• Executive Director David Biggs to step down from the Board and management role effective 31 December 2021
• Managing Director, Dennis Donald, to resume direct oversight of Australian operations from 1 January 2022
• Michael Atkins appointed non-executive Director of Warrego effective 31 December 2021

Warrego Energy today announces details of changes to the Warrego Board and management team.

Executive Director, Mr David Biggs, has decided to step down from the Board and his management position as CEO Australia effective 31 December 2021. A director since March 2019, David assumed an executive role in August 2020 when it became evident that UK-based Managing Director and Group CEO, Dennis Donald, would be unable to travel to Australia due to prolonged COVID-19 border closures. Now, with the West Erregulla gas project significantly advanced and international borders reopening, David’s
preference is to step back from day-to-day management responsibilities and feels that in the interests of good governance it is appropriate for him to resign from the Warrego Board at the same time.

Managing Director, Dennis Donald, will assume direct oversight of Warrego’s Australian operations from 1 January 2022. Further, David has agreed to be available to the Company for a three-month period to facilitate the smooth transition of responsibilities.

Mr Michael Atkins, B. Comm (WA) FAICD, has been appointed as a non-executive Director of Warrego Energy Limited effective from 31 December 2021. Based in Perth, Michael has a successful history as an executive and non-executive chairman and director of over 20 publicly listed companies. He is currently the Chair of Legend Mining and Castle Minerals and a non-executive Director of SRG Global Limited. Following this appointment, the Warrego Board will have a majority of non-executive Directors.

Executive Director and CEO Australia, David Biggs, said:
“With the appraisal campaign and Reserves certification complete, the West Erregulla project is sufficiently advanced for me to step away from day-to-day management responsibilities to allow me to pursue other interests. Having been CEO of Warrego’s Australian operations for almost 18 months, I believe it is appropriate for me to also resign from the Board.”

Managing Director and Group CEO, Dennis Donald, said:
“David has been a formidable Director and executive and we are sad to see him leave Warrego. The depth and breadth of David’s industry knowledge has been of considerable benefit to Warrego, particularly as an Executive Director steering us through numerous challenges over the past 18 months. He has made an immense contribution in a relatively short period of time and we wish him well in his new endeavours. The West Erregulla gas project has always been our primary focus and, with international and domestic borders re-opening, I’m looking forward to returning to Perth in 2022.”

Chairman, Greg Columbus, said:
“On behalf of the Board, I would like to thank David for his substantial contribution. With David’s departure, and with the appointment of Michael Atkins as a non-executive Director based in Perth, we have taken the opportunity to have the majority of Directors now Independent. I would like to welcome Michael to Warrego and look forward to his experience and contributions as we prepare for the next exciting phase of the Company’s development and growth.”

KeyFacts Energy: Warrego Energy Australia country profile