Condor Vitality Ltd (ASX: CND) (Condor or the Firm) is happy to advise that Mr Serge Hayon has commenced as Managing Director of the Firm efficient at present.
Mr Hayon is an skilled Reservoir Engineer and Petroleum Geologist with broad publicity to working with and managing multi-disciplinary groups primarily centered on South East Asia, the Americas and Australia.
Mr Hayon has a Bachelor of Science in Geology (Honours) and an MEngSc in Petroleum Engineering from Curtin College.
Previous to becoming a member of Condor, Mr Hayon labored for Murphy Oil Company for 20 years together with most not too long ago as Normal Director / Nation Supervisor Vietnam throughout which era he was accountable for the general administration of the Asia enterprise together with establishing Murphy’s entry into and securing Ultimate Funding Determination on the Lac Da Vang oilfield, Vietnam.
Mr Hayon has delivered initiatives encompassing the entire lifecycle from exploration, discovery, appraisal to first oil and manufacturing of huge oil and fuel property.
Throughout his profession his management has been instrumental within the improvement planning and execution of shallow and deep-water operations, sustaining a high security report and making certain that the initiatives and properly packages have been delivered on time and inside funds.
Concurrently with the graduation of Serge as Managing Director, Ricardo Garzon Rangel will step down from Board as a Non-Government Director however will stay concerned within the Firm on a versatile contract foundation. The related appendix 3X and 3Z are connected.
Chairman Matt Eire commented:
“Condor is in an thrilling part and Serge is becoming a member of the Firm at a pivotal time to unlock and ship worth from our Tumbes TEA in Peru.”
“Serge has an awesome monitor report within the oil and fuel trade and brings an impressive talent set to steer the Firm as our Managing Director and we’re delighted he’s becoming a member of the Board.”
Incoming Managing Director Serge Hayon commented:
“Condor has recognized a singular alternative and constructed a gorgeous place within the Tumbes TEA which is gaining trade consideration as a result of billion barrel potential of this confirmed however underexplored basin.
“I’m thrilled to affix the Condor staff and desirous to contribute to the advancing of its thrilling portfolio of exploration alternatives, maturing our found fuel useful resource in direction of commercialisation and drive the Firm’s progress to unlock its full potential.”
Click on right here for the total ASX Launch
This text consists of content material from Condor Vitality, licensed for the aim of publishing on Investing Information Australia. This text doesn’t represent monetary product recommendation. It’s your accountability to carry out correct due diligence earlier than appearing upon any info offered right here. Please seek advice from our full disclaimer right here.
