Senex Energy Limited
(ASX:SXY) has appointed a new Executive General Manager of Exploration starting next month.
Mr David Spring has over 30 years experience in the oil and gas industry, most recently as global exploration manager for Mubadala Petroleum in the United Arab Emirates.
The appointment follows a global search for the vacant role. Senex recently underwent an aggressive cost cutting exercise shedding 30 staff and hedging prices in the wake of the slump in oil prices
The share price has recovered from lows of 24 cents in January to trade at around 46 cents now.
Senex Energy swung to a net loss of $65.9 million in the first half of the 2015 financial year.
