Board of directors

Steven has over 45 years of oil and gas industry and investment banking experience. He was a non-executive director of Tullow Oil plc for eleven years until December 2012 and served as its Senior Independent Director.

His oil and gas industry experience includes roles at Iraq Petroleum, Amoco, BP and Mesa, and his banking experience includes senior roles leading energy teams at the Chase Manhattan Bank, NatWest Markets and CIBC. He has served as an independent director at First Quantum Minerals Ltd and Songa Offshore SE and is currently Chairman of Kenmare Resources. He holds an MA in Natural Sciences from the University of Cambridge.

Steven joined the Board as Chairman in 2018 and is Chairman of the Nominations Committee.

David has spent over 50 years working in the oil and gas industry. He was at BP for the first 37 years, where he held the positions of Chief Geologist in 1979, General Manager, Exploration in 1984 and then Chief Executive, Technology for 10 years from 1987. He retired at the end of 1998 with the position of Chief Technology Advisor for the BP Group.

Following his retirement from BP, David held a variety of advisory and board positions, including nine years on the board of BHP Billiton, and was a member of the advisory board of Riverstone Holdings.

David joined the Board in 2013 and is Senior Independent Director.

John has over 30 years’ oil industry experience, having qualified as a Chartered Accountant with Arthur Andersen in 1981. He is a member of the Association of Corporate Treasurers and the Institute of Taxation.

John spent 11 years at Enterprise Oil, where he was Business Development Manager and subsequently Group Treasurer. In addition, John has been Finance Director of a number of listed E&P companies, including Premier Oil from 1999-2005. He was Managing Director, Head of Oil and Gas, at the Royal Bank of Scotland from 2007-2008, and since 2010 has worked as a consultant to, and non-executive director of, a number of listed and private E&P companies. He is currently a non-executive director of Lekoil Limited and Chairman of Global Petroleum Limited, both of which are quoted on AIM.

John joined the Board in 2013 and is Chairman of the Audit and Risk Committee.

Roy is Partner and Head of Technical at Kerogen Capital. He has over 35 years of technical, commercial and managerial experience in the upstream oil and gas industry, obtained through both operating and service company roles on projects throughout the world. Previously, he was Managing Director of Consulting at RPS Energy Ltd, a leading upstream technical consultancy and reserve auditor. Prior to RPS, Roy held senior positions at PGS Reservoir, Ranger Oil and Sovereign Exploration, and spent around ten years at BP, where he trained as a petroleum reservoir engineer.

Roy joined the Board in 2016 in accordance with the terms of the Kerogen Relationship Agreement. He appointed Jason Cheng or, in his absence, Leonard Tao as his Alternate Director on the Board.

Sandy has over 35 years of experience in the oil and gas industry, focused on legal and commercial roles. From 2008 until its takeover in 2013, Sandy was Executive Director Corporate & Commercial, and Company Secretary of Valiant Petroleum, a company of which she was a founder and initially a non-executive director. She has also held senior executive positions as group legal counsel and/or commercial director for a number of other oil and gas companies including Consort Resources, LASMO, Esso Petroleum and Marathon Oil. Sandy is currently a non-executive director of Velocys plc, an AIM quoted renewable fuels company.

Sandy joined the Board in January 2019 and is Chairman of the Remuneration Committee.

Jason is the Managing Partner and co-founder of Kerogen Capital, where he serves on its Investment Committee and is responsible for its daily operations. Jason has over 20 years’ commercial experience across investing, operations and investment banking. He was previously the Managing Partner of Ancora Capital and, prior to this, he was Managing Director of Jade International Capital Partners Limited in Beijing, where he was involved in Sino-foreign investments and advisory assignments. He previously worked in investment banking at JP Morgan in the Energy and Natural Resources Group and, prior to this, at Schroders in the energy and Asian M&A teams. Jason is regulated by the FCA in the UK and the Securities and Futures Commission in Hong Kong.

Leonard is a Partner of Kerogen Capital, having joined the firm in 2011. Prior to this he spent around nine years in the Energy and Natural Resources Group at JP Morgan, in both Australia and Hong Kong, where he managed a wide range of M&A and capital markets transactions in the natural resources sector across numerous geographies, including Asia, Central Asia, Latin America and Africa. Leonard is regulated by the Securities and Futures Commission in Hong Kong.