Directors & Committees
Dr Colin Barry Phipps
Chairman
Aged 72, he is a petroleum geologist with over 40 years experience in oil exploration and production. From 1974-79 he was a Labour MP for Dudley West. He has wide industrial experience within the international natural-resources sector. He was, for ten years, Chairman of Clyde Petroleum plc.
●Responsible for shareholder liaison, press and governance
Dr Ian Gordon Duncan
Chief Executive
Aged 57, he is a petroleum geologist with over 30 years experience in the oil-exploration industry. He began his career with Esso before joining Clyde Petroleum plc where he was appointed a director in 1991; from 1990 to 1997 he was the Managing Director of Clyde’s subsidiary in the Netherlands. He was appointed as an executive director of the Company on 14 March 2005.
●Responsible for all technical matters.
Stephen Lawrey Phipps
Non-Executive Director
Aged 49, he is a non-executive director of Scarborough Minerals plc and is also a director of Phipps & Company Limited. He worked for over 20 years as a stockbroker in London and New York.
●Fundraising Director responsible for fundraising and shareholders.
Darwin Lewis Clifton OBE
Non-Executive Director
Aged 51, he is a Falkland Islander, and a former founding director of Desire Petroleum. From 1987-90 he was the Falkland Islands Government London Representative and he was twice elected to the Legislative and Executive Councils (1985-87 and 1997-2001). Currently managing director of Byron Marine Limited, a Falkland Islands incorporated, ship-owning and ship-managing company. In 2006 he was elected Speaker of the Falkland Islands Legislative Council.
●Falklands Director responsible for Falkland Islands liaison and activities.
Andrew Guy Windham
Non-Executive Director
Aged 57, he is a solicitor with over 20 years experience in the oil exploration industry. He began his career in the City before moving to Westland and then to Clyde Petroleum plc in 1983 where he was appointed a director in 1996. He joined Energy Africa Limited in 1998 and was appointed to its Board in 2001 as Commercial Director. He was also a non-executive director of Aminex plc, from which he resigned in March 2007 on being appointed as Managing Director - Africa Region of Tullow Oil plc.
●Legal Director responsible for legal contracts, appointments and remuneration.
Edward Wisniewski
Non-Executive Director
Aged 46, he is a Chartered Accountant with 12 years experience in the oil exploration and production industry. After training with Touche Ross & Co he joined Clyde Petroleum plc in 1988; from 1995 to 2000 he was the Finance Manager of Clyde Petroleum's subsidiary in the Netherlands. He joined Alstec Ltd in 2000, and was appointed Finance Director in 2006.
●Finance Director responsible for finance, audit and internal controls.
COMMITTEES:
AUDIT:
Eddie Wisniewski - Chairman
Andrew Windham
Lewis Clifton
Responsibilities:
The Committee convenes twice a year and its terms of reference include the review of the Annual and Interim Accounts, accounting policies of the Company and its subsidiaries, internal management and financial controls, and the planning, scope and results of the Auditors' programme. UHY Hacker Young attend the meetings at the request of the Committee.
REMUNERATION AND NOMINATION:
Andrew Windham - Chairman (Remuneration)
Lewis Clifton - Chairman (Nomination)
Eddie Wisniewski
Responsibilities:
The Committees’ responsibilities include the consideration and approval of the terms of service, nomination, remuneration and benefits of the Company's Directors.
The Board, as a whole, determines the remuneration of the Non-Executive Directors (with Directors absenting themselves from discussions regarding their own remuneration as appropriate).
