Oil Search Names Acting Chief Executive Officer

Peter Fredricson, a veteran energy sector executive who joined the Company earlier this year as Chief Financial Officer, has agreed to become Acting Chief Executive Officer with immediate effect.

A search for a permanent Managing Director/CEO including interviews with internal and external candidates will begin shortly.

Oil Search Chairman Rick Lee said the Board looked forward to working with Mr Fredricson to ensure that production projects in Papua New Guinea and development initiatives in both PNG and Alaska remained on track and on budget.

I look forward to working with the highly experienced Oil Search leadership team, each of whom understands the role they have in executing the Company’s strategic priorities which will ensure we keep delivering results for our shareholders and the broader communities in which we work,”

Mr Fredricson said.

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