01/08/2017 - 12:57

Miro directors resurface

01/08/2017 - 12:57

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Six months after shutting down specialist oil and gas advisory firm Miro Advisers, Tim Woodall has joined the board of Melbourne-based explorer and producer FAR as a non-executive director.

Miro directors resurface
Tim Woodall closed his Miro Advisers business earlier this year.

Six months after shutting down specialist oil and gas advisory firm Miro Advisers, Tim Woodall has joined the board of Melbourne-based explorer and producer FAR as a non-executive director.

Mr Woodall’s appointment came just days after his former colleague at Miro, Wade Evans, was appointed chief executive of local explorer Auris Minerals.

Mr Woodall founded Miro six years ago and ran the business as its managing director, with Mr Evans having served as a director.

Miro closed its doors in March, with Mr Woodall telling Business News at the time the decision was made for personal and family reasons.

Prior to his tenure at Miro, Mr Woodall spent time in senior roles at US-based Energy Partners, UBS in its London office, Credit Suisse in New York, and with Woodside Petroleum and Santos prior to that. Immediately before starting Miro he was CEO at consultancy RISC.

“Tim is a well-known and accomplished businessman who is recognised for his leadership within the Australian oil and gas industry and I am delighted to be welcoming someone of Tim’s calibre and experience to the board,” FAR chairman Nic Limb said on Mr Woodall’s appointment.

“His commercial knowledge and experience will be highly valuable to the board as FAR moves into the exploitation phase following the significant discoveries offshore Senegal.”

Shares in FAR were 2.6 per cent higher to 7.7 cents each at 12:45pm.

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