Board & Executive
Strong board and executive management team with significant North Sea expertise
Linda has over 30 years’ experience advising international E&P clients and since 2016 has been a board member of numerous companies. As a director of other small cap natural resources businesses, she brings corporate governance and financial expertise and experience as Audit Committee Chair.
Linda joined Grant Thornton in 2013 as a Tax Partner and was Global Leader for Energy and Natural Resources, mandated to build its global energy and natural resources capability. Previously, Linda spent 30 years at PwC and its legacy firm Price Waterhouse in Audit and Tax, 16 of them as a Partner. Launching PwC's Natural Resources Independents business in the mid-2000s, she focused on advising international E&P clients across the AIM, FTSE350, overseas listed and private sectors.
Linda graduated in 1982 from the University of Nottingham with a BSc (Hons) in Mathematics, thereafter qualifying at Price Waterhouse as a Chartered Accountant in 1985.
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.
Mr Festival is a chemical engineer with 36 years of experience in the Canadian oil and gas sector, focused on the WCSB and has an excellent track record of founding, growing and monetizing oil and gas ventures in Canada. He is currently the CEO of Broadview Energy and was the President and CEO of Black Pearl Resources Inc. prior to its acquisition by International Petroleum in December 2018 in a stock and debt transaction valued at c.US$715 million. He was previously the founder and President of BlackRock Ventures Inc. which was established in 2001 and sold to Shell Canada for CAD$2.4 billion in 2006.
He graduated in 1984 with BSc in Chemical Engineering from the University of Saskatchewan.