Phil Thick

GOOD DNA only gets a business founder so far.Motor vehicle dealer John Hughes is one who believes the genes passed on to him by his forebears give him plenty more time in the driver’s seat at his successful business.

Warnick joins Miro Advisors

New Standard Energy plans to diversify its interests in the oil and gas sector by completing a farm-in agreement in the Cooper Basin in South Australia and acquiring 5,182 acres in a Texas oil shale asset.

Oil and gas explorer New Standard Energy has sought to assure shareholders it is committed to its projects in Western Australia after deferring all of its Canning and Carnarvon Basin drilling activity until 2015.

The entry of two European energy companies into WA will help to bolster activity in the onshore oil and gas sector, which is set for a pick-up after a series of disappointments.

Miro Advisors has been selected by oil and gas explorer New Standard Energy to manage the farm-out of its Western Australian exploration acreage, continuing four years of rapid growth for the Perth advisory firm, as detailed in this week's edition of Business News.

West Perth-based oil and gas junior New Standard Energy has announced further cuts to its workforce in response to the falling oil price environment, with just four employees remaining across Australia and the US.

Salaries for newly-appointed chief executives at WA-listed companies were down by 20 per cent from the levels prevailing last year, research by Business News has found. Click through to see salary packages for 77 WA chief executives.

New Standard Energy has secured $US3 million ($A3.9 million) from its existing debt facility with Credit Suisse to provide working capital while it continues transaction discussions with unnamed parties.

Global demand for lithium is expected to increase by three to four times by 2025 and projected supplies will not keep up, Tianqi Lithium Australia general manager Phil Thick told a Mining Club lunch today.

Tianqi Lithium’s support for WASO’s Kwinana school music program exemplifies the Chinese company’s growing presence in WA.

SPECIAL REPORT: Ten lithium projects under construction or in advanced planning to bring new lithium supply onto the market will dramatically boost exports of the commodity in coming years.

Chinese company Tianqi Lithium has approved the second stage of its processing plant in Kwinana, a $300 million investment to double production capacity to 48,000 tonnes of lithium hydroxide per annum.

Our weekly appointments wrap includes David Gainer, Andrew Hammond, Len Kosova, Phil Thick, Derek Hays, Warren Hallam, Dan Foo, Thomas Currin, Tim Roach, Richard Franklin, Shaun Day, Rowena Roberts, Mark Wilde, Simon Harcombe, Steve Elias, Simon Brown, Bryan Ting and J

Our board moves wrap includes Margaret Hall, Paul Say, Shannan Bamforth, Phil Thick, Stuart Tarrant, Barry Woodhouse, Nick Marinelli, Natasha Santi, and Ryan Woodhouse.

Our board moves wrap includes Casta Tungaraza, Serge Ngandu, Nicolle Fleming, Mark Ashby, Darren Naylor, Oliver Kreuzer, Mohammad Ali Shah, Lawrence Teo, Nick Selby, Greg Jones, Amy Stefonick, Hugh Warner, Chris Hilbrands, Phil Thick, Matthew Gauci, Matthew Worner, Andrew Muir, and Pip Darvall.