Target Energy - Australian petroleum exploration and production company.


Directors and Management

Laurence Roe - BSc - Managing Director

Laurence Roe is a petroleum professional with over 30 years experience gained in the industry both in Australian and international projects. He commenced his career with Santos Limited, subsequently taking a senior technical position with Magellan Petroleum Australia Limited, where he was later appointed Exploration Manager. While with Magellan, he had substantial involvement with US and other international projects.

In 1997, Laurence left Magellan to start a consulting practice, working for a number of Australian explorers in domestic and international projects. In 2001, he was appointed Exploration Manager for Bounty Oil & Gas NL, responsible for its portfolio of Australian and international acreage. He was later appointed as Managing Director. In 2006, he co-founded Target Energy Limited.

His experience encompasses most Australian sedimentary basins, as well as the USA, New Zealand, Mauritania, Tanzania, Canada, Indonesia, Belize and Argentina.


Stephen Mann - CA - Director

Stephen Mann is a Fellow of the Institute of Chartered Accountants of Australia and has more than 30 years of experience in public practice.

Stephen was Managing Partner in BDO Chartered Accountants and Advisors and established its Corporate Finance Division. Since 2003, Stephan has been Chief Financial Officer of, and, more recently, a consultant to, the Nacap Asia Pacific Group - a large Dutch group that specialises in oil and gas pipeline construction.

He is also a Director of Investmet Limited (a significant shareholder in Target Energy), a Non-Executive Director of the ASX-listed company Pegasus Metals Ltd and a Non-Executive Director of Altus Renewables Ltd, an unlisted public company.


Matthew Battrick, B.Sc. (Geology), MPESA, MAAPG, GAICD

Matthew Battrick is a graduate of the Royal Melbourne University of Technology (RMIT) and has over 36 years of international E&P exploration and development geoscience technical and management experience.His career included local and international assignments with both major and large independent oil and gas companies (LASMO, Ampolex, ExxonMobil & Eni) before joining Pancontinental Oil & Gas NL (ASX:PCL) in 2004 as Exploration Manager, then General Manager. Matthew was appointed as Managing Director (MD) and Chief Executive Officer (CEO) of Sun Resources NL (ASX:SUR) in January 2008 and served in a number of executive roles through to November 2016. He is currently the principal consultant of Battrick Oil & Gas Australia Ltd (BOGAL), providing strategic advice to the small-cap oil and gas sector.

Matthew is a Member of the Petroleum Exploration Society of Australia and has been a member of the American Association of Petroleum Geologists for 37 years. He has written or co-authored technical papers that have been published in PESA, Geol. Soc. UK, APPEA and AAPG journals and/or conference proceedings and he qualifies as a Competent Person under ASX oil & gas resource reporting guidelines. He is an active member of the Australian Institute of Company Directors (GAICD) and he is currently an independent alternate director for MEC Resources (ASX:MMR). Matthew was a director of the Activ Foundation (Inc.), a Western Australian-based, non-government organisation for people with intellectual disabilities from 2001 to 2011 and he is currently serving as a Councillor for Activ.

Dean Calder, B.Bus CA, ACIS - Company Secretary

Dean Calder is a qualified Chartered Accountant who has over 25 years' experience. Dean completed a Bachelor of Business degree in 1988 with a double major in Accounting and Business Law. He qualified as a Chartered Accountant in 1992 and after spending 8 years working for international accounting firms, he commenced public practice as a partner in a West Perth accounting firm in 1997.

Dean is also a Chartered Secretary and has sat on various ASX-listed company boards in recent years.

Don L. Sytsma, BSc-Accounting, CPA - VP (Finance) TELA (USA) Inc

Don Sytsma has 30 years financial, commercial and accounting experience in the oil and gas industry in the upstream and midstream segments. He has previously served as Chief Financial Officer and Principal Accounting Officer of Lucas Energy Inc. (LEI: NYSE:AMEX) and multiple microcap OTC stock exchange traded oil and gas exploration and production companies. He is a prior Executive Committee member of the North American Energy Standards Board and has co-chaired various industry standards subcommittees. He currently provides CFO-related services and public company SEC compliance filing assistance to both domestic and international entities with US-based oil and gas operations.

Don graduated with highest distinction with a Bachelor of Science in Accounting from Indiana University, and is a licensed Certified Public Accountant in the State of Texas.


ASX Announcements

FlameResignation of DirectorJan 4th 2019

FlameAppendix 3BDec 24th 2018

FlameAppendix 3Y MannDec 24th 2018

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Contact Details

Principal Place of Business
Suite 5, 6 Richardson Street
West Perth WA  6005

P: +618 9476 9000
F: +618 9476 9099
US Office
1900 St James Place, Suite 425
Houston, Texas, 77056
United States of America

P: +1 713 275 9800
F: +1 713 275 0999
Email To:
ABN: 73 119 160 360