with more than 40 years of experience in the resources industry, mainly in oil and gas. He held executive roles with Oil Search and Novus Petroleum, worked as a consultant to various companies including Mobil and BHP, held executive board roles with Pan Pac Petroleum, Burleson Energy and Caspian Oil and Gas, and was non-executive director of Hot Rock and Tap Oil. He was involved as a founder of Novus, Burleson and Hot Rock. Mr Sandy is a non-executive director of Melbana Energy and is a Member of AICD, AAPG and PESA.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1605th | Camplify Holdings">Camplify Holdings | -59.24% | 0% |
1606th | Superior Resources">Superior Resources | -59.64% | 7.58% |
1607th | Melbana Energy">Melbana Energy | -59.69% | 21.78% |
1608th | Cosmo Metals">Cosmo Metals | -59.69% | 0% |
1609th | Seafarms Group">Seafarms Group | -59.79% | -51.9% |
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REMUNERATION UPDATE: Non-Executive Director, Melbana Energy | 03 Nov 2020 |
Troy Hayden will step down from the helm of Tap Oil as the company swings the axe on jobs and operations so it can meet its now-restructured debt repayment obligations.
Tap Oil says it expects to resolve outstanding disputes with a dissident shareholder after announcing a major restructure that will see the current chairman retire and three new directors join the board.
Sam Lee has been appointed a non-executive director of Gulf Manganese Corporation. He was also appointed to the board of commissioners of PT Gulf Mangan Grup, Gulf’s Indonesian subsidiary.
Our board moves wrap includes Sanela Karic, Michael Rawlinson, Peter Bilbe, David Salisbury, Roy Shipes, Luke Watson, Simon Robertson, Neil Gregson, Paul Donaldson, Andre Liebenberg, Kate Vale, Karen Wellman, Stephen Harrison, Anthony Hamilton, Michael Sandy, Peter Muccilli, David Frances, Brandon Munro, and David Minchin.
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