Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Drillsearch Renews MD Contract, Discloses Employment Terms

change text size

Drillsearch Energy disclosed Thursday that it has extended the employment contract of its Managing Director Brad Lingo.

Lingo, who was appointed as Managing Director June 15, 2009, has agreed to enter into a new employment agreement.

Drillsearch's Chairman Jim McKerlie noted that Lingo's new remuneration package reflects his qualifications and experience while also reinforcing alignment with shareholder interests.

Lingo will draw $748,852 (AUD 725,000), inclusive of a superannuation of $25,833 (AUD 25,000), under his new employment agreement. In addition, Lingo will be able to earn up to an additional $309,870 (AUD 300,000) upon satisfaction of his annual targets.
 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.


More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  SapuraKencana-Linked Firms Bag $124M T... (Sep 2)
 -  CNOOC Posts 6.8% Rise in Net Productio... (Aug 29)
 -  Ruspetro Plans a Second Horizontal Wel... (Aug 29)
 -  SBI Offshore Negotiates with ME-Chines... (Aug 27)
 -  Shell Makes Gas Find at Marjoram-1 Wel... (Aug 26)
Most Popular Articles
From the Career Center
Jobs that may interest you
General Manager
Expertise: Executive, Operations Manager
Location: Darwin
 
Project Manager
Expertise: Project Management
Location: Sakhalin
 
Senior Technology Manager
Expertise: Technical Manager
Location: Aberdeen
 
search for more jobs