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Metgasco (MEL) appoints Ken Aitken as Managing Director

Energy
ASX:MEL      MCAP $1.102M
27 July 2021 04:00 (AEDT)
Metgasco (ASX:MEL) - Managing Director, Ken Aitken

Source: Metgasco

Metgasco (MEL) has appointed Chief Executive Officer (CEO) Ken Aitken as Managing Director.

Mr Aitken has been CEO of the oil and gas company since 2018 and has played a key role in progressing the company’s Cooper Basin portfolio and securing the Cervantes L14 prospect.

He has more than 30 years of domestic and international experience in onshore and offshore oil and gas development, holding technical, executive and leadership roles.

Prior to joining Metgasco, Mr Aitken worked with the likes of Origin Energy (ORG), Empire Oil and Gas, Apache Corporation and New Standard Energy (NSE).

He has held positions such as Chief Petroleum Engineer, and General Manager Operations and Engineering.

The appointment of Mr Aitken to the role of Managing Director reflects Metgasco’s focus on becoming a material gas producer in 2022.

Additionally, it reflects the company’s continuing focus on enhancing its board and operational leadership team.

Metgasco has ended the day in the grey with shares trading at 2.4 cents in a $13.19 million market cap.

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