CBM Asia Development Corp. announced that Mr. Keith Potter, M.Eng. has been appointed General Manager for Indonesia, effective immediately.
Mr. Potter brings to CBM Asia over 29 years experience in the international oil and gas industry, including 10 years in Indonesia and 12 years successfully financing and developing early stage coalbed methane projects. Most recently, Mr. Potter held the position of President Director at PT Seamgas Indonesia, a subsidiary of WestSide Corporation Limited and PT Bumi Resources, where he was engaged in assessing coalbed methane development potential and proving up gas reserves. While at PT Seamgas Indonesia, Mr. Potter launched a coalbed methane exploration drilling and testing program in East Kalimantan and identified over 3 trillion cubic feet (TCF) of recoverable gas.
Mr. Potter will be based in Jakarta, and will initially be responsible for overseeing the management and operations of the Company’s current coalbed methane exploration and development programs, as well as the evaluation of new projects.
Mr. Alan Charuk, CBM Asia’s President and Chief Executive Officer , commented, “ Keith has deep knowledge of operations and finance of coalbed methane projects in Australia and Indonesia. We are delighted that he has joined our team and are confident his in-country expertise will be instrumental as we continue our transition from a successful land acquisition company to establishing productive coalbed methane assets. ”
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LNG World News Staff, November 21, 2011; Image: CBM Asia