Board and management

Michael Fry, Bachelor of Commerce (University of Western Australia)

Non-executive chairman

Michael is a Fellow of Financial Services Institute of Australasia, and is a past member of the ASX.

Michael has extensive experience in capital markets and corporate treasury management specialising in the identification of commodity, currency and interest rate risk and the implementation of risk management strategies.

Michael was a founding Director of Challenger Energy Limited and currently serves as its Chairman.

Robert Willes

Managing director

Robert has over 25 years of extensive international experience in the oil, gas and energy industries – primarily with BP. He is a graduate of the Australian Institute of Company Directors and a member of the Association of International Petroleum Negotiators, and was formerly a director of Australian Petroleum Production and Exploration Association (APPEA).

His early career with BP involved several positions in petroleum product supply, trading, and marketing, and as a lead negotiator for numerous gas transactions in Europe. He subsequently joined BP’s Group Mergers and Acquisitions team, where he led the divestments of Burmah Castrol’s Chemicals Division and Great Yarmouth Power Ltd, and advised the Corporation on a number of acquisition opportunities.

In Australia, he was BP’s General Manager of the North West Shelf LNG Project. In this role, he had accountability for strategy, production, safety, marketing, and profitability. He secured BP’s investment approval for the North West Shelf Train 5 LNG Expansion, managed the negotiation of several key LNG contracts with Japanese utilities, and oversaw the closing of the North West Shelf’s Project’s landmark, A$25 billion LNG sale into China.

Robert also had overall accountability for BP’s interests in the Browse LNG and Greater Gorgon LNG Projects, and for Business Development activities in Asia Pacific. In this latter role, he developed new hub strategies around the Bontang and Tangguh LNG Projects in Indonesia, secured multiple conventional and unconventional Production Sharing Contracts in Kalimantan and West Papua, Indonesia, and was instrumental in securing VICO’s Coal Bed Methane-to-LNG Project in Kalimantan, Indonesia.

More recently, he was CEO of Eureka Energy Limited, and was instrumental in managing the recommended A$107m on-market takeover by Aurora Oil and Gas Limited. He is also a Non-executive director of Buru Energy Limited.

Clinton Carey

Non-executive director

Mr Carey has 20+ years as a manager and director in a range of listed companies in the resources, Oil & Gas and technology sectors. Mr. Carey has extensive experience in the resource sector providing management, capital raising and corporate advisory services to a range of listed mining and energycompanies. He has worked for mining and energy companies in Russia, Brazil, Australia and England.

Robert Lees, B. Bus. (UTS), Grad. Dip. DP (UTS), CA, FGIA, FCIS, MAICD

Company secretary

Since 2003 he has provided Company Secretarial services to small ASX listed companies. This has included involvement in ten IPOs. He is currently Company Secretary of four other listed public companies.