David Casey has been appointed Chief Executive Officer and Managing Director of Petrel Energy Ltd.

 

Mr Casey has held operational roles in a number of companies and transformed Eastern Star Gas Ltd from a junior explorer with a market capitalisation of just $30 million into a Coal Seam Gas heavyweight ahead of its acquisition by Santos Ltd for $924 million in 2011.

 

Mr Casey is also a major Petrel shareholder with 11.8% of the company held through his private investment vehicle, Harmony Innovations & Products Pty Ltd.

 

Mr Casey joined ESG in September 2005 as Chief Operating Officer, and was subsequently promoted to Managing Director in August 2007, acting in this capacity until the November 2011 acquisition by Santos.