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Board of Directors

Board of Directors

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George Maxwell

Chief Executive Officer and Founder

George Maxwell

Chief Executive Officer and Founder

George has over 20 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 master’s in Business Administration. George was appointed to the Board in September 2009 and was appointed as Chief Executive Officer in September 2014.

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Ron Bain

Chief Financial Officer

Ron Bain

Chief 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.

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Russell Harvey

Chairman

Russell Harvey

Chairman

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. 

Committee Membership

N Nomination committee
R Remuneration committee
TR Technical and reserves committee

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Henry Obi

Non-executive Director

Henry Obi

Non-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.

Committee Membership

R Remuneration committee
TR Technical and reserves committee

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Henry Turcan

Non-executive Director

Henry Turcan

Non-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.

Committee Membership

A Audit committee
N Nomination committee
R Remuneration committee

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Grégory Stoupnitzky

Non-executive Director

Grégory Stoupnitzky

Non-executive Director

Grégory has over 25 years of investment banking experience in the natural resources and related sectors. He held senior positions with Bear Stearns and Morgan Stanley in London, Moscow and New York. More recently he worked with CIS Capital and Renaissance Capital, providing advisory services to small companies and institutions involved with oil, gas and power assets across Russia, Kazakhstan and Sub-Saharan Africa.

He 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 a MA from Columbia University.

Grégory was appointed to the Board as Senior Independent Non-executive Director in January 2016.

Committee Membership

A Audit committee
N Nomination committee

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Brian O'Cathain

Non-executive Director

Brian O'Cathain

Non-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.

Committee Membership

TR Technical and reserves committee

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Nicholas Gay

Non-Executive Director

Nicholas Gay

Non-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. Mr Gay was also a Non-executive Director of Petroceltic International and Toreador Resources.

Committee Membership

A Audit committee