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Bounty Oil & Gas Overhauls Board as Long-Serving CEO and Directors Retire

Story Highlights
  • Bounty Oil & Gas has refreshed its board, appointing Kane Marshall as chairman and Robin Armstrong as director while two long-serving non-executive directors retire.
  • CEO Philip Kelso has retired after leading Bounty since 2009, with the leadership renewal intended to support the company’s growth strategy in Australian oil and gas.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bounty Oil & Gas Overhauls Board as Long-Serving CEO and Directors Retire

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An update from Bounty Oil & Gas NL ( (AU:BUY) ) is now available.

Bounty Oil & Gas NL has announced a major board and management reshuffle as part of a broader renewal process to support its strategy of developing Australian oil and gas assets and pursuing new ventures. The company has appointed former company executive and experienced resources director Kane Marshall as Independent Non-Executive Director and Chairman, and seasoned corporate finance specialist Robin Armstrong as an Independent Non-Executive Director, while long-serving Non-Executive Directors Graham Reveleigh and Charles Ross, each with more than 20 years’ tenure, are retiring alongside CEO Philip Kelso, who has led the company since 2009. The refreshed leadership, combining technical, commercial and capital markets expertise, is aimed at strengthening governance and positioning Bounty for its next phase of growth in the competitive energy sector.

The most recent analyst rating on (AU:BUY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Bounty Oil & Gas NL stock, see the AU:BUY Stock Forecast page.

More about Bounty Oil & Gas NL

Bounty Oil & Gas NL is an Australian oil and gas company focused on developing its domestic petroleum assets and expanding its portfolio through new ventures, leveraging both technical and financial expertise to pursue a growth strategy in the resources sector.

Current Market Cap: A$4.68M

Find detailed analytics on BUY stock on TipRanks’ Stock Analysis page.

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