Entek announced the appointment of Mr. Trent Spry as the Company's Chief Executive Officer and Managing Director.
Mr. Spry commenced with the Company in December 2008 as General Manager and has been involved in the Company's successful increase in production and reserves, both onshore and offshore since his appointment.
Mr. Spry has bought to the Company 20 years of global experience in the oil and gas industry. He has an excellent track record of finding oil and gas and identifying quality prospects and hydrocarbon plays. He has vast experience in Gulf of Mexico exploration and new ventures and global onshore experience, including characterization of super-charged petroleum systems such as those in Entek's Green River Basin portfolio.
Mr. Spry assumes the position of Chief Executive Officer from Mr. Russell Brimage, who has held the position since 2005. Mr. Brimage will remain on the Board in the position of Executive Director of Operations. The appointment of Mr. Spry as CEO and Managing Director is the culmination of a succession plan put in place by Mr. Brimage, in conjunction with the Board, and is a testament to their close working relationship.
The management changes will have immediate effect.
The Chairman of the Board, Mr Craig McGown, commented, "The Board of Entek is pleased to announce this appointment of Trent Spry as CEO and Managing Director. Not only does the Company gain a new leader with outstanding technical and management skills but also retains the experience and talents of Russell Brimage as Executive Director of Operations. The Board takes the opportunity to formally recognize the outstanding contribution which Russell Brimage has made to the Company over the past five years. During that period he has taken the Company from a very difficult financial position to a successful oil and gas producer in Australia, the Gulf of Mexico and onshore USA, with bright prospects for an exciting future."
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