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Mr Albers has over 30 years experience as a director and administrator in corporate law, petroleum exploration and resource sector investment. He is a law graduate of the University of Melbourne and practiced commercial and corporate law in Victoria until 2001.
In 1978 Mr Albers first became involved in oil exploration. At that time companies associated with him applied for and were awarded exploration permits in the offshore Bass Basin. Exploration in one of these permits, T14P, led directly to the discovery of the Yolla Gas Condensate Field.
In the early 1980's Mr Albers formed Cue Energy Resources Limited ("Cue Energy") in New Zealand, of which he remains a Director. Cue Energy took a significant interest in the drilling of a number of offshore wells in New Zealand including the Maari Oilfield discovery wells, and in Australia where Cue Energy participated in the discovery of the Yolla Gas Condensate Field. More recently Cue Energy focused its attention on Papua New Guinea, where it holds an interest in the unitised S E Gobe Oil Field development. In 2001 Cue Energy made the Oyong oil and gas discovery in offshore Indonesia.
In 1983, Mr Albers co-sponsored the formation of Southern Petroleum NL ("Southern") in New Zealand, with Southern became a successful producing company following discoveries, reaching a peak sharemarket valuation in excess of NZ$250 million before being taken over by the Fletcher Challenge group and later being absorbed into the Shell group | 