i3 Energy Plc’s (LON:I3E) chair David Knox is leaving the North Sea oil and gas firm to oversee Australia’s largest renewable energy provider.
The company, in a statement, noted that Knox took on the role of chairperson at Snowy Hydro Limited and he is now stepping down from the I3 board and departing to focus on this new role during a critical and trying time in Australia.
Linda Beal will be i3’s interim chair whilst a formal search for Knox’s replacement is undertaken.
READ: i3 Energy confirms Serenity and Liberator drill plans for 2020
i3 also updated on its well site survey for the Serenity and Liberator West project areas, which kicked off last week and will conclude this month.
The company noted that the survey will ensure all potential drilling locations remain targetable during the company's planned 2020 drilling campaign, which remains subject to funding.
It said the survey will also enable the completion of the necessary permitting process for appraisal drilling, due in the summer.