Shell New Zealand Appoints Lloyd Taylor

10 August 2001

Media Statement

SHELL NEW ZEALAND APPOINTS LLOYD TAYLOR NEW MANAGING DIRECTOR OF EXPLORATION AND PRODUCTION

Shell New Zealand Chairman Ed Johnson has announced the appointment of Lloyd Taylor to succeed Thijs Koeling as Managing Director of Exploration and Production, effective from 1st September 2001.

In this role, Mr Taylor will become a member of the Board of Shell New Zealand Holding Company Limited (SNZH), the Chairman of Shell (Petroleum Mining) Company Limited (SPM) and Managing Director of Shell Todd Oil Services Limited (STOS).

Lloyd Taylor has been Chief Executive Officer of Fletcher Challenge Energy Limited (FCE) since March 2001 and Chief Operating Officer from 1998. Before that Mr Taylor’s career highlights included stints as General Manager Offshore Australia for Santos Limited, Chief Geologist with Sarawak Shell and Sabah Shell Petroleum Company, and Geophysicist with Woodside Petroleum Development.

Shell acquired the upstream assets of Fletcher Challenge Energy in March this year, and Lloyd Taylor has been responsible for leading the integration of FCE into Shell since then.

Lloyd Taylor, 50, holds a Doctorate in Geology and Geophysics from the University of Sydney and has 24 years upstream Exploration and Production experience, working in a range of countries including Australia, Argentina, Egypt, Holland, the United Kingdom, Malaysia and Indonesia. He is married with two daughters.

Thijs Koeling’s next assignment will be the subject of a further announcement.

CV attached

Curriculum Vitae

Lloyd Taylor

Career History
1998 - Present Fletcher Challenge Energy Ltd
CEO/COO (March 2001-present)
Responsible for the integration of the business into Shell following the purchase of the company
Chief Operating Officer (2000-2001)
Leadership of global exploration and production operations generating US$890 million revenue per annum, with 450 staff in New Zealand, Canada and Brunei.
Chief Operating Officer New Zealand (1998-2000)
Led, restructured, and repositioned the New Zealand oil and gas business while generating US$450 million revenue per annum.

1990 – 1998 Santos Ltd
General Manager Offshore Australia (1996-98)
Leadership of a rapidly growing business which included four producing areas, three committed oil field developments, two gas field pre-development projects and thirty active exploration interests.
General Manager Exploration & General Manager Offshore Australia/ SE Asia (1993 – 96)
Responsible for global exploration strategy and operations. Concurrently, led the Offshore Australia and Southeast Asia Business Unit. Accountable for the development and implementation of a business unit growth strategy.
Manager Exploration: Australia and SE Asia (1992-93)
Manager Exploration: SA & Qld (1991-92)
Manager Exploration: Bonaparte & Carnarvon (1990-91)

1980-1990 Shell International Petroleum
Chief Geologist: Sarawak Shell and Sabah Shell Petroleum Company: Malaysia (1988-90)
Shell Exploration and Production UK (1984-87)
Shell Winning NV: Egypt (1982-84)
Shell Hydrocarbons B.V.: Argentina (1981-82)

1977 - 1980 Woodside Petroleum Development Pty Ltd
Geophysicist

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