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Richard Gazal, Chairman

Richard is an executive director of 3C Capital private family office, until late 2016 he was also executive director of Gazal Corporation a post he held for over 15 years. Richard is an entrepreneur with extensive experience running Company’s across a wide range of sectors.

Through 3C Capital which has a presence in Europe, the UK and Australia, the team maintains a specific focus on the oil & gas sector. He is a major shareholder of Larus.

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John Chambers, Managing Director

John is an energy executive with 40 years’ global experience across exploration, development and production activity in technical, commercial and senior management roles. He retired from Santos at the end of 2022 where he had been Vice President for Offshore Upstream, Northern Australia, Timor Leste and Papua New Guinea

Since joining Santos in 2003, John has variously held roles in Santos as Vice President Santos PNG, Asia Pacific Exploration Manager, President Santos Bangladesh, Country Manager Santos Vietnam, Country Manager Santos India and Exploration Manager Onshore Australia.

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Ric Malcolm, Director

Ric is a professional geoscientist with over 40 years of varied oil and gas experience within seven international markets. This included a period of management of Mobil’s assets in PNG from 1997 to 1999.

His latter roles from 2006 to 2013 included Managing Director of OMV UK and Managing Director of Gulfsands Petroleum, an AIM listed exploration and production company with operations in Syria, Tunisia, Morocco, USA and Colombia.

He is currently a non-executive director of Cue Energy Resources Limited.

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Joe Holloway, Director

Joe is a member of the board. Joe is a prominent businessman and managing director of multiple companies consisting of hotels, retail, property development and manufacturing in PNG, he is also a director of National Finance PNG and PNG Ports Limited.

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Alaister Shakerley, Exploration Manager

Alaister is a structural geologist and petroleum geoscientist by background with 22-years’ global professional experience, including both exploration & production with: Eni, DNO, Maersk Oil & Total Energies.

Prior to joining Larus, Alaister worked on PNG Exploration & New Ventures at Total Energies. He possesses in-depth knowledge of onshore & offshore Papua New Guinea.

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Tim Rady – Geophysicist

Tim is a geophysicist with 17 years’ experience in oil & gas exploration, specialising in seismic interpretation, play analysis, prospect maturation and opportunity evaluation.

He has previously worked for Santos, Premier Oil (Harbour Energy) and Total Energies on a broad range of new ventures, exploration and development projects in Brazil, Norway, Bangladesh, Vietnam, Malaysia, Indonesia, Thailand, Australia, Myanmar and Papua New Guinea.

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Geoff Atherton – Drilling Manager

Geoff is an experienced Well Engineering and Operations Leader. With a core excellence in well construction and operations, he has extremely positive leadership style, supported by outstanding communication skills and broad technical experience.

He has a proven track record of managing project teams and delivering complex projects across Australia, Asia-Pacific, UK and Former Soviet Union of varying scales in different operating environments.

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Peter Murdoch – Procurement Manager

Peter is an experienced Procurement Leader having headed up Procurement and Supply Chain functions for several upstream enterprises, including Hess, Cairn and Santos.

He has extensive and broad technical experience in Oil and Gas and a proven track record of delivering complex and challenging projects of varying scales in different operating and regulatory environments across Asia-Pacific, Australia, and UK.

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Matthew Azar, Company Secretary

Mr Azar has been in business and company secretarial consulting for several years and prior to that operated a successful business for 7 years following 10 years in management at the Australian Jockey Club.

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Model Answer

Model Answer provides clients with deep commercial analytical expertise, supporting resources sector feasibility studies, financing processes and infrastructure development.

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ERIAS

ERIAS are PNG specialists, providing life-of-project environmental and social impact assessment and management solutions to the resources, energy and infrastructure sectors.

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Molyneux Advisors

Molyneux Advisors are a leading provider of strategic upstream advice to the energy industry.

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Moyes & Co.

Moyes offers experienced bespoke project professional teams with worldwide practical operating, technical and commercial, contractual and financing experience in the global energy industry.

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Dr. Dennis Cooke

Dr. Cooke has worked for over 45 years in the energy industry with experience in seismic processing, prospect generation, and QI analysis. Positions of note include applied research at the ARCO Research Lab in Dallas and Corporate Chief Geophysicist at Santos in Australia.

He has a PhD from the Colorado School of Mines. Dennis is a past president of the Australian SEG and a past vice president of the international SEG.

Dr. Cooke currently owns and manages ZDAC Geophysical Technology Ltd., which focuses on software development and seismic reservoir characterisation.

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Professor Dorrik Stow

Professor Stow is an internationally renowned geologist and oceanographer with an extensive record of scientific publications, including over 300 scientific papers, numerous books and edited volumes.

He specialises in the deep sea and its sedimentary record – modern, ancient and subsurface. He has pioneered research on contourites and paleocirculation including how these are linked with climate and past environmental change. In pursuing this scientific mission, he has sailed on all the world’s major oceans, and visited, lectured or worked in more than 50 countries.

He is currently the Director of Research and Professor of Petroleum Geoscience at the Institute of Petroleum Engineering, Heriot Watt University and works with the oil industry.

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