The Company is led by the management team of Martin Rowe, Rod Crawford and James Henry. Together with a technical team that shares a strong ARCO heritage, they have brought success to several independent North Sea oil companies subsequent to ARCO’s takeover by BP in 2000.
In 2016 the team has been enhanced by a number of experienced personnel joining Zennor from other successful North Sea operators. Allied with the financial strength provided by Kerogen, this has given the Company the right components to drive the business forward over the next few years and take advantage of opportunities arising in the current low oil price environment.
The Board of Zennor Petroleum Ltd comprises Dr Alan Parsley (Chairman), Martin Rowe (Managing Director), Rod Crawford (Technical Director), James Henry (Finance Director), Jason Cheng, Philip Jackson and John Daniel (Non-executive Directors).
The management team is supported by Marilyn Merryweather (Geophysical Advisor), Peter O’Mara (Geological Advisor), David Beaghan (Operations Director) and Graham Cooper (Commercial Director), together with a number of talented technical, financial and administrative support staff. Zennor also has a team of experienced associates who provide valuable drilling, technical and commercial expertise and support.
Martin Rowe co-founded Zennor and was appointed Managing Director in April 2014 on completion of a management buy-out. During 24 years in the oil and gas industry Martin has gained significant operational experience in reservoir, petroleum, production and drilling engineering, and has a strong background in the commercial and financial aspects of the upstream industry, including the negotiation of multiple asset acquisitions and divestments and UK North Sea hydrocarbon offtake agreements.
Martin graduated from Camborne School of Mines with a BEng in Mining Engineering.
Rod Crawford co-founded Zennor and has spent 34 years in the oil and gas industry undertaking acquisition, processing and interpretation of both land and marine seismic data. Rod’s wide experience includes the use of seismic inversion, attributes and reservoir characterisation over the whole range of geological environments: rifts, fold belts and forelands; both clastic and carbonate reservoirs; post/sub salt and sub basalt targets. Additionally, Rod has been an active member of several multi-disciplinary teams looking at projects as diverse as frontier exploration, prospect definition, field development studies and equity determinations.
Rod graduated from the University of Wales with a BSc in Geophysics.
James Henry has been Zennor’s FD since 2007 and has strong experience of upstream oil and gas sector financial, commercial and joint venture accounting issues. James had a key role in the Company’s MBO in April 2014 and in the acquisition by Kerogen in August 2015. Previously James spent 21 years in the financial services sector including senior management roles at LIFFE, The London Clearing House and Cargill Investor Services.
James qualified as a chartered accountant with Arthur Young after gaining a BSc in Geology from Exeter University.
Marilyn Merryweather has over 39 years oil and gas industry experience mainly gained at Amoco and ARCO. She is an interpretation geophysicist and prospect generator and has acquired extensive knowledge and expertise in all aspects of sub-surface exploration, appraisal and field development. Following the acquisition of ARCO, Marilyn worked for BP, Tullow and EOG Resources and in 2006 joined the technical team at Zennor helping them to establish and grow their asset base in the UK.
Marilyn graduated with a BSc in Geology from Durham University, followed by an MSc in Marine Earth Science from University College, London. She is a member of the Petroleum Exploration Society of Great Britain.
Peter O’Mara has 24 years oil and gas industry experience gained at ARCO, Ruhrgas, EOG Resources and Zennor. Peter is a geologist with knowledge and expertise in all aspects of exploration and field development and management. During his early career he worked in the development of several oil and gas fields and has extensive experience of new venture evaluations and developing exploration and appraisal portfolios of both conventional and unconventional resource opportunities in the UK, Continental Europe and North Africa.
Peter graduated from Leicester University with a BSc in Geology, followed by an ARCO-funded studentship, resulting in an MSc from Durham University for research in Carboniferous sedimentology. He is a member of the Petroleum Exploration Society of Great Britain.
David Beaghan has 27 years of oil and gas industry experience in planning and managing drilling operations. This experience includes UK and international exposure, onshore and offshore operations and periods supervising operations at the well site. David has worked with a variety of operators ranging from large multinationals to small independents and was the Drilling Manager for the three offshore UK North Sea wells drilled by Zennor North Sea Ltd (formerly MPX North Sea Ltd), as licence operator in the period 2012-14.
David graduated from University of Birmingham with a MEng in Civil Engineering and he is also a Chartered Mining Engineer.
Graham is a geologist with over 35 years of industry experience, of which the last 20 have been spent in commercial and business development roles. He joined Zennor in January 2016 from EnQuest plc where, as Head of Business Development since 2011, he was responsible for delivering a large number of North Sea focused acquisitions. Previously Graham held a number of senior commercial roles in Shell, including Vice President – Commercial for Shell International Global Exploration and Head of the Commercial Academy for the entire Shell Group. He also served as a Non-Executive Director of AIM-listed Ascent Resources PLC between 2011 and 2013.
Graham graduated from Cambridge University with an MA in Natural Sciences.
Jason Cheng is the Managing Partner and co-founder of Kerogen Capital. Jason has over 20 years’ commercial experience across investing, operations and investment banking. He was the Managing Partner of Ancora Capital, and the manager of the Prior Fund. Before this, he was a managing director of Jade International Capital Partners Limited in Beijing, where he was involved in Sino-foreign investments and advisory assignments. He previously worked in investment banking at J.P. Morgan in the Energy and Natural Resources Group and prior to this at Schroders, in both the energy and the Asian M&A teams. Jason is also a Non-executive Director of independent oil and gas company, Buried Hill Energy.
Jason holds an MSc (finance and management) from the University of Sydney and a BSc (economics and econometrics) from the University of Melbourne.
Dr Alan Parsley is an Executive Board Member of Kerogen Capital. He has over 45 years’ experience in the oil and gas industry, predominantly at Shell, where he held senior positions including Global Head of Exploration and Head of New Business Ventures. In his later career, he became Chief Executive of Shell Syria and Chairman of Shell Australia. He formerly served as a member of the Board of Woodside Petroleum Ltd. and is currently an independent Non-executive Director of the independent oil and gas company, Buried Hill Energy.
Alan graduated from the University of Edinburgh and holds a BSc and a PhD in Geology. He was a member of the Court of Heriot-Watt University from 2005 to 2011.
Philip Jackson is an Executive Board Member of Kerogen Capital and serves on its Investment Committee. He has 35 years’ experience in investments and corporate finance in energy and infrastructure projects. Philip is on the boards of New Age (African Global Energy) Limited and Singapore-listed Macquarie International Infrastructure Fund Limited. He was the founder and former Chief Executive of J.P. Morgan Asset Management’s $860 million Asian Infrastructure and Related Resources Opportunity Fund. Philip was with J.P. Morgan (and heritage Jardine Fleming) for over 20 years, leading their energy and infrastructure advisory businesses, advising on restructuring, M&A and privatisation. He started his career with the energy team at Ashurst LLP before moving to its client Trafalgar House plc, one of the UK’s leading independent oil and gas and construction companies.
Philip graduated with an MA in law from the University of Cambridge and is a solicitor of the Supreme Court in England.
John Daniel is a Director of the Technical Team of Kerogen Capital. He is a geologist with over 30 years’ international experience in senior technical and commercial roles, covering geology, exploration management, operations, new ventures and business development. Prior to joining Kerogen, John was Regional New Ventures Manager at Sasol Petroleum, with responsibility for Africa, the Middle East and Central Asia; Exploration and New Ventures Manager for MND Exploration & Production’s international portfolio; Business Development Manager, Europe and Africa for Marathon Oil; and held various senior roles at Lasmo, Monument Oil & Gas, Ranger Oil and ConocoPhillips.
John is a Fellow of the Geological Society and a member of the Petroleum Exploration Society of Great Britain. He graduated with a BSc in Geology from the University of Sheffield and holds an MSc in Petroleum Geology from Imperial College London.