BOARD OF DIRECTORS


Steven Joseph Koroknay
BE (Hons) – Civil Eng (Sydney), FAICD, FAusIMM, FIEA
Executive Chairman and Chief Executive Officer


Mr Koroknay’s career encompasses 25 years in the international oil and gas industry commencing with Esso Australia Limited (Esso). Prior to becoming the Technical Manager of Esso’s upstream activities in Australia, Mr Koroknay was the Assistant Area Manager for the Esso/BHP Bass Strait operation, which at the time included twelve offshore platforms producing oil and gas, associated pipelines and three onshore processing plants. During the 15 years he worked for Esso, Mr Koroknay also had various assignments in the United States.Mr Koroknay left Esso to take up the position of Manager of Production and Engineering with Bridge Oil Limited, rising to Executive Director – Resources. Mr Koroknay worked with Bridge Oil for ten years, during which time the growth of Bridge Oil was principally achieved through a strategy of acquisition of oil and gas producing assets in Australia and the United States.Mr Koroknay was formerly a councillor of Australian Petroleum Production and Exploration Association Limited and the chairman of the Advisory Board for the School of Petroleum Engineering at the University of New South Wales. He is currently a Fellow of the Australian Institute of Company Directors, the Australian Institute of Mining and Metallurgy and the Institution of Engineers, Australia. Mr Koroknay is a director and shareholder of Anzon Energy Limited, a substantial shareholder in Anzon Australia.

Jean-Marc Georgy
MBA (INSEAD), PMD (Harvard Business School), MLaw (Paris), MEconomics (Paris), Diploma IEP (Paris)
Non Executive Deputy Chairman

Mr Georgy has over 27 years experience as an investment banker, during which time he held numerous high level financial posts with Banque Nationale de Paris (BNP) and JP Morgan in Europe, the United States and in emerging markets. His major professional experience has been in corporate finance, project finance and general management. He has been instrumental in major oil and gas industry financing and merger and acquisition transactions.
Mr Georgy initially spent 4 years with BNP first in Project Finance as Project Head – Oil and Gas Section, heading the then largest French export project financing transactions in the North Sea such as Frigg, Alwyn, Montrose, Piper and many others, before becoming Head of Shipping and Aircraft Finance Sector.
He subsequently spent 22 years with JP Morgan, working as a Vice President then as a Managing Director in New York, Paris, Lagos and London. He has held several significant positions in JP Morgan such as Head of Investment Banking and Senior Client Executive of JP Morgan France, being on the Board of Morgan & Cie and of Societe de Bourse JP Morgan.
Mr Georgy is a director of Anzon Energy Limited.


Andrew Alexander Young 
BE (Chemical), MBA (Hons), SPE
Executive Director and Chief Operating Officer

Mr Young, 2003 Society of Petroleum Engineers (SPE) President, was a senior advisor and regional director for Gaffney, Cline & Associates’ (GCA) technical and management team in Sydney, providing advisory services in Australia and Asia and supporting other project teams internationally.
Prior to joining GCA in 1999, Mr Young served as Managing Director of Century Drilling Ltd., an Australian oil/gas, mineral and geothermal drilling contractor. From 1994 to 1997, he was General Manager of Operations for the New Zealand Natural Gas Corp., responsible for gas processing and high-pressure pipeline operations. Mr Young also spent 11 years at Bridge Oil Ltd., where he was production manager, and eight years with Esso Australia Ltd. in various technical and management positions.
Throughout his professional career, Mr Young has been active in SPE, particularly in assisting in its formative development in Australia. He served as Director of the SPE Asia Pacific Region from 1993 to 1996. A recipient of the SPE Young Member Outstanding Service Award in 1987 and the SPE Asia Pacific Regional Service Award in 1998, Mr Young also was named SPE Distinguished Member in 2000.
Mr Young currently serves on the Advisory Board of University of New South Wales School for Petroleum Engineering, recently completed a four-year term as a director of the National Safety Council of Australia, and is a member of the Australian Institute of Company Directors. He holds a BE degree in chemical engineering from Melbourne University and MBA degree (honors) from the University of Rochester, New York.


Michael Norman Arnett 
BComm, LLB
Non Executive Director

Mr Arnett is a Partner, member of the board of directors and national head of the Natural Resources Business Unit of the law firm Deacons. Mr Arnett is also one of the firm’s 2 representatives on the International Management Board responsible for the management of Deacons’ international operations which extend throughout Asia. His practice is corporate and commercial in which resource industry work has been prominent for the last 10 years. Mr Arnett acts for a number of junior and major exploration and mining companies with operations in Australia, Asia and Africa.
Mr Arnett is also a director of Anzon Energy Limited. Mr Arnett is also the director of a number of public and private companies, including Archipelago Resources Plc, Aztec Resources Limited, Kids Campus Ltd, Orlando Resources NL and Queensland Energy Resources Ltd.


Michael O’Hearn Clarey 
BA (Mathematics), MIM
Non Executive Director

Mr Clarey has over 30 years international business experience in Australia, Asia, Europe, and North America. He brings a broad base of financial experience having worked in senior Government and management positions in the financial services industry across specific industries including mining and metals, oil and gas, construction and engineering, and shipbuilding, passenger and ferry services.
Mr Clarey served in the US Navy where he achieved the rank of Lieutenant. Assignments included the River Patrol Force in Vietnam and subsequently an instructor at US Naval Officer Candidate School in Newport, RI, USA. Following graduate school where he earned a Masters in International Management, Mr Clarey commenced his banking career at JP Morgan where he spent 18 years, in Sydney, USA, Singapore, Japan and France in diverse roles including corporate finance, capital and bond markets.
During the 1990’s Mr Clarey was Executive Director, Corporate Finance at Chemical Australia Limited and Managing Director and Head of Non-ferrous Metals & Mining with Chemical Securities in New York. Following the merger with Chase Manhattan, Mr Clarey became Head of Forest Products and Aluminium for Chase Securities. In August 1999, Mr Clarey was appointed by the Australia Government’s Export Finance Insurance Corporation (EFIC) as Head of the Structured Trade and Project Finance Division.


   
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