BOARD OF DIRECTORS
|
Vladimir Katic
Chairman & Chief Executive Officer
|
|
|
Pacific Energy Resources, Ltd.
|
|
Mr. Katic graduated from the University of Zagreb in 1966 with a degree in petroleum-chemical engineering. He worked for Syncrude in heavy oil projects in northern Canada before joining the Arabian American Oil Company ("ARAMCO") located in Saudi Arabia, in 1977 as an engineer in offshore drilling and production. Mr. Katic's team supervised 4 offshore "Jack up" platforms used to drill and completed over 100 wells in Saudi Arabia and was responsible for up to two million barrels of oil per day production, with an annual budget in excess of US$ 100 million. Mr. Katic left ARAMCO in 1984 and worked as a consultant on offshore oil and gas development projects for Repsol, formerly Hispan Oil. While with Repsol Mr. Katic was in charge of a company owner semi-submersible offshore drilling rig which drilled and completed 12 wells in the deep Mediterranean Sea. These wells had sub-sea completions and production hook ups to fixed production platforms. Mr. Katic also supervised the development drilling and well completion on the multi-well Gatiova Gas Platform in the Atlantic Sea.
Along with his extensive offshore background Mr. Katic also has extensive experience in enhanced oil recovery from marginal fields in Louisiana, Texas and the Texas Gulf Coast. In 1986, Mr. Katic was involved in the development of medium radius horizontal drilling technology which he successfully applied as an independent drilling contractor in both Texas and Iran. In 1988, Mr. Katic completed a US$ 15 million exploration drilling program as a turn-key drilling contractor in the Pacific Ocean offshore Panama. Mr. Katic's company as an independent contactor successfully drilled and completed 53 wells for the National Iranian Oil Company ("NIOC") on a turn key basis, raising their incremental production by 350 thousand BOPD in less than one year.
In 1993, Mr. Katic founded Nations Energy Group Ltd. (formerly Triton/Vuko Energy Group) with the objective of participating in the large-scale privatization of oil and gas assets in the former Soviet Union. In 1996, Mr. Katic and his company successfully won the international tender for one of the Republic of Kazakhstan's largest oil and gas assets. It contained over 500 million barrels of recoverable reserves, and was producing over 30,000 BOPD. From 1993 until 30th November 2000 when they sold their entire interests, certain companies that are ultimately indirectly associated with the family of Mr. Katic played a role, alongside various other private and institutional investors, in Nations Energy Company, Limited which successfully won the international tender for the privatisation of the State-block of shares in JSC Karazhanbasmunai, currently the eigth largest oil producer in the Republic of Kazakhstan. Mr. Katic is currently President and Chief Executive Officer of Pacific Energy Resources Ltd., an oil and gas exploration and development company listed on the Toronto Stock Exchange.
|
|
Darren Katic
President
|
|
|
Pacific Energy Resources, Ltd.
|
|
Mr. Katic graduated from the University of Southern California in 1996 with a Bachelor of Science in Accounting. Mr. Katic has spent his career as an oil professional focusing on finance and business development. In 1997 he joined Nations Energy Group and worked in Kazakhstan for 18 months on the completion of the company's privatization of a state owned Oil Company. While with Nations, Mr. Katic was directly responsible for the company's debt restructuring program and due diligence management with regard to potential investors and partners.
In 1999 Mr. Katic founded PetroCal Incorporated, an independent oil and gas company based in Southern California. Mr. Katic served as the company's President for 5 years, during which time Oil production went from 0 to over 400 barrels per day. In August of 2004 PetroCal and it shareholders agreed to merge with Pacific Energy. In July 2005 Mr. Katic was elected to the board of Directors and appointed as the company as President.
|
|
Pat Devlin
Director
|
|
|
Pacific Energy Resources, Ltd.
|
|
Mr. Devlin attended Simon Fraser University taking courses in Economics and Commerce. He then obtained a Diploma from the British Columbia Institute of Technology in Financial Management.
Mr. Devlin began his career as a business auditor fro Revenue Canada. He qualified as a Certified Management Accountant (CMA) in 1976 before entering law school. After receiving his law degree from the University of British Columbia in 1981, Mr. Devlin articled with Ladner Downs. In 1987 he formed Devlin Jensen together with Peter Jensen and continues today as managing principal.
Mr. Devlin's practice specializes in corporate and securities law. He has assisted in numerous clients structuring and completing complicated transactions involving acquisitions and mergers both nationally and internationally. He is also experienced in major regulatory filings and applications.
|
|
Miroslav Vukovic - Director
Mr. Vukovic graduated from the University of Belgrade in 1961 with a degree in mechanical engineering. He worked as an engineer for German companies before he founded VUKO Ltd. in Germany in 1970; a company specialized in pipe and pipeline engineering and construction within petrochemical facilities, refineries and power plants. As president of Vuko Ltd. he was responsible for business development and financing. With a staff of 1000 employees, Vuko Ltd. was involved in several petrochemical and energy projects in Germany, Switzerland, Sweden, Finland, France, Algeria, Libya, Iran and Iraq. Since 1990 he has been rendering consultancy services to companies and banks which would like to extend their business activities in CIS countries and South-Eastern Europe by developing business strategies for them as well as assisting in their implementation. In 1993 he co-founded together with Mr. Vladimir Katic Nations Energy Group Ltd. (formerly Triton/Vuko Energy Group). From 1993 until 30th November 2000 when they sold their entire interests, certain companies that are ultimately indirectly associated with the family of Mr. Vukovic, played a role, alongside various other private and institutional investors, in Nations Energy Company, Limited. Since 1999 Mr. Vukovic has been acting as a advisor for CIS countries and South Eastern Europe of the RWE Group, one of the biggest German multi utility companies with its core businesses in electricity, gas, water & wastewater, waste disposal & recycling.
|
|
Matthew Hagen - Director
Mr. Hagen completed both a Bachelor of Science, Honors Program, in International Business and Finance (Cum Laude) and a Bachelor of Arts Political Science (Cum Laude) from the University of Southern California. Mr. Hagen also received a Masters of Business Administration from the Harvard Business School. While completing his undergraduate work at USC Mr. Hagen had the unique opportunity to work in the Office of Ronald Reagan where he served as the former President's Chief of Staff Intern. In August of 1997 Mr. Hagen joined Arthur Andersen LLP as an analyst in the Mergers and Acquisitions Advisory Services Division. His duties at Arthur Andersen included the due diligence effort for buy side transactions, development of acquisition strategies, and technical assistance on various accounting issues and financial forecasting. In August of 1998 Mr. Hagen joined Thunderbird Moulding Company as a Vice President. His role is to devise strategies and solutions in finance, manufacturing, and distribution for the largest manufacturer of wood mouldings in the United States. In 2002 Mr. Hagen became the President and COO of American Wood Moulding LLC, the largest moulding distributor in the United States with sales in excess of $200 million. Mr. Hagen also holds a Directorship at his family's winery, Mount Eden Vineyards, and various international timber enterprises.
|
|
James Watt - Director
Mr. Watt is Chief Executive Officer of Maverick Oil and Gas (OTCBB: MVOG). He
began his career as a geophysicist with Amoco Production Company in 1971. From
1974-1991 he was employed by Union Texas Petroleum and had positions including
Director of Geophysics, General Manager and Regional E & P manager over various
areas of the U. S. He became Vice President of Exploration and Exploitation for
Nerco Oil and Gas in 1991 and when that company was sold he became Vice
President of Exploration for Seagull Energy E & P. In 1997 he became President
of Box Energy later renamed Remington Oil and Gas Corporation. He restructured
Remington and developed it into a highly successful offshore oil and gas entity.
Remington was sold to Helix Energy Solutions Group in June of 2005 in
approximately a $1.4 billion transaction. The initial market capitalization of
Box when he took over was under $100 million. Mr. Watt has over 35 years oil and
gas experience and received a B. S. in Physics from Rensselaer Polytechnic
Institute in 1971.
|
|
Grant Henderson - Director
Mr. Henderson is President of Talon Oil & Gas LLC. Prior to founding Talon he
was Vice President of Worldwide Business Development and Vice President of
Southern U.S. Exploration and Production for Kerr-McGee Oil and Gas Corp., a
wholly owned affiliate of Kerr-McGee Corp. Mr. Henderson received a Bachelor of
Business Administration degree in finance from Texas Tech University in 1981.
Mr. Henderson began his tenure with Kerr-McGee as a result of the merger with
Westport Resources Corporation in June of 2004. At Westport, he served as
Executive Vice President and Southern U.S. Division Manager. Other positions he
has held through the years include President and Chief Operating Officer and
member of the Board of Directors of Belco Oil & Gas Corp., which merged with
Westport; President and Chief Financial Officer and member of the Board of
Directors of Coda Energy, Inc.; and Senior Vice President and Division Manager
of the Energy Banking Group at NationsBank, now Bank of America.
|
|
