Paul Underwood resigns from Tap Oil

Monday, 22 June, 2009 - 12:04

Tap Oil founding director and former chief executive, Paul Underwood, has today resigned from his non-executive director position.

Mr Underwood was one of the company's founding directors at the time of Tap's listing on the local stock market in 1996.

He held onto the chief executive and managing director positions before he stood down at the end of 2007.

Mr Underwood then took on an executive director position until mid last year before taking a non-executive director position.

"The Board would like to extend its gratitude to Mr Underwood for his long service as a director of Tap and for his lasting legacy," the company said in a statement.

"We wish him the very best in his future endeavours."