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Management Team
As Intercept Energy enters new and emerging markets in North Dakota and the U.S., company management is leveraging decades of experience and strategic planning to achieve company growth.
D. Randy Hayward - CEO, Chairman of the Board, and Director
D. Randy Hayward, B. Comm., LLB, has maintained a successful law practice in Edmonton, Alberta, Canada for 20 years. During the latter phase of his law practice, he founded and managed Canadian Dispute Resolution (Alberta) Ltd. and marketed the service of mediation to the legal community and the insurance industry. He also earned his Diploma in Counseling at P.D. Seminars from the haven Institute on Gabriola Island, British Columbia, Canada.
After relocating to the west coast from Edmonton, Hayward has worked with numerous private and public companies for 15 years, being responsible for fund raising, strategic planning and business development in various positions. He has been a consultant to a number of successful public companies trading on the TSX Venture Exchange, raising investment capital and working in corporate communications, business development and investor relations.
Keith Morlock - President and COO
Keith Morlock has a successful track record of fostering rapid corporate growth for oil and gas services companies. Most recently he was the president of 640energy, LLC, where he established 640energy as a leading oil field services firm serving the Bakken Shale in North Dakota, Utah and other areas in North America. Previously, he was in executive management for public and private oil field services companies where he oversaw their turnaround from a loss to a net profit of more than $2 million within one year and secured contracts with major oil and gas OEMs and production companies.
Richard Oravec - Director
Richard Oravec holds an MBA from Fordham University and a BA from Boston University. Oravec is a seasoned financial engineer of emerging technology companies, having successfully structured corporate finance syndications and private placements in small and medium sized public and private companies.
Through his diverse network in the public and private sectors, Oravec brings to Intercept Energy his experience and resources in the raising of capital, creating investment structures, strategic planning, marketing and development, and developing strategic business alliances for accelerated growth.
Herbert Rainford-Towning - Director
Herbert Rainford-Towning has been on Intercept Energy’s advisory committee since February 2012. Towning is university educated at Nottingham University and a postgraduate of the London School of Economics. He joined CT Bowring & Co. in 1956 and worked with various Banking Houses in London, leaving the UK in 1974 to commence an international banking career in Europe, the United States, Bahamas and the Arabian Gulf with the International Investment Corporation Bahrain until 1994.
In the last few years, Towning has become involved in environmental issues particularly waste management and recycling. He founded OWaste2Energy Company Ltd. in the UK with a waste to energy technology in Wales. This system is now operational in Mexico through his Mexican Company OWaste Mexico de CV which has joint ventures with certain Municipalities in Mexico. Towning’s extensive background and experience provides him a unique ability to make business decisions and create opportunities.
Marvin Jones - Director
Marvin Jones is an established oil & gas executive with more than 50 years of industry experience, notably 30 years of management in the drilling contracting industry. Jones has been a successful consultant to the oil & gas industry since 2002, having worked on major national and international projects with companies such as Griffiths Energy Ltd. Kodiak Energy Inc., Thomson Industries, Challenger Drilling, and Trinidad Drilling Ltd.
Through 1997 to 2002, Jones served on the board of Trinidad Drilling Ltd. and acted as the president for three years. From 2005 to 2008 he also served as a director of Kodiak Energy Inc.
Mervyn Pidherney - Director
Mervyn Pidherney is an established independent contractor with more than 45 years of industry experience beginning in 1964 when he launched his company providing services for projects such as the Husky Ram River gas plant. His success soon grew and by 2011 he was awarded the contract for the design and construction of 88 km of fusible potable water pipes from Athabasca to Wandering River. He received the 2013 Prairies Entrepreneur of the Year for the Energy Services Sector.
Pidherney is founder, president and CEO of Pidherney’s Inc. (formerly Pidherney’s Trucking Ltd.), one of the largest and most experienced lease builders in the oil and gas industry for Western Canada. Pidherney’s has a 40-year history of providing a complete start to finish service for all oil and gas production company needs.
Swapan Kakumanu - Chief Financial Officer
Swapan Kakumanu has more than 15 years of senior finance and operations experience. He has served at senior executive management levels both in public and private companies including senior roles as president, chief executive officer, chief financial officer, company secretary as well as serving on the board. Kakumanu has extensive experience in public company reporting, investor relations, ERP implementations, mergers and acquisitions, internal controls and general overall financial and operational management. He is a professional accountant and holds CPA.CGA, ACA (Chartered Accountant, India) and ACMA (Certified Management Accountant, India) designations.
Monita Faris - Corporate Secretary
Monita Faris was educated at the University of Central Florida and obtained her BA in English. Based in Vancouver, she has worked as a consultant for the past 15 years providing corporate and securities compliance services to private and public companies. Faris actively attends securities programs and courses offered by the B.C. Securities Commission, the Continuing Legal Education Society of B.C. and the Toronto Stock Exchange. She is currently responsible for the corporate and regulatory compliance aspects of several OTCBB, TSX, TSX.V and Canadian Securities Exchange (CSE) companies.
