Mosman Oil and Gas (MSMN) has appointed Howard McLaughlin as chief executive of the company, following a short stint as interim chief executive.
The role is a non-board position.
In addition, Carl Dumbrell, currently chairman, will now serve as executive chairman, and Andrew Scott, currently non-executive director, will take on the role of executive director.
Howard McLaughlin has been with Mosman since 2017 as manager of US operations, overseeing field activity and project development. He was instrumental in Mosman's strategic move into the helium sector in North America, introducing both the Sagebrush and Coyote Wash Helium projects in Colorado to the company.
He spent 19 years at BHP Petroleum, ultimately serving as Vice President of Global Exploration. He is also a former managing director of an ASX-listed public company, with extensive international experience across Australia, Europe, Africa, the Middle East, Asia and North America.
"We are delighted that Howard has agreed to become Mosman's CEO,” said Carl Dumbrell, executive chairman of Mosman.
“His personal investment in Sagebrush and his long-standing commitment to Mosman since 2017 make him the ideal person to lead the company. Over the coming months we will reach important milestones, including the start of 3D seismic over Sagebrush in October and the extended well test on Sagebrush-1 in the fourth quarter. Together with progress at Coyote Wash, these steps mark the beginning of an exciting new chapter for Mosman. With an independently verified helium resource and a clear pathway to development, the company is well positioned for future value creation and we move forward with confidence."
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Having directors’ interests aligned with shareholders’ is always welcome in the junior resources sector, and McLaughlin’s long-standing experience with Mosman means that this will be a smooth transition. The company has been very busy in the past few months, and there isn’t likely to be any let up in the pace of work. Watch for frequent updates from both Coyote Wash and Sagebrush in the coming months.