PNG Industry News

News Wrap

Friday, 8 August 2014

IN THIS morning’s News Wrap: InterOil to appoint high-profile supermajor veteran as chairman

'Getitrt2' pid='48288' datel Wrote:Do you know what thread?

Sir Browne panic thread

https://www.youtube.com/watch?v=2FFv2fMrI9w

LOLOLOLOL

PAY ATTENTION GETIT

07-22-2014, 03:43 PM (This post was last modified: 07-22-2014 03:44 PM by Stavros.) Post: #1 Stavros Offline Senior Member **** Posts: 404 Joined: Dec 2011 Reputation: 120 4 New BOD Members and New Chairman - WHEN??? Let's recall what Dr Byker said at the AGM in his opening remarks: "Now is the right time to refresh the Board. I expect that up to 4 new appointments will be made to the Board within the next 12 months. There is no doubt the Company has changed significantly since I joined it 20 years ago. In my time, I have been proud to have served as a director, interim chief executive and chairman. I intend to retire as Chairman at the next Annual Meeting once we have recruited a replacement and there has been an appropriate period of transition. I believe I shall hand over the reins of a company that will justly reward its shareholders, work force and the people of Papua New Guinea." http://www.interoil.com/iocfiles/documen...-FINAL.pdf When would IOC start this process? How long should this Chairman of the Board (COB) transition last? Who would Richard Chandler want as COB?? I believe that Dr. Byker was telegraphing that the changes would commence sooner rather than later. Perhaps a new "COB Designate" before the next CC? I'd like to see a non-Aussie; non-ex-Woodside; non-American step in as COB. Who??? How about an ex-BP top executive ... after all, BP was in PNG back in the 90's before they sold their E&P interests to OSH in April 1998. http://www.gasandoil.com/news/south_east...95c2d7b4a4 My wish as new COB is Sir John Browne, the former CEO of BP (1995 - 2007) who was in that position when they sold out to OSH. This would be a blockbuster that would rocket the PPS if it were to happen. Thoughts please. Drivel Maven PAY ATTENTION GETIT

'Getitrt2' pid='48285' dateline='<a href="tel:1407525 Wrote:

PNG Industry News

News Wrap

Friday, 8 August 2014

IN THIS morning’s News Wrap: InterOil to appoint high-profile supermajor veteran as chairman

Anyone a member and able to get to?

the story says that according to the AFR's street Talk column, ioc will imminently appoint a high- profile chairman who is well known in Australia.  The new chairman, understood to have a history with one of the supermajors, has connections in Austalia.