Board & Management

Charles Matthews, OBE

Chairman

Mr Matthews has over 10 years’ experience in chairman and director positions, having been on the board of a number of listed manufacturing and technology companies, including FTSE 250 LSE listed company FKI Plc. He has previously held senior management positions at Cosworth Group, Rolls Royce and Bentley Motor Cars, and has served as a Member of the Vickers Group Executive Board.

He is currently Chairman of LSE listed Porvair Plc, a specialist filtration technologies business in the aerospace and general engineering sectors. Mr Matthews holds a BSc in Geography and Oceanography from the University of Wales, as well as an MBA from Cranfield Business School and a Strategic Marketing qualification from Harvard Business School.

Dr Stuart Lake

CEO and Executive Director

Dr Lake has over 27 years of experience in a wide variety of roles including the Hess Corporation, four years at the Apache Corporation and over 19 years in Shell. In Hess as Vice President of Exploration he oversaw all the new ventures work re-establishing a proactive basin master approach which led to significant strategic partnerships, that secured Hess a competitive position enabling Hess’s entry into Kurdistan and other positions in West Africa and the Gulf of Mexico. He also oversaw the highly successful exploration campaign in Ghana that resulted in seven consecutive hydrocarbon discoveries and the subsequent submission of the appraisal plans for those discoveries and likewise directed more than 30 discoveries in Russia. Dr Lake has demonstrated himself to be a proven oil finder, maintaining a high 85% geological success rate in all three companies, based on drilling over 300 wells in 11 countries over his 27 year career. He has a BSc Hons in Geology from the University of Wales and a PhD in Geology from the University of Durham, England. Dr Lake also remains on the Advisory Board of the Energy and Geoscience Institute (E.G.I.) at the University of Utah.

Mark Ashurst

Non-Executive Director

Qualifications - BA (Hons) Law; Barrister; Fellow of the Institute of Chartered Accountants in England and Wales.

Mr Ashurst graduated from Sheffield University with a degree in law and is a qualified Barrister and Chartered Accountant. Mr Ashurst has been employed as a senior investment banker with a broad range of corporate finance and broking skills gained from over 20 years in the City of London. Institutions Mr Ashurst has worked for include BZW, Hoare Govett and, more recently, Canaccord Adams. He has advised both UK and overseas listed companies and has significant expertise in IPO's, fund raising and mergers and acquisitions.

Mr Ashurst is a Non-Executive Director of NSX listed International Petroleum Ltd.

Image credit: ©Bronac McNeil

Gibril Bangura

Non-Executive Director

Qualifications - Arts and Business Management, Junior College Atlanta.

Mr Bangura is an Executive Director of London listed African Minerals Limited and the General Manager of all of African Mineral Limited's Sierra Leone subsidiaries. Mr Bangura is the former Financial Controller of Regent Star International, and Deputy General Manager and Director of Bond Tak Mining Company.

Jeffrey Couch

Non-Executive Director

Qualifications - Bachelor of Law.

Mr Jeffrey Couch is Managing Director and Head of Investment and Corporate Banking Europe for BMO Capital Markets, a leading North American financial services provider. Previously, Mr Couch was Head of Business Development and M&A at Eurasian Natural Resources Corporation PLC. Mr Couch is a qualified Canadian lawyer, and attended the University of Western Ontario Business School and Osgoode Hall Law School in Canada. Mr Couch has 15 years of investment banking and capital markets experience having worked for Kleinwort Benson, Citigroup (Salomon Brothers) and Credit Suisse. He has extensive experience in the natural resources sector having advised and raised capital for clients globally, with a particular focus in emerging markets and Africa.

David King

Non-Executive Director

Dr King is a professional geoscientist and has over 30 years experience in oil and gas and other natural resources industries. He has co-founded, as well as held executive and non-executive board positions with, a number of successful ASX listed oil and gas exploration companies, including Eastern Star Gas Limited, Gas2Grid Limited and Sapex Limited. He is a Fellow at the Australian Institute of Company Directors, the Australian Institute of Geoscientists, and Australian Institute of Mining & Metallurgy and a Chartered Professional (Management). Dr King has an MSc in Geophysics from Imperial College, London, and a PhD in Seismology from the Australian National University, Canberra.

Dr King is currently non-executive Chairman of two ASX listed companies; gold exploration company Robust Resources Limited, and biotechnology research and development company, Cellmid Limited. He is also a non-executive  director of ASX listed Republic Gold Limited, a  gold exploration and development company with assets in Mozambique, and a Director of unlisted Shale Oil/Gas explorer Tamboran Resources. In a long corporate career, he has also served as Managing Director of ASX listed gold producer North Flinders Mines, and CEO of Oil/Gas producers Beach Petroleum and Claremont Petroleum.

Bjarne Moe

Non-Executive Director

Mr Bjarne Moe has over 35 years’ experience in the oil and gas industry including being the former Director General of the Oil and Gas Department of the Ministry of Petroleum, Norway.  Since 2011, Mr Moe has been an advisor to the oil and gas industry and has had several large, international companies as clients.

Timothy Turner

Non-Executive Director

Qualifications  B.Bus, FCPA, FTIA, Registered Company Auditor, Fellow of CPA Australia and a Fellow of the Taxation Institute of Australia.

Mr Turner is a senior partner with Australian accounting firm, Hewitt Turner & Gelevitis. Mr Turner specialises in domestic business structuring, corporate and trust tax planning and the issuing of audit opinions. Mr Turner has in excess of 21 years’ experience in new ventures, capital raisings and general business consultancy. Mr Turner is also a Non-Executive Director of ASX listed entities Cape Lambert Resources Limited and Legacy Iron Limited and a Non-Executive Director of NSX listed International Petroleum Limited.

Anthony Wilson

Non-Executive Director

Qualifications - Fellow of the Institute of Chartered Accountants in England and Wales, and Fellow of the Chartered Institute for Securities and Investment.

Mr Wilson has had a long career in a number of senior financial positions. Having qualified as a Chartered Accountant, he initially became a partner in general practice before moving into the investment banking sector initially with Wedd Durlacher Mordaunt & Co, the stockjobber, and latterly with BZW, the investment banking division of Barclays. Mr Wilson was Finance Director for BZW Securities and BZW Asset Management over a period of 10 years. Following BZW, Mr Wilson held various senior management roles as a director for DAKS Simpson Group Plc and Panceltica Holdings Plc.

Image credit: ©Bronac McNeil

Angeline Hicks

Company Secretary

Angeline Hicks is a Chartered Accountant with global corporate and financial experience. After gaining her qualifications at Deloitte, Ms Hicks furthered her career in the banking industry in London for eight years, working for investment banks such as Barclays Capital, Credit Suisse and JP Morgan, focusing on managing compliance and corporate and financial reporting. Ms Hicks was previously Chief Financial Officer and Company Secretary of UK (AIM) listed Hot Tuna and is currently Company Secretary for ASX listed Minera Gold Limited.

Dr Stuart Lake

CEO and Executive Director

Dr Lake has over 27 years of experience in a wide variety of roles including the Hess Corporation, four years at the Apache Corporation and over 19 years in Shell. In Hess as Vice President of Exploration he oversaw all the new ventures work re-establishing a proactive basin master approach which led to significant strategic partnerships, that secured Hess a competitive position enabling Hess’s entry into Kurdistan and other positions in West Africa and the Gulf of Mexico. He also oversaw the highly successful exploration campaign in Ghana that resulted in seven consecutive hydrocarbon discoveries and the subsequent submission of the appraisal plans for those discoveries and likewise directed more than 30 discoveries in Russia. Dr Lake has demonstrated himself to be a proven oil finder, maintaining a high 85% geological success rate in all three companies, based on drilling over 300 wells in 11 countries over his 27 year career. He has a BSc Hons in Geology from the University of Wales and a PhD in Geology from the University of Durham, England. Dr Lake also remains on the Advisory Board of the Energy and Geoscience Institute (E.G.I.) at the University of Utah.

Jens Pace

Chief Operating Officer

Mr Pace is a highly regarded geoscientist, who has had a successful career at BP Exploration Operating Company Limited (“BP”), and its heritage company Amoco (UK) Exploration Company, spanning over 30 years.  Mr Pace has held senior positions at BP for over 10 years, gaining substantial exploration and production experience in Africa, namely: Algeria, Angola, Congo, Gabon and Libya, having also extended experience in Europe, Russia and Trinidad.  He has contributed to a number of BP’s exploration discoveries over his career. Most recently, Mr Pace managed a very large and active exploration portfolio for BP in North Africa.  Additionally, Mr Pace has gained highly sought after experience in the areas of field development and as a commercial manager, dealing with national oil companies and African governments.  Mr Pace holds a BSc in Geology and Oceanography from the University of Wales and an MSc in Geophysics from Imperial College, London.

Stephen West

Finance Director

Mr West is a qualified Chartered Accountant who holds a Bachelor of Commerce (Accounting and Business Law) from Curtin University of Technology in Australia.  He has over 20 years of financial and corporate experience gained in public practice, oil and gas, mining and investment banking spanning Australia, United Kingdom, Europe, CIS and Africa. Mr West is currently a non-executive director of ASX listed Apollo Consolidated Limited (mining exploration company with permits in Côte d’Ivoire), Zeta Petroleum plc (oil & gas exploration and production company with permits in Romania) and unlisted Norsve Resources plc (mining exploration company with permits in Sweden).

Michael Barrett

Exploration Director

Mr Barrett has over 20 years global exploration experience from his career at Chevron, and more recently at Addax/Sinopec International. Michael has a BSc in Geology & Geophysics from Durham University and a MSc in Petroleum Geology & Geophysics from Imperial College, Royal School of Mines. Michael has held a variety of technical roles covering exploration and new ventures, and was part of Chevron’s global Exploration Review Team, specialising in Play and Prospect risk assessment, volumetric analysis, commercial evaluation and portfolio management. Michael also brings added strength to the team with his background in quantitative geophysics, stratigraphic interpretation workflows and 3D visualisation.

Chris Butler

Group Financial Controller

Mr Butler graduated from Warwick University with a BSc degree in Physics and is a qualified Chartered Accountant. In the past eight years, Chris completed his ACA training with the London practice Bright Grahame Murray and continued with the firm as an Audit Manager where he coordinated the annual audit of various AIM listed clients, ensuring compliance with statutory and legal requirements.

Since joining African Petroleum in 2010, Chris has been responsible for all financial reporting obligations under the National Stock Exchange listing and petroleum cost reporting for the exploration licences held by the group. This work includes the repeated evaluation of internal controls and implementing changes as required for the rapidly expanding company.

Didier Goudant

Legal Consultant

A member of the Paris Bar and a graduate of the Universities of Paris (France) and Pennsylvania (U-Penn), Mr Goudant has over 20 years’ experience in the oil and gas and energy sectors with both E&P and service companies. He spent four years with Elf (Total) in Paris, specialising in the Middle East and West Africa, with specific responsibilities for Egypt, Qatar, Congo and Angola. Didier has worked in Paris for a number of companies including, Technip-Coflexip and Gas de France before joining PanOcean Energy, a company focused on Gabon and listed on the TSX. Following the acquisition of PanOcean Energy by Addax Petroleum, in September 2006, Didier has worked as a consultant to various independent oil and gas companies such as Addax Petroleum, Orca Exploration, Panoro Energy and on various projects in West Africa.

Pierre Raillard

Director West Africa

Mr Raillard has over 20 years of operational and project management experience with over 10 years in Subsaharan Africa. Mr Raillard was instrumental in the success of the Songo Songo gas development and power generation project in Tanzania and has managed successfully the development of the natural gas business in East Africa through his recent roles as General Manager, Vice President Operations and subsequently Vice President Infrastructure for Orca Exploration Group Inc. In previous employment, Mr Raillard has covered several management and operational roles with Single Buoy Mooring in Monaco and Italy, Perenco in USA, Turkey and France and TOTAL in Argentina. Pierre holds a Master of Science in Chemical Engineering from the Toulouse and an MSc of Management from the Aix – en – Provence Business School (Institut d’Aministration des Enterprises).