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- Talon Energy’s (TPD) Managing Director David Casey will transition to the role of Executive Director leading up to the New Year
- This role change will allow Mr Casey to assume a new role with potential synergies outside the company but will still be an integral member of Talon’s board
- He will be working alongside Executive Director Matt Worner, which Talon believes is an important part of its progress to the next stage of its development
- On the market this morning, Talon is up 6.25 per cent and trading at 0.9 cents per share
Talon Energy’s (TPD) has announced its Managing Director David Casey will transition to the role of Executive Director leading up to the New Year.
This role change will allow Mr Casey to assume a new role with potential synergies outside the company but will still be an integral member of Talon’s board.
He will be working alongside Executive Director Matt Worner, which Talon believes is an important part of its progress to the next stage of its development.
Talon’s Chairman, Doug Jendry, is pleased with the management restructure.
“This is obviously an exciting next step in David’s career, and we are very pleased that he has only chosen to take that step in consultation with Talon and that he will remain an
active member of the board,” he said.
“With David being regarded as one of Australia leading coal seam gas experts
we are particularly pleased that he will remain an integral member of the team managing our multi-TCF Mongolian coal seam gas project going forward.”
Mr Casey is pleased with the portfolio the team has built over the last 16 months.
“The very attractive opportunity that has been presented to me is not one that I could have accepted if I was not able to continue in an active capacity going forward at Talon,” Mr Casey told the market.
“I remain committed to Talon and look forward to continuing working alongside Matt
and the team, as well as commencing our drilling program in Mongolia next year in order to create what I believe will create even further significant shareholder value.”
On the market this morning, Talon was up 6.25 per cent and is trading at 0.9 cents per share at 10:46 am AEDT.
