Byron Energy (ASX: BYE) Share Price and News

Mr Battersby has over fifty years' technical and managerial experience in the Australian and international oil and gas industry. Doug co founded two ASX listed companies (Eastern Star Gas Limited, which was taken over by Santos Limited in November 2011, and SAPEX Limited, which was taken over by Linc Energy Limited in October 2008), and two private oil and gas exploration/development companies, Darcy Energy Limited, which was sold to I B Daiwa Corporation in 2005, and Byron Energy (Australia) Pty Ltd where he was Executive Chairman until May 2013 when Byron Energy (Australia) Pty Ltd merged with Trojan Equity Limited to create Byron Energy Limited. Between 1990 and 1999 Doug was Technical Director at Petsec Energy Limited, an ASX listed operator in the shallow waters of the Gulf of Mexico with production reaching 100 MMcf per day of gas and 9,000 barrels of oil per day in 1997.

Mr Young has been in merchant banking for more than thirty five years. He has experience in the provision of corporate advice to a wide range of Australian and international listed and unlisted companies including restructurings, capital raisings, initial public offerings and mergers and acquisitions. Paul is currently Chairman of the Risk Management Committee.

Mr Sands was a non executive director of Byron Energy (Australia) Pty Ltd until May 2013 when Byron Energy (Australia) Pty Ltd merged with Trojan Equity Limited to create Byron Energy Limited. Charles was also a director of Darcy Energy Limited. Charles has over forty years' of business and management experience in the USA and is President of A Santini Storage Company of New Jersey Inc, enabling him to advise on the general business operating environment and practices in the USA. Charles is also an owner of CAT5 Resources a disaster recovery and maintenance company focused on the cellular telephone industry in the US. He is Member of Risk Committee.

Mr Kallenberger has over forty years' experience in the oil and gas industry with exploration and development experience in the Gulf of Mexico, having generated prospects which have led to the drilling of over one hundred and twenty five wells in the Gulf of Mexico and California. He was Vice President of Exploration with Byron Energy (Australia) Pty Ltd until May 2013 when Byron Energy (Australia) Pty Ltd merged with Trojan Equity Limited to create Byron Energy Limited. Between 2000 and 2006, Prent was Vice President of Exploration with Petsec Energy Inc, where he was responsible for a team of seven people and generated projects leading to the drilling of ten successful wells in twelve attempts in the shallow waters of the Gulf of Mexico. These wells produced 32 Bcf and 1.5 MMBbls of oil. Between 1992 and 1998 Prent was Geophysical Manager with Petsec Energy Inc, a wholly owned subsidiary of Petsec Energy Limited.

Mr Smith has approximately fifty years' technical and managerial experience in the oil and gas industry with a particular focus on the Gulf of Mexico. Maynard co founded Darcy Energy Limited, sold to I B Daiwa Corporation in 2005, and Byron Energy (Australia) Pty Ltd where he has been Chief Executive until May 2013 when Byron Energy (Australia) Pty Ltd merged with Trojan Equity Limited to create Byron Energy Limited. Prior to that, Maynard was Chief Operating Officer with Petsec Energy Limited (1989 2000). In the late 1970s and early 1980s Maynard held senior exploration positions with Tenneco Oil Company, based in Bakersfield, California.

Mr Sack has more than thirty five years' experience in the Gulf of Mexico region in technical, commercial and executive roles. He was appointed to the Board of Directors on 3rd October 2014. He co founded and served as Managing Partner of Aurora Exploration, LLC, a private entity focused on generating and drilling Gulf of Mexico exploration opportunities that has drilled more than eighty wells with a success rate in excess of 80%, and under his leadership has created substantial growth and monetised investments via multiple corporate level asset sales. Prior to 2000 he served in a variety of exploration and executive roles for Petsec Energy and Shell Offshore.

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