AWE Limited has appointed Cue Energy chief executive David Biggs as its new chief executive and managing director, starting in early May 2016.
In a brief statement, Cue chief financial officer Andrew Knox said Mr Biggs would resign from the company on 15 April, adding the company’s thanks to him for his leadership of the firm over the last three years.
AWE said Mr Biggs had over 35 years of experience in the upstream oil and gas sector, working with large multi-national companies and smaller organisations throughout Australia, New Zealand, Indonesia and the Americas.
Prior to his role with Cue, Mr Biggs spent almost 20 years with BHP Billiton Petroleum, rising to the positions of vice president, Commercial and vice president, Land and Upstream Agreements, based in Houston. Part of these responsibilities included membership of the exploration leadership team.
Prior to BHPB, he worked with the Natural Gas Corporation and the Petroleum Corporation of New Zealand.
He holds a tertiary qualification in law from Victoria University in Wellington.AWE chairman Bruce Phillips said Mr Biggs brought experience in leadership, strategy and planning, business improvement, profit and loss management and commercial transactions to the company.
“David is a proven chief executive with a good track record of delivering profitable outcomes for his companies,” he said.
“The AWE board believes his leadership skills, very strong gas marketing background, and deep knowledge of the energy industry in Australia, New Zealand and Indonesia will be beneficial in delivering AWE’s future strategy.”
Mr Biggs will succeed current chief executive Bruce Clement, who aims to ensure a smooth transition in company leadership.
“I am delighted to take up this exciting opportunity,” Mr Biggs said.
“AWE has a quality, robust suite of assets, and there are significant opportunities to enhance and add further value to those assets going forward for the benefit of shareholders.”