Central Petroleum Limited is pleased to announce the appointment of Mr. Leon Devaney as the Company’s Chief Executive Officer and Managing Director. Mr. Devaney has served as Acting Chief Executive Officer since 31 July 2018 and has, during this period, overseen a number of transformational milestones for Central leading up to the commencement of the NGP on 3 January 2019. The appointment of Mr. Devaney followed an extensive executive search undertaken at the direction of the Board.
Mr. Leon Devaney has over 15 years of commercial and finance experience within the Australian oil and gas sector and holds an MBA and BSc. (Finance) from the University of Southern California, USA. Leon joined Central Petroleum in 2012 as Chief Commercial Officer, making the transition to CFO in November 2014. Leon was instrumental in negotiating the Mereenie acquisition from Santos in 2015, as well as the Palm Valley and Dingo Gas Field acquisition from Magellan Petroleum in 2014.
