Max Petroleum’s new CFO is an Andersen Tax Man

 In Uncategorized

Max Petroleum PLC has announced that Michael B. Young has been appointed as the Company’s Chief Financial Officer, with effect from 1 September 2006.

Mr Young will join from Whittier Energy Corporation, an independent oil and gas exploration and production company headquartered in Houston, Texas, where he was the Chief Financial Officer and Principal Accounting Officer since September 2003.

From 1998 to 2002 Mr Young worked for Chaparral Resources, Inc., an oil and gas exploration and production company with operated assets in the Republic of Kazakhstan, culminating in the role of Vice President and Chief Financial Officer. From 1991 until 1998, Mr Young worked in a number of capacities in the oil and gas tax practice of Arthur Andersen LLP.

Mr Young joins as an officer of the Company, which is not a Board level position, and will be based in Max Petroleum’s London office.

Jim Jeffs, Chairman of Max Petroleum, commented:

“Having worked with Mike Young at Whittier Energy and Chaparral Resources I have seen the tremendous contribution he has made at those two companies and have no doubt that he will be a key addition to Max Petroleum’s management team as the Company moves into its next phase of growth.”

Michael B. Young commented:

“I am extremely excited to be joining Max Petroleum at such a critical juncture in its exploration program. The formidable asset base already put together in Kazakhstan, along with the high quality of the Company’s personnel, was the key factor in my decision to join Max Petroleum as Chief Financial Officer.

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