Condor Energy

Appointment of Mr Serge Hayon as Managing Director

Condor Energy Ltd (ASX: CND) (Condor or the Company) is pleased to advise that Mr Serge Hayon has commenced as Managing Director of the Company effective today.


Mr Hayon is an experienced Reservoir Engineer and Petroleum Geologist with broad exposure to working with and managing multi-disciplinary teams primarily focused on South East Asia, the Americas and Australia.

Mr Hayon has a Bachelor of Science in Geology (Honours) and an MEngSc in Petroleum Engineering from Curtin University.

Prior to joining Condor, Mr Hayon worked for Murphy Oil Corporation for 20 years including most recently as General Director / Country Manager Vietnam during which time he was in charge of the overall management of the Asia business including establishing Murphy’s entry into and securing Final Investment Decision on the Lac Da Vang oilfield, Vietnam.

Mr Hayon has delivered projects encompassing the complete lifecycle from exploration, discovery, appraisal to first oil and production of large oil and gas assets.

During his career his leadership has been instrumental in the development planning and execution of shallow and deep-water operations, maintaining a top safety record and ensuring that the projects and well programs were delivered on time and within budget.

Concurrently with the commencement of Serge as Managing Director, Ricardo Garzon Rangel will step down from Board as a Non-Executive Director but will remain involved in the Company on a flexible contract basis. The relevant appendix 3X and 3Z are attached.

Chairman Matt Ireland commented:

“Condor is in an exciting phase and Serge is joining the Company at a pivotal time to unlock and deliver value from our Tumbes TEA in Peru.”

“Serge has a great track record in the oil and gas industry and brings an outstanding skill set to lead the Company as our Managing Director and we are delighted he is joining the Board.”

Incoming Managing Director Serge Hayon commented:

“Condor has identified a unique opportunity and built an attractive position in the Tumbes TEA which is gaining industry attention due to the billion barrel potential of this proven but underexplored basin.

“I am thrilled to join the Condor team and eager to contribute to the advancing of its exciting portfolio of exploration opportunities, maturing our discovered gas resource towards commercialisation and drive the Company’s growth to unlock its full potential.”


Click here for the full ASX Release

This article includes content from Condor Energy, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

CND:AU
Condor Energy

Condor Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Condor Energy (ASX:CND)

Condor Energy


Keep reading...Show less
BPH Energy

PEP-11 Update

BPH Energy Limited (BPH) (ASX: BPH) and Bounty Oil & Gas NL (Bounty) (ASX: BUY) for the PEP11 Joint Venture, further to the announcement made on 18 September 2024, BPH provides a further update on matters relating to PEP-11.

Keep reading...Show less
Oil rig with stock charts overlayed.

ASX Oil and Gas Stocks: 5 Biggest Companies in 2024

Oil and natural gas stocks on the ASX could benefit from the commodities' price movements, as experts are calling for continued price volatility in the global oil and gas market in 2024.

According to the Australia Institute for Petroleum, crude oil is purchased using US dollars, making it important to track oil's price movements in the currency. This also means investors should keep an eye on the exchange rate for USD to Australian dollars.

Concerns over worldwide oil demand growth and rising global inventories pushed Brent crude oil prices down to a low of US$73.50 per barrel in December 2023.

In the first half of 2024, oil prices were riding an uptrend spurred on by rising tensions in the Middle East amid tightening supplies. Peaking at a high of US$91.70 in early April, demand side challenges once again weighed down crude oil prices to US$77 per barrel in early June. Although the price of oil made another run up over the US$87 level in early July, those gains were quickly erased as global economic uncertainties continue to grow.

Keep reading...Show less
Charbone Hydrogene fait appel a un veteran d'Air Liquide avant les premiers revenus du projet phare

Charbone Hydrogene fait appel a un veteran d'Air Liquide avant les premiers revenus du projet phare

(TheNewswire)

Charbone Hydrogen Corporation

Brossard (Québec) TheNewswire - le 9 octobre 2024 - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule société d'Amérique du Nord cotée en bourse spécialisée dans l'hydrogène vert, est ravie d'annoncer un ajout clé à son équipe des opérations de gaz industriels alors qu'elle se prépare pour la production à son projet phare à Sorel-Tracy, au Québec .

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
CHARBONE Hydrogen Taps Air Liquide Veteran Ahead of First Revenue from Flagship Project

CHARBONE Hydrogen Taps Air Liquide Veteran Ahead of First Revenue from Flagship Project

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec TheNewswire - October 9, 2024 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's only publicly traded pure-play green hydrogen company, is excited to announce a key addition to its industrial gases operations team as it prepares for production at its flagship project in Sorel-Tracy, Quebec.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Elixir Energy (ASX:EXR)

Daydream-2 Operations Concluded

Elixir Energy Limited (“Elixir” or the “Company”) is pleased to provide an operational update on the Daydream-2 well in its 100% owned Project Grandis in Queensland’s Taroom Trough.

Keep reading...Show less
Alvopetro Announces September 2024 Sales Volumes and an Operational Update

Alvopetro Announces September 2024 Sales Volumes and an Operational Update

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces September 2024 sales volumes and an operational update.

President & CEO, Corey C. Ruttan commented:

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Condor Energy

Condor Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×