Board & Executive
Strong board and executive management team with significant North Sea expertise
David Knox, BSc (Hons) Mech Eng, MBA, FIEAust, FTSE, served as the Chief Executive Officer and Managing Director of Santos Limited from 2008 to 2015, after joining the company in 2007 as the Executive Vice President of Growth Businesses. David has global experience in the Petroleum Industry. Joining Santos in 2007, he was responsible for growth of new businesses including Geoscience and New Ventures, Indonesia and other strategic projects.
Prior to Santos, David served as the Managing Director of BP Exploration and Production in Australasia, having previously held management and engineering roles at BP, ARCO and Shell across Australia, United Kingdom, Pakistan, United States, the Netherlands and Norway.
Chief Executive Officer
Majid Shafiq has 30 years of technical and investment banking experience focused on the global E&P sector.
Prior to joining Àrgentil Capital Partners as CEO in 2015, Majid spent 12 years in energy investment banking advising on asset level acquisitions and divestments, corporate M&A and equity financing for the private and public, small to mid-cap oil and gas sector. During that time he worked for Waterous and Co, Tristone Capital Ltd and latterly with FirstEnergy Capital LLP as Managing Director, Corporate Finance.
Prior to his investment banking career, he worked for Mobil Oil Corporation for 13 years in various petroleum engineering and commercial roles in the UK and the Netherlands. Majid holds a Bachelors degree in Nuclear Engineering from Manchester University, a Masters degree in Petroleum Engineering from Heriot-Watt University and an MBA from London Business School.
Chief Financial Officer
Prior to co-founding i3 in late 2014, Graham served as VP Corporate Development and later as Interim CFO at Iona Energy from December 2010 alongside Neil Carson.
During his time at Iona, Graham worked with the senior management team to build the company from infancy to 40MMboe of 2P reserves and production above 6,000 boe/day, listing the company on the Toronto Venture Exchange, and structuring equity, debt, and derivative financings in excess of US$670million
Prior to joining Iona, Graham Heath’s 15 year career focused on energy-related tech startups and consulting within Alberta’s Oil and Gas Industry. Between 1998 and 2010, Graham consulted to Colt Engineering, PanCanadian Petroleum, EnCana Corporation and Cenovus Energy. From 2002 to 2006, Graham was Cofounder and VP of Strategic Development for The CO2 Hub – a marketplace created to facilitate the sale and purchase of carbon dioxide and its related purification, compression, storage, and transportation services – designed to foster the aggregation of CO2 supply and demand for its use in enhanced oil recovery. Graham Heath holds a Bachelor of Commerce from the University of Calgary.
Neill has over 32 years of management and international project experience in the oil & gas industry.
In early 2004, Mr. Carson co-founded Ithaca Energy Inc. where he served as its President and a Director from April 2004 and acted as Chief Operating Officer until late 2007. While at Ithaca, Neill was responsible for asset acquisitions, all aspects of operations and safety, general corporate strategy, and the drilling of four successful oil wells. During his tenure at Ithaca, the portfolio grew to 39 MMboe of proven plus probable reserves and was on plan to deliver 8,000 boe/day of production. Neill founded Iona Energy Inc. in late 2007 where he served as Chief Executive Officer until his departure in mid 2014 to form i3. Responsible for all aspects of corporate strategy and portfolio development, he grew Iona to 40 MMboe of 2P reserves and saw peak production of 6,700 boe/day.
Prior to Ithaca Energy, Neill spent 23 years at BP Amoco and was responsible for numerous exploration, development and production.
Richard brings to the i3 board 35 years of broad range experience in the oil and gas industry with senior executive roles in full-cycle oil and gas exploration and production, information technology and oil and gas services.
He has held several Vice President positions in TNK-BP, Sidanco, and Amoco, where he was responsible for government liaison, the implementation of business strategies and the management of exploration and new venture projects. He has recently held Board and Advisory Board of Director positions in Iona Energy, Accenture Russia, the Kiawah Conservancy, and DataSpace. Richard graduated from Duke University with a Bachelor of Science degree in Geology, and from the University of Georgia with a Master of Science in Geology.
He joined Amoco in 1981 and worked as a geologist responsible for reserve definition in several international petroleum basins including the North Sea.