Alastair Ferguson
Tom Reynolds
Doug Rycroft
Don Nicolson
Muir Miller
Non-Executive Chairman
Mr. Ferguson has more than 40 years of commercial and business experience in the oil and gas industry. He has developed international gas projects throughout EMEARC and has specific expertise in M&A, turnarounds and developing new business. He has proven leadership skills and an ability to operate in challenging business and political environments.
Alistair has spent the last 8 years in various Non-Executive Director and Chairman positions with JKX Oil and Gas, KazMunaiGas Exploration and Production and Zoltav Resources. He has 33 years of experience in E&P with BP. Between 2003 and 2011 he was Executive VP for Gas and Power at TNK BP in Moscow, where he developed the company’s gas and power business in Russia and Ukraine.
He is a Chartered Engineer and holds a BSc (Hons) in Mining Engineering from Strathclyde University and an MBA from Warwick University. He became non-executive Chairman in August 2018 and took on the role of Executive Chairman in February 2019.
Chief Executive Officer
Mr. Reynolds is a Chartered Engineer with more than 30 years of experience in the energy sector, specialising in strategic planning, investment management and cross-border M&A transaction execution in oil, gas, energy and infrastructure.
He has held a range of technical and commercial roles with BP, Total and British Nuclear Fuels, as well as management positions at private equity investment and advisory firms, including 3i.
Most recently, Tom was CEO of Iona Energy, having previously been CEO of Bridge Energy, which he grew through a series of acquisitions before listing the group in both Oslo and London, prior to its c.US$150m sale to HitecVision-backed Spike Exploration Holding in 2013.
Chief Operating Officer
Mr. Rycroft is an expert in commercial negotiations and operations having held asset management and commercial roles in private and public companies in the upstream oil and gas sector across Africa, North America and South-East Asia.
Doug most recently led the post-completion commercial integration of Salamander Energy into Ophir Energy, managed Ophir’s Myanmar, Malaysia and Thailand exploration portfolio, running the South-East Asian New Ventures team and focussing on expanding Ophir’s footprint in the region. Doug previously managed Ophir’s flagship asset in Tanzania, during which time the company increased the resource base to support the development of onshore LNG. This culminated in the partial divestment in the project for USD1.3bn to Pavilion Energy.
Doug holds a Masters in Terrorism and International Relations from Aberystwyth University and an MA (Hons) in History and Politics from the University of Edinburgh.
Independent Non-Executive Director
Mr Nicolson is a senior business leader with over 35 years’ experience in the oil, gas, mining and natural stone sectors. He has held multiple Board and senior executive roles both in the UK and internationally.
This included 26 years with BP where he ran oil and gas businesses in the UK, United States and Canada. Key roles included Director North Sea where he was accountable for a multi-billion-US dollar turnover and a workforce of c.2000; Chief of Staff to BP’s CEO (E&P); Vice President BP Alaska and Vice President BP Canada.
Don holds an MA (Hons) in Economics and International Relations from the University of St. Andrews.
Independent Non-Executive Director
Mr. Miller has over 20 years of senior executive experience in building and running of highly successful entrepreneurial renewable energy businesses. He has wide ranging experience within the utility and petrochemical industries having spent 10 years as the Project Director of a multi-million, complex, international infrastructure project in Thailand.
Muir was Managing Director of Peel Energy Ltd part of the privately owned, diverse and entrepreneurial Peel Group. An agile low carbon development company that is active in a number of technology sectors with the capacity to develop, build, own and operate assets. During a 10-year period lead a team that developed and sold £121 million of assets without requiring any long-term equity investment from Peel Holdings, clearing over £61 million in cash profit. Prior to joining Peel he was CEO of a joint venture, Novera Macquarie Renewable Energy (NMRE). NMRE had an annual turnover of £32 million and was one of the largest independent renewable energy operators in the UK with a total installed generating capacity of 117.5MW across 53 geographically diverse sites.
He is a Chartered Engineer and a Member of the Institute of Mechanical Engineers. In additional, he holds an MBA from Warwick Business School and a BSc (Hons) in Mechanical Engineering from the University of Strathclyde