Edition:
United States

Buru Energy Ltd (BRU.AX)

BRU.AX on Australia Stock Exchange

0.19AUD
9 Dec 2016
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Volume
199,836
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203,850
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Summary

Name Age Since Current Position

Eric Streitberg

2014 Executive Chairman of the Board

Shane McDermott

2014 Company Secretary

Eva Howell

70 2014 Non-Executive Independent Director

Robert Willes

2014 Non-Executive Independent Director

Biographies

Name Description

Eric Streitberg

Mr. Eric Charles Streitberg has been appointed as Executive Chairman of the Board of Buru Energy Ltd., with effect from 23 May 2014. Mr. Streitberg has more than 40 years of experience in petroleum geology and geophysics, oil and gas exploration and oil and gas company management. He was a founding shareholder and held the position of Managing Director of ARC Energy Limited from 1997 until August 2008, during which time ARC Energy Limited was transformed from a junior oil and gas exploration company into a mid-size Australian oil and gas producer. He was also the founding shareholder and Managing Director of Discovery Petroleum which was a key participant in the renaissance of the Perth Basin as a significant gas producer until the takeover of that company in 1996. Prior to that he held various senior international exploration roles with Occidental Petroleum and BP. He was a founding shareholder and Non-executive Director of Adelphi Energy Limited from 2005 until its takeover in 2010. He is a Fellow of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors, a member of the Society of Exploration Geophysicists, Petroleum Exploration Society of Australia and the American Association of Petroleum Geologists. Mr. Streitberg is a Director and past Chair of the Australian Petroleum Production and Exploration Association and has also chaired the APPEA Exploration and Environment Committees. He is the immediate past Chair of the Marine Parks and Reserves Authority of Western Australia.

Shane McDermott

Mr. Shane McDermott has appointed as Company Secretary of Buru Energy Ltd., with effect from 11 July 2014. Mr. Shane has an accounting and auditing background having worked at a large international accounting practice for five years at its Perth office before joining Buru Energy in 2009. He is a member of the Institute of Chartered Accountants Australia and an Associate of the Governance Institute of Australia. Mr. McDermott was appointed Company Secretary on 11 July 2014. He previously acted as Buru Energy’s Joint Company Secretary from 1 December 2011 to 1 November 2012. Mr. Chris Bath was the previous Company Secretary from 1 November 2012 to 11 July 2014.

Eva Howell

Ms. Eva (Eve) Alexandra Howell has been appointed as Non-Executive Independent Director of Buru Energy Limited, with effect from 2 July 2014. Ms. Howell has over 40 years of experience in the oil and gas industry in a number of technical and managerial roles, primarily with Amoco Corporation, Apache Energy Ltd and Woodside Energy Ltd. She is a Director of ASX-listed Downer EDI Limited and Mermaid Marine Australia Ltd. In the private sector, Ms. Howell is Non-executive Chairman of EMR Resources Pty Ltd and on the Senior Advisory Panel of Miro Advisors Ltd. She has previously served on a number of boards including Tangiers Petroleum (as Executive Chairman), the Fremantle Port Authority, the Australian Petroleum Production and Exploration Association, and as a board member and President of the Australian Mines and Metals Association. She is a Graduate of the Australian Institute of Company Directors. Ms. Howell began her exploration career in the UK and since 1981 has worked for several Australian based companies including Apache during a time when the company developed significant oil production from the Carnarvon Basin and became the second largest domestic gas supplier. She held various senior positions in Apache in Australia including Business Development Manager and Managing Director. Between 2006 and 2011, Ms. Howell was a Woodside Executive Committee member, with her positions including Executive Vice President of the North West Shelf. Ms. Howell holds a Bachelor of Science (with Honours in Geology and Mathematics) from the University of London and an MBA from Edinburgh Business School.

Robert Willes

Mr. Robert A. Willes has been appointed as Non-Executive Independent Director of Buru Energy Limited., with effect from 2 July 2014. Mr Willes has over 25 years of extensive international experience in the oil and gas and energy industries. He is the Managing Director of Challenger Energy Ltd and has previously served on a number of boards including the Australian Petroleum Production and Exploration Association (APPEA), North West Shelf Gas Pty Ltd, North West Shelf Liaison Co. Pty Ltd, North West Shelf Australia LNG Pty Ltd, North West Shelf Shipping Services Co. Pty Ltd, Carbon Reduction Ventures Pty Ltd and Perth Centre for Photography. 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, Mr Willes was BP’s General Manager of the North West Shelf LNG Project. He 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. More recently, Mr Willes was CEO of Eureka Energy Limited, and was instrumental in managing the recommended A$107million on-market takeover by Aurora Oil and Gas Limited. He is currently Managing Director of Challenger Energy Ltd, an ASX-listed oil and gas explorer with exposure to the emerging world-scale shale gas province in South Africa’s Karoo Basin. Mr Willes is a Graduate of the Australian Institute of Company Directors and member of the Association of International Petroleum Negotiators. He holds an Honours Degree in Geography from Durham University in the UK, and has completed Executive Education Programmes at Harvard Business School in the USA and Cambridge University in the UK.

Basic Compensation

Name Fiscal Year Total

Eric Streitberg

678,900

Shane McDermott

--

Eva Howell

121,114

Robert Willes

123,664
As Of  30 Dec 2015

Options Compensation