Management Team

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Richard Wadsworth, Chairman & CEO

  • Professional Petroleum Engineer, 25 years international oil and gas experience
  • Co-Founder of Bankers Petroleum in 2004; orchestrated the acquisition of the Patos Marinza oilfield in Albania with initial 500 bopd production
  • Director, President and COO of Bankers Petroleum (2004-2008); built the team and redeveloped the Patos Marinza oilfield with new technology to grow to 7,000 bopd and over 100 mmbbls of 2P reserves in the first four years; developed the first oil exports in country in 2004; established first horizontal drilling in 2008
  • Previously with Premier, Anglo Albanian, Koch, Syncrude and Esso
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Bill Marpe, General Manager, Jakarta, Indonesia

  • Lawyer (TX), 35 years of international experience (Union Texas Petroleum, Transworld Oil Ltd.)
  • President of three production sharing companies in Indonesia
  • General manager of P.T. Petcon Borneo when Palangkaraya Block was sold to Conoco-Phillips
  • Founder and President of Stockbridge Oil & Gas Ltd 
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Dean Callaway, Chief Financial Officer

  • Chartered Professional Accountant , more than 23 years in the energy industry
  • CFO for private and public companies for over a decade with experience in Indonesia, the Philippines, Thailand, France, Namibia, Niger and the United States. 
  • Previous Head of Mergers and Acquisition for Terasen Pipeline
  • Corporate finance and international business development experience at Enbridge and TransAlta
  • Energy investment banking experience at Merrill Lynch                                                                                                                     
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Hening Sugiatno, Senior Geologist

  • Geologist, Colorado School of Mines, M.Sc, with more than 20 years of oil exploration and production experience in Indonesia
  • Exploration Geologist for Coparex and Lundin Indonesia
  • New venture advisor for Oilex,  Australia
  • Managed West Kampar and Pase Blocks
  • Developed play concepts leading to award of Palangkaraya PSC, Kalimantan

Alan Rachman, Government Liaison

  • Engineer with more than 30 years upstream and downstream operations in Indonesia
  • Previous experience with PT Petcon, Harvest Natural Resources and Ormat International
  • Started his career with Schlumberger
  • Regular participant in Indonesia government and and regulatory consultative panels focusing on renewable energy