Cooper Energy’s executive director switches to non-executive role
Australian energy company Cooper Energy has named Hector Gordon, currently executive director of Exploration and Production, as a non-executive director, effective June 25, 2017.
Cooper Energy said on Monday that Gordon served as the executive director since joining the company in June 2012 in the merger of Cooper with Somerton Energy.
His current employment contract concludes on June 24 and this new appointment will secure Gordon’s continuing involvement in a non-executive capacity.
John Conde, chairman of Cooper Energy, said: “Hector Gordon’s leadership of Cooper Energy’s technical deliberations and efforts has been critical to the growth recorded by the company. With his guidance, the company has sustained material oil production from its Cooper Basin interests and executed a patient and highly successful reconstruction of its portfolio.
“The successful transition, from a portfolio featuring diverse international oil exploration interests to today’s position concentrated on Australia with strong exposure to gas and over 11 million barrels of 2P reserves owes much to Hector’s judgment.
“The company’s portfolio possesses many opportunities for value creation through exploration and development of gas and from our Cooper Basin oil. I expect Hector’s technical and commercial contribution as a non-executive director will be invaluable as we work to optimize these opportunities for shareholder value.”
According to the company, Gordon has over 35 years of experience in the petroleum industry. Prior to his arrival in Cooper, he was the managing director of Somerton and before that, an executive director with Beach Energy where he was employed for more than 16 years.
His previous employers also include Santos, AGL Petroleum, TMOC Resources, Esso Australia, and Delhi Petroleum. Gordon is a member of the American Association of Petroleum Geologists and a member of the Society of Petroleum Engineers. He is also a director of Bass Strait Oil Company Limited (BAS).