State Gas Limited has appointed Mr. Doug McAlpine to the position of chief executive officer. Mr. McAlpine has over twenty years experience in public company management across the finance, mineral exploration and construction sectors. He has significant experience in leading companies through periods of substantial organisational change and growth.

Mr. McAlpine has a strong commercial and financial background, with strong experience in prudent sourcing and allocation of capital and in the negotiation and management of complex commercial arrangements. Mr. Richard Cottee will remain Executive Chairman until further notice. With the appointment of the new CEO, Mr. Greg Baynton has moved from an Executive Director role to Non-Executive Director.

Commencement date: 30 November 2022; Term: Appointment on an on-going basis; Total Fixed Remuneration: AUD 300,000 base salary excluding superannuation.