Corporate Governance

Warrego Energy Limited

ASX CODE: WGO

Corporate Governance is the system by which Warrego Energy Limited is directed and managed. It influences how the objectives of the company are set and achieved, how risk is monitored and assessed, and how the performance of the company is optimised.
 
The Warrego Board of Directors acknowledges its accountability to shareholders for creating shareholder value within a framework which protects the rights and interests of shareholders and ensures the Company is properly governed.

Warrego Energy's governance framework includes key features and practices that are reviewed regularly and upgraded or changed as appropriate to reflect the company's interests, changes in law and what is generally regarded as sound practice.

The Board of Directors acknowledges the Principles of Good Corporate Governance and Best Practice Recommendations set by the Australian Stock Exchange ("ASX") Corporate Governance Council. In view of the Company's current size and extent of nature of operations, full adoption of all the recommendations is currently not practical. The Board will continue to work towards full adoption of the recommendations in line with growth and development of the Company in the years ahead. The company's Corporate Governance Statement below provides details of how Warrego Energy is addressing ASX Corporate Governance Council’s “Corporate Governance Principles and Recommendations with 2014 Amendments (3rd Edition)”.

Our corporate governance documents are available to download in PDF format below;
 

Latest from Warrego Energy

"We have confirmed an initial 2C Contingent Resources estimate of 1,185BCF for the Kingia and High Cliff Sandstones making West Erregulla one of the largest conventional onshore gas fields in Australian history."

Dennis Donald, Warrego Energy Group CEO & Managing Director
"Warrego's Perth Basin asset West Erregulla is officially a world-class resource."

Dennis Donald, Warrego Energy Group CEO & Managing Director
"Whilst we have seen significant short-term shareholder value creation, the journey for the true underlying value of our total asset portfolio has only just begun."

Greg Columbus, Warrego Energy Chairman