Australia's AWE Appoints David Biggs as CEO to Succeed Bruce Clement

Australia's AWE Limited announced Friday the appointment of David Biggs as its new CEO and managing director, commencing early May 2016.

David has over 35 years of experience in the upstream oil and gas sector. He has worked extensively throughout Australia, New Zealand, Indonesia and the Americas with both large multi-national and smaller organizations.

He is currently CEO of Cue Energy Limited, a position he has held for the last 3 years. Prior to that David spent almost 20 years with BHP Billiton Petroleum, rising to the positions of vice president, Commercial and vice president, Land and Upstream Agreements, based in Houston. Part of these responsibilities included membership of the exploration leadership team. Prior to BHPB, he worked with the Natural Gas Corporation and the Petroleum Corporation of New Zealand.

David brings extensive experience in leadership, strategy and planning, business improvement, P&L management and commercial transactions, particularly M&A and gas marketing. He holds a tertiary qualification in law from Victoria University in Wellington.

Commenting on the appointment, AWE’s Chairman, Bruce Phillips, said:

“David is a proven CEO with a good track record of delivering profitable outcomes for his companies. The AWE board believes his leadership skills, very strong gas marketing background, and deep knowledge of the energy industry in Australia, New Zealand and Indonesia will be beneficial in delivering AWE’s future strategy.”

David Biggs said:

“I am delighted to take up this exciting opportunity. AWE has a quality, robust suite of assets, and there are significant opportunities to enhance and add further value to those assets going forward for the benefit of shareholders.”

David Biggs will succeed current CEO, Bruce Clement, who wishes to ensure a smooth transition in leadership of the Company.

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