Beach Energy Limited (ASX:BPT) Managing Director Extends Employment Contract

09.09.2013  |  ABN Newswire

Adelaide, Australia (ABN Newswire) - Beach Energy Ltd. (ASX:BPT) ("Beach") is pleased to announce that Mr Reg Nelson, Managing Director, has extended his employment contract until 1 July 2015. His contract was due to expire on 30 June 2014.

Beach's Chairman, Mr Glenn Davis, said: "We are delighted that Reg has agreed to continue on as the Managing Director of Beach. As many are aware, Reg has over forty years of experience in the oil and gas sector, with a level of oil and gas knowledge that in many respects is unparalleled. His drive and passion for the company is one of the key reasons Beach is where it is today. With its portfolio of exciting assets, we expect Beach will experience significant growth in the future, and, gladly, Reg will be an integral part of this. To ensure a smooth transition to Reg's successor on 1 July 2015, Beach will now commence a process to identify that successor. Commencing that process now will allow us to identify and engage the best candidate and ensure a smooth transition in the hand over."

About Beach Energy Limited:

Beach Energy Ltd. (ASX:BPT) is a long established oil and gas Exploration and Production Company, based in Adelaide, South Australia.

Source:

Beach Energy Ltd.

Contact:

Beach Energy Ltd.
T: +61-8-8338-2833
F: +61-8-8338-2336
WWW: www.beachenergy.com.au