Mr Phillips, who joined Blue Energy in May 2009, has developed a deep understanding of the coal seam gas industry as a result of his experience while working with Conoco in the 1990s through to his previous role as COO of CSG explorer Sunshine Gas.
Peter Cockcroft, chairman of Blue Energy, who will simultaneously relinquish executive duties, said: “Mr Phillips’ appointment as CEO would provide additional leadership stability as the company pursued new growth opportunities and strengthen its governance structure.
“John and his management team have the experience, know how and resources to take Blue Energy into a new phase for CSG which has now evolved from an initial discovery stage into a period of fully fledged implementation, towards commercialization, for the benefit of shareholders.”
