Drillsearch Energy Limited has appointed Walter Simpson as Chief Executive Officer (CEO), effective immediately.
Drillsearch Chairman Jim McKerlie said: “The Board is delighted to appoint Walter to lead Drillsearch through its next phase of growth. Walter is a high calibre executive with a wealth of experience in Australia and overseas and a huge passion for the oil and gas industry.”
Mr Simpson joined Drillsearch as Chief Operating Officer in March 2015 from BG Group subsidiary QGC. He was appointed Acting CEO on 3 July 2015 and has led the company in that capacity while the Board continued a global search process for a permanent CEO.
Mr McKerlie said: “The Board considered both internal and external candidates for the CEO position. During this process, we have been impressed by the leadership qualities that Walter has demonstrated as Acting CEO. These qualities, combined with Walter’s extensive experience in the oil and gas industry, convinced the Board that he is undoubtedly the best choice to take Drillsearch forward.”