Oil and Gas News

Strike adds former Fortescue CEO to board

Strike Energy has appointed former Fortescue Metals Group chief executive officer Neville Power as a director and deputy chairman of the company.

Power, who was CEO of Fortescue between 2011 and 2018, has held chief executive positions at Thiess and the Smorgon Steel Group, adding to what has been an extensive background in the mining, steel and construction industries.

Strike chairman John Poynton said Power was a globally-recognised executive with a distinguished track record.

“Mr Power brings to Strike substantial recent experience from his role as CEO of Fortescue Metals Group in management and leadership of large and complex publicly listed companies and has overseen the delivery of major Western Australian infrastructure projects,” he said.

“His expertise will be highly valuable as Strike begins commercialising its major gas discovery in the Perth Basin.”

Power commented that he was pleased to be joining the Strike board of directors at a time where the company is embarking on a “very exciting journey.”

“Strike’s strategic land position in the Perth Basin and operatorship of the West Erregulla gas fields provides a foundation to becoming a major influencer in Australian gas markets,” he said.

“I look forward to working with both the board and management in developing a strategy which can see Strike realise its full value and establish a new highly competitive gas supplier in WA.”

Power is currently the chairman of both Perth Airport and the foundation for the WA Museum.

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