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Santos names new executive management team

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World Coal,

Australian gas company, Santos, has announced a new executive team (excom) reporting to the company’s CEO, Kevin Gallagher.

The new executive team will comprise Bill Ovendum as Vice President Exploration, Brett Woods as Vice President Development, Vince Sanastefano as Chief Operations Office, John Anders as Executive Vice President Commercial and Business Development and Angus Jaffray as Executive Vice President Strategy and Corporate Services.

“The appointment of the excom is a key step in establishing a new operating model for Santos that is focused on both lifting productivity and driving long-term value for shareholders in a low oil price environment,” said Gallagher.

"The new model involves a move away from geographic based business units to an asset focused model with strong technical capabilities in our primary business of exploration, development and production of oil and natural gas both onshore and offshore.”

The excom will be based in Adelaide with the transition taking place over the next few months.

Santos is one of the leading coalbed methane (CBM: called coal seam gas in Australia) producers in Australia with assets in Queensland’s Bowen and Surat Basins supplying the GLNG plant, one of three new LNG CBM-to-LNG plants exporting to Asian markets.

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