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Director, President & CEO Mr. Hemmerich's involvement in the resource industry dates back to 1970. He has significant international experience leading production and exploration programs in diverse regions of the world, including Africa, South America, North America, the Middle East and Southeast Asia. His responsibilities have included the supervision of operations, sales, marketing, financings, and partnerships. Mr. Hemmerich has led numerous financings and has strong ties to the capital markets.)
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Chief Operating Officer Mr. Worrall has over 15 years of Petroleum Engineering experience. After graduating from Nottingham University, England, with a first class Masters in Chemical Engineering, he joined Mobil UK as a Petroleum Engineer in 1991 and in 1996 moved to the Middle East with Bunduq Oil Company in Abu Dhabi. In 1998 he became a consultant for various operators across the Middle East and the Former Soviet Union (FSU) region, and joined Margham Dubai Establishment in Dubai in 2002 as the senior staff reservoir engineer. In 2005 he became the Director of Integrated Project Management for High Arctic Energy Services LLC in Dubai, and assumed the position of Transeuro's Chief Operating Officer in August 2006. His broad experience includes reservoir management and simulation, production optimization and artificial lift, completions and well intervention, economic analysis and contracts management.
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Director, Vice President Business Development Mr. Parry was instrumental in the initial asset acquisition and financing of the Company's projects in the Ukraine, Papua New Guinea and Armenia. Over the past 15 years Mr. Parry has worked with public and private companies primarily in the natural resource sector, gaining significant experience in mergers and acquisitions. He has an extensive network of contacts and relationships throughout Europe, the Former Soviet Union (FSU), Asia and Africa and has independently raised over $100MM institutionally. Mr. Parry has served on the Board of Directors since 2004.
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Executive Vice President, Chief Financial Officer Mr. Farrauto, Executive Vice President, Chief Financial Officer of Transeuro Energy Corp, has 17 years of experience as a senior financial officer with both private and public companies. His experience encompasses financial and regulatory compliance and public company management. Mr. Farrauto has been directly responsible for overseeing private placement financings, prospectus filings, reverse takeovers and merger and acquisition transactions. He also has extensive experience with U.S. filings including SEC clearance and reporting issues.
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Director Mr. Sarssam has 16 years of international experience in the development of oil and gas fields, with an extensive background in reservoir engineering and field management in addition to drilling, production and workover operations. He has worked with major operators in the Middle East, Far East and North Sea and is currently Head of Reservoir Development for an independent operator in the Middle East.
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Director Mr. Thoen has held Board positions in a number of private and public shipping and offshore companies, as well as international financial institutions. He has gained years of experience in international finance and shipping industries, and is currently Chairman and owner of Aage Thoen Ltd AS, a Norwegian-based holding company that provides shipping, investment and marine services. Mr. Thoen is a Norwegian citizen, and holds a Master's degree in Business Administration.
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Asset Manager - Ukraine Mr. Stewart has over 30 years of diverse international exploration and production experience, having worked in the USA, Central America, South America, the UK, Continental Europe, the CIS, Africa, the Middle East and the Far East. He has held the position of Principal Seismic Sequence Stratigrapher for Robertson, and Principal Geologist and Manager for PGS Reservoir in India, where he was responsible for the day-to-day management of the interpretation team and for providing technical support with 3D seismic interpretation. In 1999 he assumed the position of Consulting Manager for the Middle East, responsible for business development and technical support.
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Deputy General Manager - Ukraine Mr. Papero has 25 years of industry experience in Canada and abroad as a Petroleum Land Manager, Surface Supervisor and Lead Negotiator in Aboriginal Affairs. His international work on projects in Cuba, Qatar, and Argentina has involved logistics management, linear expansion co-ordination, and extensive governmental liaisons in acquiring wellsite locations. In Canada he has acted as Industry Liason with Native Bands and Government to resolve traditional hunting and trapping rights in Northern Communities, has successfully re-established dialogue with several Northern Community Bands, and has served as Ethics Committee Chairman for the Canadian Association of Petroleum Landmen.
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Asset Manager - Armenia Mr. Smith has worked as an operations and production geologist for Dragon Oil in Dubai where he was directly responsible for doubling their production to 20,000 barrels of oil per day. Michael has also held operations and productions positions with Shell Oil in Bangkok and Oman, as well as with Santos in Australia. In Oman, most of the wells Michael proposed paid back in 6-8 months, with one producing 2.3 million bbls in 2.5 years, thanks largely to Mike's initiative.
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