New CEO for MEO Australia

Australian oil and gas company MEO Australia has appointed Peter Stickland, currently Exploration Manager, as its Chief Executive Officer effective 19th December 2014.

Jürgen Hendrich will step down as CEO and assume the position of Executive Director Special Projects until his departure from the company on 31st January 2015.

Stickland’s term is for 12 months with remuneration of $400.000 per year.

He has has over 24 year’s global experience in oil and gas exploration. Stickland was CEO of Tap Oil from 2008 until late 2010 during which time he oversaw the evolution of the company into a South East Asia/Australia focused E&P Company.

Prior to joining Tap Oil, according to MEO, Stickland had a successful career with BHP Billiton including a range of technical and management roles. Stickland is a Member of the Board of Australian Petroleum Production and Exploration Association Limited (APPEA).