Jadestone Energy Inc. has named Dan Young as its CFO, effective Jan. 18, according to a news release.
He is filling the position that will be vacated by Will Mathers, who is stepping down from the CFO role.
With more than 20 years of experience in oil and gas and natural resources investment banking as well as advisory and consulting roles, Young comes from Wood Mackenzie where he was senior vice president and head of APAC Consulting, the release said. Prior to that, he worked for 13 years in JP Morgan’s global energy investment banking coverage and mergers and acquisitions group.
Young is joining the Singapore-headquartered company as it works to increase its oil and gas assets. In November, Jadestone completed the acquisition of its first producing asset offshore Western Australia, the Stag oil field, according to the release. Currently, the company is working to complete the purchase of two gas fields, offshore Vietnam in the Nam Con Son Basin, in the next two months and bring them onstream in 2019.
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