The Board of Directors of Beach Energy Limited announced the appointment of Mr. Morné Engelbrecht as Chief Executive Officer, effective 19 May 2022. Mr. Engelbrecht's appointment follows an extensive international recruitment process led by Beach's Board of Directors and external advisors. The search process, coupled with Mr. Engelbrecht's strong performance in the role of Acting Chief Executive Officer, confirmed that he is the ideal candidate to lead Beach through ongoing execution of its development programs and the next phase of growth.
Mr. Engelbrecht has over 20 years of oil, gas and resource sector experience, including the last six years with Beach Energy. Mr. Engelbrecht joined Beach in 2016 as Chief Financial Officer and was instrumental in the transformational acquisition and subsequent integration of Lattice Energy. In November 2021, Mr. Engelbrecht assumed the role of Acting Chief Executive Officer and has overseen successful progress of Beach's major capital programs in the offshore Otway Basin and Perth Basin, which are being delivered safely, on schedule and on budget.