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Senex Energy Names New Chairman

Share Print Bookmark    |    Tuesday,March 10,2015

Chairman of Senex Energy Limited Denis Patten has reported that Trevor Bourne has accepted the Senex board’s invitation to become Chairman, effective from today.

At the company’s 2014 Annual General Meeting in November, Patten advised his intention to step down from the role after seven years as non-executive director and Chairman. Mr Patten will remain on the board as a non-executive director and will provide continued support during the transition to Mr Bourne as Chairman.

Mr. Bourne was appointed a non-executive director of Senex on 1 December 2014. Since joining Senex he has made a significant contribution as non-executive director and the board is pleased he has agreed to become Chairman.

Patten commented: "Mr Bourne’s impressive four-decade career in public and private corporations will underpin his successful transition to Senex Chairman, including his 12-year tenure with Origin Energy as a founding director and his current tenure as a director of Caltex Australia and Sydney Water. I am confident that Senex is in very capable hands during this volatile time in the oil and gas sector and as the company continues to pursue longer term growth."

Mr. Patten has led Senex through a period of significant growth and development since 2008. During thattime Senex has transformed from an exploration-focused junior oil company to an S&PASX 200 diversified oil and gas company, with annual production of over 1 million barrels of oil equivalent and a substantial portfolio of oil and gas growth projects.

Mr. Bourne has served as chair or director of a number of public companies in Australia. He has been a member of the Caltex board since March 2006, and is currently chair of the occupational health and safety committee and a member of the audit and remuneration committees. Mr Bourne also chairs the safety committee for Sydney Water’s board, which he joined in February 2014. Mr Bourne’s detailed biography is available on the Senex website and within the ASX announcement of his appointment on 19 November 2014.