Perth-based oil junior Impress Ventures Ltd has announced the departure of the company's CEO Rob Hall.
Perth-based oil junior Impress Ventures Ltd has announced the departure of the company's CEO Rob Hall.
Mr Hall is leaving the company for personal reasons and will remain available in the short term to assist in the finalisation of a number of ongoing company projects.
Mr Hall will be replaced by Eddy Buckovic who will be joining the company in August 2006 and has significant industry experience and has been a key figure working on significant projects at BP, Woodside and most recently BHP Billiton.
Below is the full announcement:
COMPANY CHANGES
Impress wishes to announce the unfortunate departure as from Friday
16 June 2006 of Mr Rob Hall (the Company's present CEO). Rob is leaving
the Company for personal reasons and will remain available in the short
term to assist in the finalisation of a number of ongoing Company
projects.
Although Rob has only been with Impress for a short period (February
2006) he has contributed significantly in consolidating the company assets
into the now material 40% interest level and has instituted essential
procedures and planning within the organisation. These procedures have
help lay the future foundations for Impress to grow and develop.
Impress's Chairman Eddie Smith advised "I am delighted to announce the
appointment of Mr Eddy Buckovic who will replace Rob as CEO. Eddy will
be joining the company in August 2006 and has significant industry
experience and has been a key figure working on significant projects at
BP, Woodside and most recently BHP Billiton. Eddy has been involved in all
facets of the oil and gas industry including exploration, well analysis,
prospect definition, joint venture partner negotiations, development and
gas marketing. I am certain with his expertise he will be influential in
developing not only our resources in the Eromanga/Cooper Basin but also
more importantly the next phase of corporate development.
I look forward to Eddy joining the Impress team and wish Rob every
success in his future endeavours."
