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Afren (Presentation) - Proactive Investors

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Executive management<br />

Osman Shahenshah<br />

Chief Executive<br />

◦ 20 years experience of oil and gas<br />

finance<br />

◦ One of the founders of <strong>Afren</strong><br />

◦ International career began with<br />

Credit Suisse First Boston<br />

◦ Senior positions in the oil and gas<br />

finance groups of the<br />

International Finance Corporation<br />

(private sector arm of the World<br />

Bank), and the investment<br />

banking divisions of Dresdner<br />

Kleinwort Wasserstein and<br />

Mediocredito Centrale<br />

◦ More than 15 years experience in<br />

the African Oil & Gas sector<br />

working with Shell, Chevron,<br />

Total, ENI and Nigerian National<br />

Petroleum Corporation<br />

◦ PhD from University of<br />

Pennsylvania, MSc from Columbia<br />

University and a BA from Brown<br />

University<br />

Evert Jan Mulder<br />

Chief Operating Officer<br />

◦ Over 25 years industry experience<br />

◦ Addax, Shell, Weatherford and<br />

Halliburton<br />

◦ Over 13 years experience in Nigeria<br />

◦ Most recently COO of Addax,<br />

Nigeria’s largest independent oil<br />

producer<br />

◦ Responsible for increasing<br />

production from 30,000 bopd to<br />

75,000 bopd in 24 months, while<br />

maintaining reserves at Addax<br />

◦ Over 10 years with Shell (Head of<br />

Commercial Planning in Nigeria and<br />

Head of Production Technology for<br />

Shell Expro)<br />

◦ Formerly Business Development<br />

Manager and the Global Manager of<br />

Reservoir Description for<br />

Halliburton<br />

◦ MSc in mining engineering from the<br />

Technical University of Delft,<br />

Netherlands<br />

Egbert Imomoh<br />

Exec. Chairman, <strong>Afren</strong> Nigeria<br />

◦ 36 years experience with Shell in<br />

Nigeria, UK and Netherlands<br />

◦ Formerly Deputy Managing<br />

Director of Shell Petroleum<br />

Development Company (Nigeria)<br />

("SPDC") producing 1 mm bopd<br />

◦ Held various senior positions<br />

throughout the Shell group from<br />

Chief Petroleum Engineer in<br />

SPDC, Technical and Planning<br />

Manager to Deputy MD of SPDC<br />

◦ Member of the Society of<br />

Petroleum Engineers and has<br />

served on the SPE board as<br />

regional Director for Africa<br />

◦ BSc in Mechanical Engineering<br />

from Birmingham University<br />

www.<strong>Afren</strong>.com - October 2007<br />

31

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