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Board of Directors

Building a Brighter Future Together

Huw Jenkins

Chairman of the Board

Huw Jenkins is the Chair of the Board. He is also the vice-chairman of the board of directors of Banco BTG Pactual S.A. (“BTG Pactual”) and BTG Pactual Participations. He is also a managing partner of BTG Pactual. With over 35 years of investment banking experience, and roles at companies including UBS AG, BZW, Hill Samuel and HSBC, Mr. Jenkins brings a wealth of experience to his leadership. Following a successful career spanning 12 years at UBS AG, which saw him become Chairman and Chief Executive Officer of UBS Investment Bank, Mr. Jenkins left UBS AG in 2008 and joined BTG Pactual. Mr. Jenkins is also Chief Executive Officer and Chairman of the Board of Directors of Engelhart Commodities Trading Partners (ECTP), formerly known as BTG Pactual Commodities, which was spun out of BTG Pactual in 2016. Mr. Jenkins has a BA (Hons) in Psychology and Sociology from the University of Liverpool, which was followed by an MBA from London Business School.

Roger Tucker

President, CEO and Director

Dr. Tucker is currently the President and Chief Executive Officer of the Company. Dr. Tucker has been a senior executive in the energy sector across the globe for over thirty years. He has held positions in companies ranging in scope and scale from multinational majors to new emerging market players and private equity funded entities. Most recently he has been involved in private equity investing in the energy space. He has directly managed significant development projects including one of the world’s largest field re-development projects located in Venezuela. He also served as Senior Vice President Europe for BG Group where he was directly responsible for budget, operational and financial performance of BG Group’s European business that accounted for 150,000 boepd production and a significant portion of the group’s revenues. During his time at BG Group, Dr. Tucker was also a member of the Regional Executive and Regional Investment Committee for Americas, Europe and Central Asia. He holds a PhD in Sedimentology & Geochemistry and a BSc in Geology, both from the University of Newcastle upon Tyne.

Michael S. Ebsary

Director

Mr. Ebsary was the Chief Executive Officer, and a director of Oryx Petroleum Corporation Limited from 2010 until 2016. He served as the Chief Financial Officer of Addax Petroleum Corporation, an international oil and gas exploration and production company, for eleven years between 1998 and 2009. These two companies had operations throughout Africa and Kurdistan. He previously held various positions in project finance and treasury with oil companies Elf Aquitaine and Occidental Petroleum, both in France and the United Kingdom. He began his working life in multinational banking institutions in Canada and the United Kingdom, after graduating with an MBA from Queen’s University in Canada.

John Craig

Director

Mr. Craig serves as senior counsel in the Mining Group at Cassels, where he was a partner until 2016 practicing in the area of securities law with an emphasis on resource companies. Mr. Craig has extensive experience in capital raising, public and private mergers and acquisitions and negotiating international mining and oil and gas related concession, joint venture, operation, and farm-in agreements. Mr. Craig received his Bachelor of Arts (Economics) and Bachelor of Laws from the University of Western Ontario and was admitted to the bar in 1973. Mr. Craig has served as a director on the boards of several public resource companies.

Edwyn Neves

Director

Edwyn Neves is a managing director partner at BTG Pactual where he is responsible for the Capital Solutions Group, in addition to managing proprietary equity investments in Estapar, a publicly listed company in Brazil and the largest parking company of Latin America. Mr. Neves is the Chairman of Estapar (parking company) and a board member of Via Appia (highways operator). Over the last 16 years at BTG Pactual, Mr. Neves has led investments of more than US$6 billion in over 100 transactions across several different sectors and instrument types (common and preferred equity and senior/junior/mezzanine debt). Mr. Neves holds a Bachelor Degree in Business Administration from Fundação Getulio Vargas.

Kimberley Wood

Director

Ms. Wood is a legal professional with over 25 years’ experience and a specialist in M&A and the energy sector. She is General Counsel & Company Secretary at Storegga Limited, a private developer of carbon capture, storage and hydrogen projects. She is a former partner of Vinson & Elkins LLP (2011-2015) and Norton Rose Fulbright LLP (2015-2018) where she was also Head of Oil and Gas for Europe and the Middle East. Throughout her career, she has advised a wide range of companies in the sector, from small independents through to super-majors. She is included in Who’s Who Legal Energy 2023. Ms. Wood is currently a Non-Executive Director of Energean plc where she is Chair of the Remuneration & Talent Committee.

AHONSI UNUIGBE

Director

Ahonsi Unuigbe is the founder, chief executive officer and a director of Petralon Energy, a private African oil and gas company committed to indigenous ownership and sustainability. Mr. Unuigbe has over 20 years experience in oil & gas project finance and sectors spanning energy, petrochemicals & power. He worked for 11 years in investment banking and project finance starting at Citigroup in London, where he rose to the position of Manager, Project and Corporate Finance. He went on to provide oversight for the execution of various project / structured finance and advisory mandates at Standard Bank, where he served as Director & Head of the Project & Structured Finance Group. He also had a stint in the public sector (on secondment from Standard Bank), as Special Adviser to the Minister of Finance and later as Honourable Commissioner for the Ministry of Budget, Planning and Development in Edo State, where he played a pivotal role in securing budget support for the State from the World Bank. He was a founding Executive of First Hydrocarbon Nigeria (FHN), where he served as Chief Financial Officer/Executive Director, a role in which he led the company’s financing of its acquisition of OML 26 from the Shell JV for US$147.5 million. He is a recipient of the 2009 Archbishop Desmond Tutu Leadership Fellowship Award for Emerging Young African Leaders. Mr. Unuigbe holds a bachelor’s degree in Economics from the University of Sussex United Kingdom and a master’s degree in International Securities and Investment Banking from the ISMA Centre, University of Reading United Kingdom. He is the Chairman of the Nigerian Exchange Limited (NGX) and also on the supervisory board of Prime in the Netherlands.

RICHARD NORRIS

Director

Dr. Richard Norris has over 30 years energy related experience in both industry and finance, including roles with large and small oil companies, as well as roles in debt and equity financing. Richard has worked in engineering, management and board roles covering Africa, Europe, Former Soviet Union and South America with BP, Elf Aquitaine/Total, Geopetrol, Candax Energy and Eland Oil and Gas. In finance Richard was instrumental in building the European oil and gas structured finance group at BNP Paribas. As a Partner at Helios Investment Partners, Richard co-managed Helios’s Private Equity energy investments throughout Africa. Richard is a Fellow of the Canadian Global Affairs Institute. He is also a leading author and speaker on the role of energy in society and economics. He holds a BSc in Geology, an MSc in Petroleum Geology and a PhD in Petroleum Engineering (Imperial College, London). Richard is also a Director of Maha Energy AB.

Pascal Nicodeme

Director

Mr. Nicodeme has over 20 years’ experience in the oil and gas industry and banking. He began his career as a field geophysicist for TotalEnergies. Mr. Nicodeme joined Perenco in 2002, where he ran the group cost and management control and subsequently became group finance manager, then deputy general manager of the United Kingdom branch. Mr. Nicodeme then joined the banking industry and held management positions in the Reserve Based Lending and Project Finance and Advisory teams of several banking institutions, including Natixis, Credit Agricole CIB and Standard Chartered Bank. Mr. Nicodeme joined NewAge in 2015 and was appointed interim Chief Executive Officer in 2019. Mr. Nicodeme served as the Chief Financial Officer of Africa Oil from 2019 to 2025. Mr. Nicodeme holds an engineering degree from the Ecole Polytechnique, a MSc from the French Institute of Petroleum and an MBA from INSEAD.