Directors & Management

 

Board Of Directors

 

Scott H. Stevens, Chairman

Mr. Stevens has worked on unconventional coalbed methane and shale gas/oil projects since beginning his career as a geologist with Getty and Texaco in 1983. Starting in 1995 Mr. Stevens was the first to rigorously characterize and quantify Indonesia’s 453 Tcf of prospective coalbed methane resources, working on behalf of PT Caltex Pacific International (Chevron Asia), the Asian Development Bank, and Indonesia's Department of Energy and Mineral Resources (MIGAS). He was instrumental in assisting the Government of Indonesia in developing the country's coalbed methane contract laws which saw the award of Indonesia's first CBM production sharing contract ("PSC") in 2008, the Sekayu PSC in the South Sumatra Basin. Internationally, Mr. Stevens has worked with global companies such as Chevron, ConocoPhillips, and BHP Billiton to design and manage coalbed methane exploration and production programs in North America, China, Poland, and Australia, including the successful identification of prospects, geologic and reservoir evaluation of acquisition targets, and completion of high production wells. In 2004 the Society of Petroleum Engineers published his industry-acclaimed study entitled "Indonesia: Coalbed Methane Indicators and Basin Evaluation" which helped to kick off Indonesia’s current CBM exploration boom by ranking onshore CBM basins in terms of geology, inferred reservoir quality, and proximity to gas markets. Mr. Stevens also serves as Senior Vice President and Director of the unconventional oil & gas consultancy Advanced Resources International, Inc. (ARI).

Alan T. Charuk, President & Chief Executive Officer, Director

Mr Charuk has over 30 years experience in the resource industry during which time he has developed extensive knowledge and expertise in the financing and development of exploration and production stage companies operating in Canada and internationally. Mr. Charuk served as Executive Vice President of Norwood Resources, and has led several junior resource companies to international discoveries. Under Mr. Charuk's direction, these companies were involved in a number of acquisitions, lease development and joint venture agreements and benefited from his expertise in securing financing.

Charles W. Bloomquist, Vice President Operations, Director

Mr. Bloomquist, a Registered Professional Engineer, has more than 30 years of experience in the oil and gas industry. After graduating from the Colorado School of Mines, he began his career with Tenneco Oil Company as a petroleum reservoir engineer working on projects in the Williston and Powder River Basins. Thereafter, he worked as a consultant for Energy Consulting Associates, then moving to Indonesia as Project Manager for Basic Earth Science Systems Indonesia, where he managed a team contracted to the national oil company of Indonesia. He subsequently joined Intercomp in Denver Colorado, responsible for building and managing a reserves and property evaluation business and Intercomp's Rocky Mountain CO2 project. In 1984 Mr. Bloomquist started Resource Consulting International Inc. (RCI).

James Charuk, P. Geo., Vice President Exploration, Director

A graduate of Mount Allison University, Mr. Charuk holds a science degree in Geology and has more than 25 years experience in oil and gas exploration and production. As Manager of Geoscience Services with Western Atlas International, Mr, Charuk managed multi-disciplinary teams of geoscientists responsible for reservoir identification, evaluation and exploitation on behalf of Western's customers worldwide. These included all major multinationals, national, and large through small independent oil companies. Prior to Western, Mr. Charuk had a key technical management position at Chevron USA where he was responsible for the implementation of their worldwide drilling technology center's monitoring and control systems. Jim served for three years as the Executive Vice President of Exploration with Norwood Resources an exploration company with properties in Nicaragua before joining CBM Asia Development.

Dr. James Friberg, Director (Independent)

Dr. Friberg was the former president of Black Gold Energy, an oil & gas exploration company focused on deepwater frontier Indonesia. The company was acquired by Niko Resource Ltd in 2009 for CAD300 million. Previous to his role at Black Gold Energy, Dr. Friberg held multiple position at Unocal including Chief Geologist Worldwide, Chief Exploration Advisor (Indonesia), General Manager (Far East Exploration) and Exploration Manager (Louisiana-Texas & UK).

Adam Clarke, VP Corporate Development, Director

Mr. Clarke has over 20 years of oil and gas investment and macro energy related experience in the Asia-Pacific region. Mr. Clarke’s oil and gas experience spans fund management, debt and equity research and consultancy with firms Bear Stearns (Senior Managing Director), Harbert Management Corp (Strategist – commodity fund), and Expedition Capital Ltd (Managing Partner).

Clint Sharples, Director (Independent)

Clint Sharples is a partner in First Growth Management Inc., a small private equity company with share holdings in many different companies. In addition to First Growth, Clint is the CEO of both Modu-Loc Fence Rentals LP, and Paramount Pallet LP – A Brambles Company. Clint has been a board member of several public and private companies and contributes to the boards of some not-for-profit entities, including the Canadian Pallet Council and the Kelowna Food Bank. Clint’s education background is in Business Administration, Accounting and Transportation | Logistics. Clint serves as the Chair of the Audit and Governance Committee for CBM Asia.

 

Management Team

Keith Potter, General Manager Indonesia

Former President Director of PT Seamgas Indonesia (Westside Corporation/Bumi Resources JV company) - identified 3 Tcf of CBM resources. Has held senior project and corporate positions with oil and gas operating companies and EPC contractors in Indonesia, Australia, and UK. 29 years experience, 12 years in CBM and 10 years in Indonesia.

James Hurren, CFO

Mr. Hurren has over 10 years of business experience supporting oil and gas and mining companies. He has established a strong accounting, financial management and business skill set to serve in leadership roles for public companies in extractive industries. During this same period, James has served as CFO and Controller for other junior publicly traded companies in the natural resource sector. Mr. Hurren graduated from the Manchester Business School MBA program with merit, having previously earned an undergraduate degree in accounting from the University of Lethbridge.