Michael Seymour (age 67), president

 

Michael Seymour, the founder of Aurelian, is a geologist with nearly forty years’experience in the oil industry. He trained with large companies such as the Burmah Oil Company, Conoco-Philips, Inc. and Kerr-McGee Corporation.

 

In 1984, he founded Teredo Oils Limited as a private company, and after a reverse takeover in 1987, he became managing director of the then listed Teredo Petroleum plc. The company was subsequently acquired by Cairn Energy plc in 1993.

 

In 1992, he founded Medusa Oil Limited with support from a small group of oil industry veterans, and spent the next five years building up an exploration portfolio.

 

In 1997, Medusa was acquired by Ramco and he became exploration director of the company. Following a change in corporate strategy at Ramco, Michael entered into an agreement to leave Ramco and established Aurelian in 2002 to acquire from the company the Polish, Romanian and Bulgarian assets which constitute a significant proportion of the current portfolio.

 

Michael serves on the Executive Committee.