BHP Appoints President Production

BHP Billiton Petroleum has appointed Timothy J. Cutt as President Production for its global petroleum business. He will be based in Houston and will direct the company's worldwide oil and gas production activities.

BHP Billiton's Chief Executive-Petroleum, J. Michael Yeager, said Mr. Cutt brings extensive experience in petroleum production operations from a wide range of operational conditions and challenging environments.

"Tim will be responsible for the leadership and management of our producing operations worldwide, allowing us to continue our drive for greater performance in the areas of safety, equipment reliability, reservoir depletion and unit operating costs. As we move forward in the coming year with new and expanding production operations in the Gulf of Mexico, Australia and Asia - including an increasing number of projects where BHP Billiton Petroleum is the operator - Tim's experience and functional excellence in production will help us achieve those goals," he said.

Mr. Yeager said Mr. Cutt would serve on the executive leadership team of the petroleum business and direct a team conducting production activities across six continents.

Mr. Cutt was previously employed with ExxonMobil as President of ExxonMobil de Venezuela, President of ExxonMobil Canada Energy, and President of Hibernia Management & Development Co. His career in the oil and gas industry began with Mobil Oil Corporation, where he held positions in engineering, operations and senior management.

Mr. Cutt is a graduate of Louisiana Tech University with a bachelor's degree in petroleum engineering.