Warren Resources has strengthened its team with the appointment of a new chief executive.
The company said James Watt will take up the position while Lance Peterson, who had acted in the role in the interim period, will return to his role as a director.
Chairman of the board Dominick D’Alleva said the appointment was a positive step as the company moves into a “new chapter”.
He said: “The board believes that Warren has outstanding assets and a dedicated and effective employee base and, with Jim’s record of leadership, we believe he is the right person to guide the
company through the current economy and take the Company to the next level.
“The board also wants to thank Lance for his service and looks forward to again working with him as a director.”
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