Directors

 

Hugh Mackay, CEO

Hugh, a geologist who joined Europa in 2011, has a wealth of experience in the oil and gas sector, including eight years at BP in a variety of roles in the UK, Oman and Egypt, then at Enterprise Oil in leadership roles, culminating as head of the SE Asia division. Hugh sold the Peak Group to AGR ASA for $50 million and founded Avannaa Resources, a leading mineral exploration company in Greenland. Hugh has a BSc in Geology from the University of Edinburgh and a Sloan MSc in Management from London Business School.

Technical skills are maintained through membership of Geological Society, Petroleum Exploration Society of Great Britain and American Association of Petroleum Geologists, Petroleum Infrastructure Project and Irish Centre for Applied Geosciences. Active participant in technical conferences such as Atlantic Ireland, PROSPEX, APPEX and NAPE. Management development is maintained through participation as an alumnus of London Business School.

 

Phil Greenhalgh, Finance Director

Phil graduated from Imperial College with a BEng in chemical engineering and subsequently became a member of the Chartered Institute of Management Accountants. He began his financial career as Financial Controller with Kelco International, a subsidiary of Merck & Co. He moved to Monsanto plc before becoming Finance Director of Pharmacia Ltd through the acquisition by Pfizer. He moved to Whatman plc, a FTSE 250 company, where he led the financing of a €50m company acquisition, oversaw a substantial share price recovery and was a key player in the Whatman turnaround.

Phil joined Europa in 2008 and has used his engineering background in his role as adviser to the board on HSE matters. He has been extensively involved in farm-in / farm-out negotiations, asset disposals and improving the group’s financial reporting and forecasting and regularly attends meetings of the UK Onshore Operating Group (UKOOG).

 

William Ahlefeldt, Non-executive Director

William helped take Europa onto AIM and remains its largest shareholder. He started his career at Maersk as a petroleum engineer in 1982, followed, in 1987, by IPEC, a London based consultancy, where he was responsible for field reserves estimations. In 1990, he became an independent consultant, undertaking field and portfolio evaluations for acquisitions and field development work on a range of projects in the North Sea, former Soviet Union and Middle East. He was also, in 1991, a founder and non-exec director of IFX Infoforex Ltd which was successfully sold in 2000. William has continued to work as an independent consultant petroleum engineer, latest in 2013 – 2016 for a client in Norway. Outside of his oil and gas interests, William is currently involved in a new IT start-up which will launch early 2019.

 

Roderick Corrie, Non-executive Director

Roderick is a graduate of Cambridge University, an Associate of the Chartered Institute of Banking and a past member of the Securities Institute.  He has been strategic adviser and financier with a variety of companies and holds or has held executive or non-executive roles in corporate finance, strategic advice, TV advertising, financial services, health, property, internet services, mineral exploration & development, investment and manufacturing companies.  He has been or is a director of three listed companies, the other two as CFO as well.  In one of these other companies the two largest shareholders were the European Bank of Reconstruction and Development and the International Finance Corporation, the equity investment arm of the World Bank.  As CFO Roderick was extensively vetted by both these organisation – for probity and competence - both before they originally invested and as part of any further investment processes.  As the current CFO and director of another listed company, Roderick is required to keep his skills up to date.

 

Simon Oddie, Non-executive Chairman

Simon has over 40 years of relevant experience as a petroleum engineer, technical consultant, manager and investment adviser in upstream oil and gas. He has worked with Schlumberger, ERC Energy Resource Consultants, Enterprise Oil and Gemini Oil and Gas Advisors LLP and gained extensive experience in technical, senior management and finance functions. He was CEO of Enterprise Italy during its first operated exploration drilling both on and offshore and was responsible for significant growth in the business.  Simon recently was the architect of the Gemini Oil and Gas royalty funds where he established a solid track record in fundraising, investor relations, and execution of oil and gas deals. He has completed the Advanced Management Program at Harvard Business School, holds an MSc. in Petroleum Engineering from Imperial College and a BSc (First Class) in Electronics from Manchester University. Simon keeps his skills up-to-date through consultancy and participation in key professional societies and industry groups.

 

Brian O'Cathain

Brian O’Cathain has worked as a Geologist and Petroleum Engineer in the Oil and Gas sector since 1984. He served as CEO of Afren plc from 2005 to 2007, and as CEO of Petroceltic International plc, an AiM listed E&P company from 2007 until 2016. He is currently also a non-executive director of Eland Oil and Gas, an AiM listed E&P company producing over 20,000 barrels of oil per day in Nigeria.

His relevant skills include market understanding, familiarity with fund-raising, and with the technical, legal and financial aspects of running a publicly listed Oil and Gas company over a long period. While at Afren and Petroceltic he raised in excess of $300 million in new equity, primarily from the London Stock Exchange. He led and negotiated the agreed nil-premium merger of Petroceltic and Melrose Resources in 2012. He is experienced in conducting Business Development and Corporate Acquisitions and mergers in Oil and Gas, from the level of farm-in / farm-out to corporate mergers and disposals. He has worked on exploration and production assets in all environments from onshore to ultra-deep water offshore.

He keeps his knowledge and awareness current by participation in Industry conferences, IOD workshops, and by networking with other Executive and Non-executive Directors in the Oil and Gas industry. In addition to the two public boards on which he serves, he is an advisor to the board of Nephin Energy, a private Irish Energy company which is in the process of acquiring Shell’s stake in the Corrib Gas Field in Ireland.