Pursuant to Australian Energy Producers’ Constitution, Directors are generally required to retire every three years on a rotational basis and may stand for re-election at that time. In addition, Directors must also retire and may stand for re-election if they were appointed to fill a casual vacancy during the year.
This year, six (6) vacancies have arisen from the maximum 16-member Board. These vacancies will be filled by nomination and by election if required, with the results to be announced at the Australian Energy Producers’ Annual General Meeting on 21 November 2024.
Retiring Directors due to being appointed to fill casual vacancy Cl 10.5(b)(ii)(A) are:
1. Kevin Gallagher, Santos
2. Fiona McLeod, ConocoPhillips Australia
3. Brett Woods, Beach Energy
4. Simon Younger, ExxonMobil Australia
Retiring Directors due to being longest in office Cl 10.5(b)(ii)(B) are:
5. Noel Newell, 3D Energi
6. Ken Yamamura, Mitsui E&P Australia
Nominations are therefore called to fill the six (6) vacancies on the Australian Energy Producers Board. If the number of nominations is more than the number of vacancies to be filled, an election by ballot of all Full Members must take place.
Any Full Member may nominate a candidate for election. The nomination of any person for election to the Board must be in writing and signed by a Full Member and the candidate.
Nominations must be received by the Company Secretary by 5pm AEDT on 9 October 2024, either by email to [email protected], or by mail to GPO Box 2201 Canberra ACT 2601.
The role of the Australian Energy Producers Board is to operate at the highest level of policy and to set and steer the overall strategic direction of the Company. Nominees are therefore expected to hold the most senior position within the nominating company and at least be the equivalent of the CEO of the oil and gas exploration and production business in cases where the company concerned has multiple businesses.
