Tap Oil founding managing director Paul Underwood has joined oil and gas junior Tango Petroleum in the role of executive chairman.
Incumbent chairman Matthew Walker said Mr Underwood's extensive corporate experience and impressive tenure at Tap Oil would be invaluable in helping to grow shareholder value.
Mr Underwood was at the helm of Tap Oil for 11 years, during which time the company grew from unlisted junior to fully fledged participant in the oil and gas sector with a market capitalisation of several hundred million dollars.
“I look forward to working with him in establishing a new strategy for the company and securing new business opportunities for Tango,” Mr Walker said.
“We are excited to have him on board.”
Tango Petroleum shares closed today up 0.9 cents, at 2 cents.
Tap Oil founding managing director Paul Underwood has joined oil and gas junior Tango Petroleum in the role of executive chairman.
Incumbent chairman Matthew Walker said Mr Underwood's extensive corporate experience and impressive tenure at Tap Oil would be invaluable in helping to grow shareholder value.
“I look forward to working with him in establishing a new strategy for the company and securing new business opportunities for Tango,” Mr Walker said.
“We are excited to have him on board.”
Tango Petroleum shares closed today up 0.9 cents, at 2 cents.
