Cue CEO appointed new AWE CEO

OE Staff Mar 18, 2016

Current Cue Energy CEO David Biggs has been appointed the new CEO and managing director of AWE Ltd., effective May 2016.

Biggs will succeed current CEO Bruce Clement, who has been given six months' notice of his employement termination. Clement's employment is expected to come to an end in September 2016, or such earlier date should AWE and Clement come to an agreement, the company said.

Biggs has more than 35 years of experience in the upstream oil and gas sector. He has worked extensively throughout Australia, New Zealand, Indonesia and the Americas with both large multi-national and smaller organizations.

Currently CEO of Cue Energy, Biggs has been in the position for three years. Prior to that 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 BHP Billiton, he worked with the Natural Gas Corp. and the Petroleum Corporation of New Zealand. Biggs brings extensive experience in leadership, strategy and planning, business improvement, profit and loss management and commercial transactions, particularly merger and acquisition and gas marketing. He holds a tertiary qualification in law from Victoria University in Wellington.

Commenting on the appointment, AWE chairman Bruce Phillips said, “David is a proven CEO with a good track record of delivering profitable outcomes for his companies. 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.”

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