VERMONT COMMUNITY FOUNDATION HIRES STUART COMSTOCK-GAY AS PRESIDENT & CEOMIDDLEBURY, VT – The board of the Vermont Community Foundation announced that Stuart Comstock-Gay has been named the next President & CEO. Comstock-Gay comes to the Foundation with more than 20 years of experience in building the capacity, reach, and impact of institutions dedicated to bringing people together in the pursuit of community-minded goals.Rob Woolmington, the VCF’s board chair said that Comstock-Gay’s experience would be instrumental in continuing the work of the Foundation to help people, businesses, and organizations give effectively in Vermont. “The board was particularly impressed by Stuart’s understanding of how a community foundation can engage philanthropists and assist charitable partners in building healthy and vital communities. That is the core work of the Vermont Community Foundation. We believe Stuart will be an effective, thoughtful, and engaging leader, and we look forward to working with him.”Comstock-Gay started his career at the American Civil Liberties Union, including ten years as executive director of the Maryland ACLU. He has also served as vice president and chief operating officer at the New Hampshire Charitable Foundation, and executive director of the National Voting Rights Institute in Boston. While at the latter organization, he facilitated its merger with Demos, a national non-partisan research and advocacy organization based in New York City.Most recently, as director of the Democracy Program at Demos, he has worked to strengthen inclusiveness and democracy in the U.S. by reducing barriers to voter participation and encouraging civic engagement. In that role he has worked with election officials, legislators, and advocates across the country to pursue policies that would encourage greater political participation.Comstock-Gay said that he sees great potential to harness the community-minded spirit of Vermonters. “America’s best traditions include civic engagement and community spirit. Vermont has a long and inspiring history of these traditions. The VCF has proven that it is an important part of Vermont life. I am eager to work with VCF donors, supporters, and partners to address some of the states’s most pressing issues.”Comstock-Gay holds a B.A. in Political Science from Bucknell University and a Masters in Public Administration from the Kennedy School of Government at Harvard University. He and his wife have three daughters.The Vermont Community Foundation helps individuals, organizations, and businesses cultivate their love of giving through opportunities to learn, lead, and grow as philanthropists. The VCF has more than 500 charitable funds, each of which was established to build healthy and vital Vermont communities. In addition, the VCF offers planned giving, nonprofit agency fund management, and other services that help charitable partners achieve their missions.###
Buffalo field layout schematic; Source: CarnarvonAustralia-based Carnarvon Petroleum has completed field surveillance operations on its Buffalo project located WA-523-P in the Timor Sea and found potential surface locations for wells. Carnarvon, as the operator of the project, during the course of the first week of October mobilized a team to undertake field surveillance operations in the area of the proposed Buffalo oil field redevelopment area.This surveillance was undertaken in order to determine the potential future surface locations for wells, the platform and flowline to a floating Production, storage and offloading vessel (FPSO).Carnarvon revealed plans for drilling of the first production well on its Buffalo oil field redevelopment back in May 2018. The first step in the redevelopment is the drilling of the Buffalo-10 well, which is intended to be the first production well in the oil field redevelopment, positioned to test the new oil in the attic accumulation as well as drill deeper into the oil pool in the previously developed portion of the field.Carnarvon informed on Tuesday that the data from the survey indicates that there are no impediments to locating the wells in the surface locations that are most ideal for targeting the identified attic of oil with additional analysis continuing to be being undertaken.In line with ongoing operational readiness, the company has also submitted the Environmental Plan for the drilling of up to three wells in the field.Carnarvon is also actively engaging with the governments of both Australia and Timor-Leste in order to be able to drill a well, in the Timor-Leste jurisdiction, in the third quarter of next year.Carnarvon was awarded the WA-523-P acreage in May 2016 for an initial six-year term which included the previously developed Buffalo field. The Field was discovered by BHP in 1996 and subsequently developed using four wells drilled from a small, unmanned wellhead platform installed in 25 meters water depth, tied back to an FPSO.Production started in December 1999 at production rates up to approximately 50,000stb/d and terminated in November 2004 after the production of 20.5MMstb of highly-undersaturated, light oil (53°API) from the Jurassic-age Elang Formation. All existing facilities and wells were decommissioned and removed prior to Carnarvon being awarded the block.