Indo-Pacific strengthens board

Former Horizon Oil exploration manager Terry Russell and former Fletcher Challenge Energy Canada executive Drew Cadenhead have been appointed to the board of Indo-Pacific Energy.

Indo-Pacific chief executive Dave Bennett said from Wellington today that both men were very familiar with the Taranaki Basin and its prospectivity, particularly onshore regions. Cadenhead would remain in Canada as a director of the Canadian-listed company, though Russell had already started work in Indo-Pacific's Wellington head office.