Directors and Management

Richard Gazal, Chairman

Mr Gazal is executive director of 3C Capital, until late 2016 Richard was also executive director the Gazal Corporation a post he held for over 15 years.

Ric Malcom, Non-Executive Director

Mr Malcolm is a professional geoscientist with 34 years of varied oil and gas experience within seven international markets. He began his career as a Petroleum Geologist with Woodside Petroleum in Perth exploring for oil and gas on the Northwest Shelf. He spent ten years with Ampolex Limited (Perth and Sydney) as a Senior Explorationist and then Exploration Manager in Western Australia and Asset Manager in Northern & Eastern Australia. Following Mobil’s takeover of Ampolex, Mr Malcolm was appointed manager of Mobil’s assets in Papua New Guinea. Three years later he joined OMV, initially as Exploration Manager for Australia & New Zealand and later as Exploration & Reservoir Manager for OMV Libya, General Manager Norway and in 2006, Managing Director of OMV UK. Between 2008 and 2013, Mr Malcolm was CEO of Gulfsands Petroleum plc, an AIM listed production, exploration and development company with operations in Syria, Tunisia, Morocco, USA and Colombia. He is currently a Non-executive Director of Pura Vida Energy NL.

Jon Adgemis, Director

Mr Adgemis is a Partner at KPMG with over 16 years experience specialising in Mergers and Acquisitions across as range of sectors. He is currently National Head of Mergers and Acquisitions division which is a global market leader in advising clients in the mid market deal space.

Prior to KPMG Jon was at Gresham Partners, a corporate advisory and funds management group. Outside of KPMG, he has entrepreneurial interests currently spanning technology, property, film and mining. Jon is a Director at Eastern Property Group, with an extensive commercial property portfolio and a shareholder of Larus Energy.

Michael Swift, Exploration Manager

Dr Michael Swift is currently Exploration Manager for Larus. He has been with the project since its very inception; in fact he was the discoverer of the Torres Basin in 2009, over which PPL326 sits. After seeing the large anticlinal structures in the region he has worked the area with the aim of getting it drilled. With over 25 years exploration experience he brings the background needed to unravel this geologically complex region. Five years with the Marine Division of the BMR (1986-91) brought him in touch with the basin scale issues of Australia’s rift margins. Then moving to onshore oil and gas exploration within Australia exposed the nuances of fluvial-lacustrine intra-cratonic systems. A period of freelance contracting sure opportunities in; depth converting seismic data from the PNG Highlands, prospect generation in the over thrust Albanian mountains, a three year period exploring around the mega oil and gas fields in Libya and a period working the sand prone Tertiary basins in the Gulf of Thailand. He has lead a team in unconventional coal seam gas exploration and extraction, he has published a number of landmark papers and is working with clan leaders and local communities and groups from the South Coast Papuan Peninsula within PPL326 in regard to the long term development of an oil and gas project.

Matthew Azar, Company Secretary

Mr Azar has been in business and company secretarial consulting for several years and prior to that operated a successful business for 7 years following 10 years in management at the Australian Jockey Club.