The Corporate Governance Policies of Essential Petroleum are guided by the ASX Corporate Governance Council 's Principles and Recommendations document. This document is used as a focus for re-examining the Company's corporate governance practices and to determine whether and to what extent the Company may benefit from a change in approach, having regard to the Company’s particular circumstances.
The Board of Directors of Essential Petroleum Resources Limited is committed to good corporate governance taking into account the Company's size and operations. The Board has a range of policies and processes in place to ensure the rights of the Company and its shareholders are protected. The Board of Directors has established a range of policies and practices which support the Company’s Corporate Governance Statement and the Principles and Recommendations. These policies and practices may be viewed below:
 Compliance with the Law Policy (14kb)
Company Securities Policy (13kb)
Conflict of Interest Policy (20kb)
Continuous Disclosure Policy (26kb)
Cultural and Heritage Policy (19kb)
Environmental Policy (20kb)
Audit and Compliance Committee Charter (30kb)
The Directors are responsible for the corporate governance of
Essential Petroleum and for protecting the rights and interests
of shareholders. The Board, when appointing committees, will determine
the terms of reference and reporting accountability. In general
terms, all committees will be responsible to the Board which will
ratify committee findings and decisions.
It is the policy of the Board to maintain at least a balance of
executive and non–executive Directors and implement a number
of corporate governance practices through the following specialist
committees: |
