Carnarvon adds new board member

Business & Finance

Australian oil exploration company Carnarvon Petroleum has named a new member of the company’s board of directors.

Carnarvon assets; Source: Carnarvon

Carnarvon said on Wednesday that Gavin Ryan accepted an invitation to join its board of directors.

According to the company, Ryan is a lawyer who has extensive legal and commercial skills in oil and gas gained through an extensive international career with organizations such as BHP Petroleum, BP, PTTEP, and Shell.

The company added that his experience in government dealings, production sharing contract negotiations, and oil field construction projects would be invaluable.

Carnarvon’s chairman, Peter Leonhardt, said: “As we focus on a number of developments in the business we felt the need to strengthen the legal and commercial skills of the board.

“Gavin’s experience in oil field developments is particularly relevant and coincidently with him working on the Buffalo oil field whilst at BHP Petroleum. Gavin has also been involved in industry-related operations in the Timor Sea which we see as also being relevant to our plans in that area.”

Regarding his appointment, Ryan added: “I have been impressed with the Carnarvon team’s strong regional focus and project portfolio. The company has demonstrated a performance and culture that appeals and I believe will stand it in good stead for the future.”