Mr. Leo Koot

Executive Chairman

Mr Koot is a Dutch national, currently residing in the UK, with over 28 years of industry experience. During his extensive career, he has run oil and energy businesses and has been an active board member, most recently with AIM listed Sterling Energy PLC as Senior Independent Non-Executive Director.

Mr Koot's global energy experience includes his role as Managing Partner of MENA Gulf Investment Partners (Abu Dhabi), President of Abu Dhabi National Energy Company's TAQA Iraq and Managing Director of TAQA UK where he built the organization from a few people to an organization of over 2,000 staff and contractors and delivered a mature E&P operating company that managed 60,000 bopd production with US$1.7 billion in annual revenues.

Prior to TAQA, Mr Koot was CEO of Energy Development Partners an oil and gas business creating ways to match capital and resources with developing production, for which he helped raise a US$350 million private equity fund. Mr Koot has a Master in Petroleum Engineering and a business degree from Harvard Business School.

Mr. Gordon Stein

Chief Financial Officer

Gordon Stein is a member of the Chartered Institute of Public Finance & Accountancy and was the CFO of AIM-traded Madagascar Oil Limited from June 2013 to October 2016.

Mr Stein was previously CFO at Cadogan Petroleum plc which is an independent oil and gas exploration, development and production company with onshore gas and condensate assets in Ukraine. Preceding this, was CFO at Vanguard Energy Limited and Regal Petroleum plc. He has also held senior financial and operational management positions in Fairfield Energy Limited, Acorn Oil and Gas Limited, LASMO PLC, Monument Oil & Gas plc, Centrica plc and BG pc. Mr Stein has over 23 years’ experience in the upstream oil and gas sector in the UK and internationally, including Ukraine, Tunisia, Venezuela, Algeria and Turkmenistan.

Mr. Stewart Ahmed

Managing Director - Trinidad

Mr Stewart Ahmed has 32 years oil industry technical, commercial and management experience, most recently as Chief Operating Officer and General Manager of AIM Listed Madagascar Oil in Antananarivo from 2013-2016. Operating the Tsimiroro Field steam flood pilot, he gained the first Field Development License in Madagascar’s history.

As General Manager of Dove Energy in Sana’a, Yemen, Mr Ahmed discovered, developed and operated a number of onshore oil-fields peaking at 25,000 BOPD. Subsequently he managed the exploration license seismic and drilling work programmes as General Manager of Dove Energy in Damascus, Syria and Midas Oil and Gas in Yemen.

He performed the position of Petroleum Engineering Manager for RDS Resource, a leading Aberdeen based Subsurface Consultancy from 1997-2000. Prior to that Mr Ahmed worked for 12 years for Chevron in the UK North Sea and Gulf of Mexico as a Petroleum Engineer and Commercial Analyst.
Mr Ahmed has a BSc in Mining and Petroleum Engineering and is a Member of the Society of Petroleum Engineers.

Mr. Michael Douglas

Non-Executive Director

Mr Douglas has worked in the business consultancy sector for 40 years. He was Managing Partner for PA Consulting Group’s International People Practice where his responsibilities covered the Group’s Organisational Development, Pay & Rewards, Search & Selection, Advertising & Development and Process Enhancement activities.

Subsequently in 1993 Mr Douglas founded the Quo Group, a consultancy specialising in behavioural change, performance and talent management, leadership development and executive coaching. Over two decades, Michael has positioned Quo as one of the world’s leading change specialists.

Michael himself works extensively with leadership teams where he fulfils the role as coach for senior executives across an international portfolio in many sectors.
Mr Douglas chairs the Remuneration Committee and sits on the Audit Committee.