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Bahamas Petroleum Co. Plc

Bahamas Petroleum Co. Plc

Sector: Oil And Gas Field Exploration Services Region: United Kingdom


: | London Stock Exchange: BPC


Bahamas Petroleum Company plc is an oil and gas exploration company with 100% owned offshore licences exclusively focused on the Commonwealth of The Bahamas. Bahamas Petroleum Company are intent on demonstrating a dramatic reduction in technical risk through the acquisition and interpretation of modern data and are committed to maintaining environmentally responsible exploration. The Company strategy is to create value growth from exploration for hydrocarbons in Bahamian licences and maximise wealth creation for all the people of The Bahamas and wider stakeholders. The Bahamas Petroleum Company group was founded by Alan Burns in 2005 and the company’s registered office is based in the Isle of Man, United Kingdom.

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Executives

Adrian Collins, Non-Executive Chairman
Adrian Collins has worked in the fund management business for over 35 years, a large part of which was at Gartmore Investment Management plc where, latterly, he was managing director. He is chairman of Liontrust Asset Management plc and is also on the boards of City Natural Resources High Yield Trust plc, Douglas Bay Capital plc, New City High Yield Fund plc and a number of other companies. He was appointed Non-Executive Chairman on 3 October 2011.
Simon Potter, Chief Executive Officer
Simon Potter qualified as a geologist with an M.Sc. in Management Science, has over 30 years oil and gas industry and mining sector experience. From the Zambian Copperbelt to a 20-year career with BP he has held executive roles in companies managing oil and gas exploration, development and production; gas processing, sales and transport; LNG manufacture, marketing and contracting in Europe, Russia, America, Africa and Australasia. On leaving BP, having helped create TNK-BP, he took up the role of CEO at Hardman Resources where he oversaw growth of the AIM and ASX listed Company into an oil producer and considerable exploration success ahead of executing a corporate sale to Tullow Oil. After running his own consultancy he joined Arrow Energy International as CEO and following the sale of Arrow Energy to Shell and PetroChina launched their international assets onto the ASX as the separately listed Dart Energy. He was appointed Chief Executive Officer on 17 October 2011.
Edward Shallcross, Non-Executive Director
Eddie Shallcross is a Fellow of the Chartered Institute of Bankers and has had over 40 years of experience in the financial sector predominantly at Barclays PLC where he retired in 1998 as Isle of Man Director and also a Senior Executive Director of the bank. Since then he has held non-executive directorships in a number of major international companies.
Ross McDonald Ross McDonald, Non-Executive Director
Ross McDonald served 35 years with Royal Bank of Canada ('RBC') and was most recently Senior Vice President & Head of Caribbean Banking for RBC. Until his recent retirement, and since 2003, Ross led RBC's commercial and retail banking operations throughout the Caribbean and was instrumental in the acquisition of Royal Bank of Trinidad and Tobago (RBTT), which expanded RBC's operations to 19 countries and territories across the region and established it as the second largest commercial bank in the Caribbean. Ross is currently a director of RBC Financial (Caribbean) Limited, RBC's group holding Company in the Caribbean, RBC Royal Bank (Bahamas) Limited, RBC's commercial bank in The Bahamas, RBC FINCO, which is a public Company, and RBC's mortgage banking Company in The Bahamas and RBC Royal Bank (Cayman) Limited, RBC's commercial bank in the Cayman Islands. He also serves as a director of Royal Fidelity Merchant Bank & Trust which provides investment and corporate advisory services in The Bahamas and Barbados.
Steven Weyel, Non-Executive Director
Steven Weyel is currently CEO and founder of Equigen LLC focused on equity investments in global energy. Previously, he was founder, President and COO of Energy XXI (Bermuda) Limited (Nasdaq: EXXI) ('Energy XXI'), an independent oil and natural gas exploration and production Company with operations focused in the U.S. Gulf Coast and the Gulf of Mexico, from its inception in July 2005 until July 2011. Energy XXI was initially floated on London's AIM (Alternative Investment Market) in October of 2005. Mr Weyel served on the boards of directors of Energy XXI from July 2005 until July 2011 and Particle Drilling Technologies, Inc. from May 2005 until August 2007. He received a Masters in Business Administration degree from the University of Texas at Austin in 1989 and a Bachelor of Science degree in Engineering from Texas A&M University in 1976. Mr Weyel has operating experience in every major oil producing basin in the world and his thirty-plus years of global experience as entrepreneur, executive officer and director of public and private companies will enable him to assist in the effective management and oversight of the Company.

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