Appointed as a Non-Executive Director on April 1 2004, Douglas has had a long and successful career in the oil and gas industry with extensive experience in all aspects of the business.
Douglas graduated as a geologist in 1972 and his early years were spent in SE Asia on onshore and offshore oil rigs and facilities. During his 25 year career he has gained experience in various parts of the world including Australia, USA, Thailand, Mozambique, New Zealand, Dutch North Sea, New Guinea, Tunisia and China. He has produced numerous valuation and expert reports for financial institutions as well as negotiating purchases and sales of oil and gas fields and the associated financing. Since 1987, Douglas has successfully managed two publicly listed Australian oil and gas companies, First Australian Resources NL and Omega Oil NL. Both companies participated in numerous drilling and production ventures introduced by him which resulted in long term production and cashflow.
Douglas' most recent industry experience was as Managing Director of Omega Oil NL which he joined in 1995. A successful exploration program and discovery of significant reserves of gas in the Otway Basin of South Australia led to the Company being acquired in a takeover by Australian Worldwide Exploration in late 1999.
Douglas is a Director of Impress Energy Limited and Chaco Resources Plc.
