Directors

Andrew Childs – Executive Chairman

Mr Childs is the Managing Director of Petroleum Ventures Pty Ltd and a Non-Executive Director of ADX Energy Ltd and Sacgasco Ltd, he is also Principal of Resource Recruitment.

Mr Childs was appointed a Director on 22 April 2020.


Greg Channon – Non-Executive Director

Mr Channon is a geologist with over 35 years of global oil and gas experience in a variety of technical and leadership roles.

During his career, Mr Channon has worked with a range of E&P companies around the world and has lived and worked in Australia, New Zealand, USA, Hong Kong, China and Africa.

Mr Channon has a large & diverse range of oil and gas expertise, including exploration, operations, development, production, economics, new ventures, business development and IPO start-ups. He has sat on the Boards of companies listed on the ASX, NYSE, TSX and HKSE.


Andrew Bald Non-executive Director

Mr Andrew Bald has over 35 years of experience in financial markets and since branching out on his own in 2003, has raised capital for, and listed, a number of junior oil & gas and mineral exploration companies.

From 2013 through 2016, he was managing director of Burleson Energy, an oil and gas explorer with production in Texas, USA, and he has also been on the board and acted as company secretary of a number of other ASX listed companies. He is currently a corporate advisor to Melbana Energy Limited, an oil and gas exploration company that has recently made a significant oil discovery in Cuba with its Alameda-1 well and is a director of junior Copper, Gold & Lithium explorer, ActivEx Limited.

Mr Bald is the founder and executive director of Panthea Capital, a boutique corporate advisory company that specialises in raising capital for ASX listed companies, advising companies in relation to listings (IPO) and providing strategic planning, risk management and financing advice.


Jordan McArthur – Company Secretary

Jordan McArthur is a Chartered Accountant with over ten years’ corporate and financial experience in Australia and the United Kingdom. Jordan spent 6 years as an auditor with a multinational mid-tier accounting firm, gaining a breadth of knowledge from a significant focus on ASX Listed oil & gas and mineral exploration entity audits.

Mr McArthur has been the Financial Controller and Company Secretary for Xstate since 2018, and serves as Company Secretary for several other ASX Listed entities.