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L&M Energy moves to single MD
L&M Energy moves to single MD
Nov. 15 (BusinessDesk) – L&M Energy Ltd. is doing away with its dual managing director structure as it builds its focus on on coal seam gas exploration and production, the company said in a statement to the NZX.
The move means John Bay has agreed to stand down and Kent Anson has been appointed sole managing director.
Bay will continue to represent L&M Energy on the Petroleum Exploration and Production Association of New Zealand (“PEPANZ”) as chairman.
LME shares were trading at 13 cents today.
(BusinessDesk) 15:08:38
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