Directors
Paul Griffiths
Executive Chairman
Mr Griffiths has 40 years’ oil and gas industry experience, including with the Libyan National Oil Corporation and Gulf Oil, and as CEO of both Island Oil & Gas plc and Fastnet Oil and Gas plc. During this time Mr. Griffiths has managed 2D and 3D seismic data acquisition and processing projects onshore and offshore; drilling and testing programmes, both onshore and offshore; and geological and reservoir simulation desk top studies. Mr. Griffiths is also experienced in business development in respect of licence acquisitions, farm-ins, farm outs, gas marketing and gas sales contracts and negotiations with government agencies. In 2006, Mr. Griffiths put together and led the team that drilled the first successful exploration well in offshore southeast Ireland in 16 years. In 2008 he put together and led the team that generated and submitted the plan of development for the Amstel Field in the Netherlands and in 2014 he put together and led the team that carried out the Tendrara gas field re-evaluation prior to a successful appraisal drilling programme by Sound Energy. He is a geology graduate of the Royal School of Mines (London) and an Associate of the Royal School of Mines.
LONNY BAUMGARDNER
Managing Director
Mr. Baumgardner has more than 30 years oil & gas experience and has been involved at every stage within the E&P lifecycle. Having started his career as a Drilling Engineer in his native Canada, he advanced his career towards Operations Management and General Management, in various international locations such as the USA, Greece, Tanzania, Saudi Arabia, Kuwait, Egypt, Australia, and Morocco.
In 2015 he was appointed Country Manager for SDX Energy in Morocco, responsible for all areas of the business including production, license acquisitions, foreign and domestic negotiations and Governmental relations. Under Mr. Baumgardner’s leadership, production and natural gas sales were tripled and the organization was able to achieve seven new customers after the success of drilling over 20 wells. His emphasis on corporate social responsibility meant that every employee within the organization was able to succeed.
Developing relationships has been an underlying skill throughout his career and the foundation of his successes internationally have been bred through understanding and respecting regional nuances.
Alistar Jury
Non- Executive Director
Alistar has over 25 years’ experience in the energy industry in a variety of finance and commercial roles with ExxonMobil, Unocal, Murphy, Svenska Petroleum and a number of AIM and business start-ups in the energy sector.
He sits on the Board of several UK and overseas energy and consulting companies and is an associate of Columbus Energy Partners involved in evaluating renewable and sustainable energy projects worldwide.
He is a Fellow member of the Association of Chartered Certified Accountants and has a degree in Geology from University of London.
The Audit and Remuneration Committees comprise both of the two new Non-executive Directors.
Carl Kindinger
Non-Executive
Mr Kindinger has held senior corporate finance roles for 30 years, including board level appointments, in a multitude of industries in several countries, including for much of the past eighteen years in oil and gas exploration. He joined the Board of Island Oil & Gas in 2006 and was a founder member of Pathfinder Hydrocarbon Ventures, later profitably on-sold to Fastnet Oil and Gas Ltd, a UK-based oil and gas explorer. He was also a former Non-executive Chairman of Predator Oil & Gas Holdings Plc before stepping down to attend to family matters.
He is an associate member of the Institute of Chartered Management Accountants and also holds a degree in economics and an MBA.
His experience has been gained in small and medium sized companies in Africa, the Middle East, Ireland and Romania. He has participated both at executive committee and board level in strategic decision making. His major achievements include identifying, evaluating and promoting major investment projects, raising finance in difficult circumstances, a tax saving-led equity and debt restructuring, and mergers and acquisitions. He is seasoned at high level negotiations with JV partners, suppliers and principals. He has considerable experience in Stock Exchange and IFRS reporting, IPO requirements, business plans and performance evaluation.