George MaxwellChief Executive Officer and Founder
George has over 25 years of oil industry experience in both the producing and service/manufacturing arena. He was Business Development Manager for Addax and, prior to this, Commercial Manager in Geneva. George joined Addax in 2004 and held the General Manager’s position in Nigeria where he was responsible for finance, and fiscal and commercial activities.
Prior to this, George worked with ABB Oil & Gas as Vice President of finance based in the UK with respon sibilities for Europe and Africa. He held a similar position in Houston, from where the organisation ran its operations in 10 countries. George was Finance Director in Singapore for Asia Pacific and Middle East, handling currency swaps and minimising exposures during the Asian financial crisis of the late 1990s.
George graduated from Robert Gordon University in Aberdeen with a Masters in Business Administration. He was appointed to the Board in September 2009 and was appointed as Chief Executive Officer in September 2014.
George is a Fellow of the Energy Institute in the UK.
Ron BainChief Financial Officer
Ron recently led the Financial Integration Planning for the Baker Hughes / GE Oil & Gas merger. Prior to this Ron was the Regional Accounting Director of Europe, Africa and Russia/Caspian for Baker Hughes where he was responsible for all financial reporting, financial management and compliance activities. He has a depth of experiencewith roles of increasing scope and responsibility including Controllership, Company Secretarial, Treasury and FP&A with companies such as Baker Hughes, BJ Services, Donside Paper Company and Vetco Gray. He is a qualified Chartered Accountant FCCA.
Russell has over 30 years of diversified experience in the upstream oil and gas business. He started his career with Philips Petroleum in Texas and Norway and has held executive positions with Kerr McGee Oil, a leading US independent where he was responsible for properties in the UK, Norway and the Middle East. Russell was Managing Director of Lasmo North Sea from 1991 to 1996.
Russell has broad international experience, as well asexperience in the development of a number of start-up exploration, production and service companies both in the UK and internationally.
Russell has a BSc in Mechanical Engineering from Imperial College and is a member of the Institute of Energy. Russell was appointed to the Board as Independent Non-executive Director in August 2012 and moved to the role of Chairman in December 2015.
Technical and Reserves Committee
Henry ObiNon-executive Director
Henry Obi has over 15 years' experience in private equity sector and is currently a Partner and Chief Operating Officer at Helios Investment Partners where he is responsible for its operations and serves on Helios' Equity and Credit Investment Committees. Prior to joining Helios in 2006, Henry was a Partner at Aureos Advisers Limited where he was responsible for monitoring the performance of the firm's funds in Africa and Central America and their compliance with investment policy. Prior to Aureos, Henry worked for Actis, CDC Group Plc and Dynegy, a US energy trader.
Henry holds a BSc. Architecture and MSc. Architecture from University of Nigeria, a B.Arch. from University of Nottingham and an MBA in Finance from the London Business School.
Henry was appointed to the Board as Non-executive Director in July 2016 and is a representative of Helios, one of the Company's largest shareholders.
Henry TurcanNon-executive Director
Henry has worked in financial services since 1996, with a focus on equity capital markets. Having spent the majority of his career advising growth companies within investment banking, he switched to investment management when he joined Henderson Global Investors in 2015. In 2017, the funds managed by Volantis were transferred by Henderson to Lombard Odier Investment Management. Henry was an original investor in Eland and prior to joining the Board as a Non-executive Director in January 2015 he advised the Company from its seed funding to its listing on AIM in 2012.
Henry graduated with an MA (Hons) in Modern Languages from Edinburgh University and is a Member of the Securities Institute.
Henry is a representative of the funds managed or sub-advised by Lombard Odier Investments Manager group entities, collectively one of the Company's largest shareholders.
Grégory StoupnitzkyNon-executive Director
Grégory was appointed to the Board of Eland Oil & Gas in 2016. He also serves as an Independent Director of Twelve Seas Investment Company, a Nasdaq quoted blank check company and is currently an Advisory Director with Innolith AG, a private company developing new battery technology for utility scale power storage and other applications. In recent years, he served on the boards of Azonto Petroleum, now Calima Energy Ltd., and Vioco Petroleum. Grégory has over 25 years of investment banking experience in the energy and natural resources sectors. He held senior positions with Morgan Stanley, Bear Stearns and Renaissance Capital in London, Moscow and New York, where he worked with both companies and investor groups operating assets across emerging markets including Latin America, the CIS and Sub-Saharan Africa.
Grégory is a member of the Advisory Board of the Graduate School of International and Public Affairs at Columbia University in New York and is active with the University's Centre for Global Energy Policy. He has a BA and an MA from Columbia, as well as a postgraduate degree from Moscow State University.
Brian O'CathainNon-executive Director
Brian is a geologist and petroleum engineer with over 30 years' experience in senior technical and commercial roles in upstream oil and gas E&P companies, including Shell International, Enterprise Oil and Tullow Oil plc. He has experience in working in West Africa, North Africa, onshore Europe, the North Sea, the Gulf of Mexico, South Asia and offshore Ireland. He was the Managing Director of Tullow Oil's International Business during the Energy Africa acquisition, and served as Chief Executive of Afren from 2005 to 2007. He was also the Chief Executive of Petroceltic International from 2007 to 2016. During this period Petroceltic discovered the Ain Tsila gas condensate field in Algeria and concluded a nil-premium merger with Melrose Energy. Brian holds a first-class honours degree in Geology from the University of Bristol.
Technical and Reserves committee
Nicholas GayNon-Executive Director
Nicholas Gay is a qualified chartered accountant and taxation specialist, and an experienced upstream executive with over 30 years' experience in the international oil and gas industry. He began his career with Arthur Andersen & Co and progressed to finance and taxation roles in the UK North Sea with LL&E and Kerr McGee.
Mr. Gay has extensive public markets experience having served in the positions of Chief Financial Officer of PetroKazakhstan, and as Chief Executive Officer of PetroLatina Energy and Bitech Petroleum. Subsequently he was CFO and then CEO of Compact GTL.
Nicholas holds a degree in Economics and Economics History from the University of Durham and is a Fellow of the ICAEW and an Associate of the Chartered Institute of Taxation.