16/11/2011 - 15:20

New chairman for Jacka Resources

16/11/2011 - 15:20

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New chairman for Jacka Resources

Perth-based oil and gas explorer Jacka Resources has appointed a new chairman in former Hardman Resources director Scott Spencer, to replace the outgoing Brett Smith.

Mr Spencer, who spent 20 years working on international political and economic issues with the Australian government, entered the resources industry in 2004, with Hardman Resources.

Hardman was bought out by UK-based Tullow Oil in 2006, for $1.5 billion.

“Mr Spencer’s experience with Hardman, particularly in Africa, is an enormous benefit for the company and we are already reaping the rewards from his efforts and experience,” Mr Smith said in a statement.

Mr Smith will remain on the board as a non-executive director.

At close of trade today Jacka’s stock gained 3.3 per cent, to trade at 15.5 cents.

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