Mr Cochran was appointed to the board in October 2014, following the acquisition of Hague & London Oil BV (“HALO”), where he was a principal alongside Mr Phelps. He was previously an Executive Director of Coastal Energy Company (“Coastal”) before its sale to Compania Espanola de Petroleos, S.A.U. (“CEPSA”) for approximately C$2.3bn in November 2013. Prior to that, Mr Cochran was the CEO of Dominion Petroleum which was sold to Ophir Energy in 2011 in an approximately $250m transaction and was a co-founder of Salamander Energy in 2005. He has over 20 years of international experience in the oil and gas industry working across Asia Pacific, North Africa and the Middle East and undertaking a wide range of roles including Business Development and New Ventures. He has previously worked for Western Geophysical; Veritas DGC Indonesia and Anadarko Petroleum.
Mr Phelps was appointed to the board in October 2014, following the acquisition of HALO, where he was a principal alongside Mr Cochran. He was Chief Financial Officer of Coastal, which held operated interests in both the Gulf of Thailand as well as onshore Thailand, before its sale to CEPSA in November 2013. Before that he was Chief Financial Officer of NuCoastal Corporation and NuCoastal Thailand, the predecessor company to Coastal. His early background in Oil & Gas was working for Citi as a Vice President in the Energy Investment Banking Group where he advised on numerous M&A and financing transactions.