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Mako Hydrocarbons Appoints Malcolm Bult As Its Executive Advisor

Mako Hydrocarbons (ASX: MKE) has appointed former Aurora Oil & Gas (ASX: AUT) commercial manager Malcolm Bult as its executive advisor as it moves to exploit its exposure in the Duvernay Formation.

Bult's experience in the early development of Aurora from a junior explorer into an ASX 100 oil and gas producer will provide Mako's executives with valuable insight in relation to its activities, projects and strategies.

His active support in ongoing investor relations and marketing activities will also enhance the company's profit in the Australian market.

Bult was Aurora's commercial manager from January 2008 to October 2011. Prior to this, he had a successful tenure as private oil and gas company Cape Energy's commercial manager, a member of the corporate development team at Woodside Petroleum and a business analyst with the vertically integrated energy company Energy Equity Corporation.

He has 15 years of experience in the energy industry that includes merger and acquisitions, strategic planning, public market finance, business development and financial analyses.

Mako's private partner is set to drill the first vertical test well in the Duvernay later this year.

The company has also recently brought the first of three new wells at its Provost project into production and is completing battery facility upgrades before bringing the other two wells on stream.

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