Australia's PPP CEO Tom Prudence Steps Down, Firm Not Seeking Replacement

Pan Pacific Petroleum NL (PPP) announced Monday that its CEO Tom Prudence will leave the exploration and production firm focused on New Zealand, Australia, Vietnam and Timor Leste-Australia Joint Petroleum Development Area Tuesday.

The Australia-based company indicated that it will not fill the CEO position.

"The Company's current commitments no longer justify a full time CEO and Grant Warner, a Director of PPP, will take on the part-time role of representing PPP in all Joint Venture matters. The Company has today entered into an agreement with wOrner Pty Ltd. a company associated with Worner," PPP said in a press release.



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

WHAT DO YOU THINK?

Click on the button below to add a comment.
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.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Report: Hiring Managers See Salaries S... (Mar 23)
 -  Repsol Chooses Atlas for Onshore, Offs... (Mar 23)
 -  OGA Awards 25 Licences for 111 UKCS Bl... (Mar 23)
 -  UK Minister Brands Oil Worker Discrimi... (Mar 23)
 -  Analyst Sees Possible Crest for US Gas... (Mar 22)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Compensation Specialist - Houston
Expertise: Financial Analyst|HR - General
Location: Houston
 
Human Resources Associate - Brighton, Colorado
Expertise: HR - General
Location: Brighton, CO
 
Project Coordinator, Pipeline Construction
Expertise: Project Management
Location: Spring, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours