ABOUT

Company Overview

The Company’s strategy is to become a best-in-class provider of production critical services within the resources, construction and utilities industries. This strategy has been underpinned by our wholly-owned subsidiary Pentium Hydro Pty Ltd and the effective deployment of its modern fleet. Further to this the Company intends to leverage its core competencies to identify opportunities aimed at diversifying and expanding the scale of the Company’s operations.

The Board of Management

PETER HUTCHINSON

BCom, FAICD, FCPA
Chairman

Mr Hutchinson holds a Bachelor of Commerce from the University of Western Australia (UWA) and is a Fellow of both the Australian Institute of Company Directors and Certified Practicing Accountants.  He has at the most senior level managed a diverse portfolio of industrial investments in manufacturing, engineering, construction and property over a 30-year period. 

Mr Hutchinson was a Non-Executive Director of Kumarina Resources Ltd (now Zeta Resources).  Mr Hutchinson was the founding director of the ASX listed Forge Group Ltd, floated in 2007 with a market capitalisation of $12m and reaching over $450m at the time of Mr Hutchinson’s resignation as CEO and final sell down in July 2012.  More recently he has chaired the ASX listed company Resource Equipment Ltd and was the founding shareholder and Chairman of Mareterram Ltd, both the subject of successful takeover bids at significant premiums to market prices.  

Mr Hutchinson has substantial experience in M&A, prospectus preparation, ASX listings, compliance and corporate governance, company secretarial requirements and exit strategies, and has been a Member of various Audit, Remuneration and Nomination Committees, often as Chairman. He was previously a Council Member of St Thomas More College (UWA) and Foundation Member Aquinas College, Perth Western Australia.

SHELDON BURT

Director

Mr Burt is a drilling industry professional with over 30 years national and international experience. He started his career as a Drillers Offsider in 1986 and has held many differing roles over the years which include field based, operations, senior management and directorships.

Mr Burt’s international experience extends to South East Asia, the Middle East and West Africa. In 2004 he co-founded and was the Managing Director of SBD Drilling, an exploration drilling company with successful operations in Australia and West Africa.

From 2012 to 2018, Mr Burt was General Manager of Easternwell Minerals, part of the Easternwell group, a wholly owned subsidiary of Broadspectrum.

CHRIS BROPHY

MBA, MSc MEE, MAICD
Non-Executive Director

Mr Brophy is an accomplished business leader with over 15 years of senior leadership and consulting experience within the Mining, Oil & Gas and Infrastructure industries. Mr Brophy is a specialist in strategy, portfolio growth, financial and operational restructuring. 

Mr Brophy previously held the role of CEO for OnContractor which operates an online marketplace connecting industry to white collar specialists, contractors, trades and consultants. Prior to this, he was the Maintenance Services Director for the TRACE JV.  TRACE is Broadspectrum’s joint venture with Actemium providing INPEX maintenance services to support the operation of the Ichthys LNG onshore facilities in Darwin.    

Mr Brophy was also previously responsible, as Offshore Portfolio Manager, for the overall management and day-to-day operations of Woodside Energy Portfolio incorporating some 250 employees including a team responsible for maintenance operations, brownfields implementation, engineering support, supply-chain management, quality control, and process development.

Mr Brophy holds a Masters of Business Administration, a Masters of Science in Mineral and Energy Economics and is a member of the Australian Institute of Company Directors (MAICD).

About Pentium Hydro Pty Ltd

Vysarn Ltd is the holding company of Pentium Hydro Pty Ltd, a dedicated hydrogeological and dewatering business.