Australian energy company WHL Energy Limited (WHL Energy or the Company) announced Wednesday the appointment of highly experienced finance executive Faldi Ismail to its Board of Directors.
Ismail is initially taking up the role of interim non-executive chairman following the departure of Trevor Benson, who has elected to resign due to an increased international travel commitment in his full-time employment.
With significant cross-border experience and having advised on several overseas transactions including the structuring of acquisitions and joint ventures in numerous countries, Ismail brings additional expertise to the WHL Energy at a critical time in the Company’s growth path.
Ismail is currently the CEO and deputy chairman of dual listed Kalimantan Gold Corporation Limited and is also the founder and operator of Otsana Capital, a boutique advisory firm specializing in mergers and acquisitions.
WHL Energy Executive Director, David Rowbottam, said that the appointment of Ismail was a significant step forward for the Company.”
“With the quality farm-out and seismic option agreements recently reached over our La Bella gas and condensate asset and farm-out negotiations continuing for our Seychelles project, Faldi’s experience will be invaluable as the Company begins to looks toward new venture and growth opportunities. WHL Energy is now on a clear path of transformation from being an explorer to a potential producer and we look forward to working with Faldi to complete that transition.”
“WHL Energy would also like to thank Trevor for his contribution to the Company’s progress and wishes him the best in his future endeavors.”
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