SAKH Change of control document.... shell "reverse merger"
Shell has 0 debt!!
only 3.5 million float
New CEO and CFO BIO updated!. looks like new Company moved in this shell in OIL & GAS Sector!
Russell Brimage
President
Mr Brimage has In excess of 40 years of experience in the upstream oil and gas industry. He has operated at C-level within both public listed oil & gas companies and the oil and gas services industry, onshore and offshore. In 1982, he founded and became managing director of an oilfield services company - a company rapidly growing to become a dominant service contractor in the Australian industry, providing contract field operations, testing and wire-line services, facility design and construction, drilling and work-over services. After the successful trade sale of the service entity, Mr Brimage embarked on a successful career within the public company arena, demonstrating capability in capacity of CEO to secure and develop producing assets, often via industry counter-cyclical transactions, to transform companies from zero revenue to positive cash flow and profitability, with successful outcomes firstly in Indonesia and then the State and Federal shallow-shelf waters of the US Gulf Coast. As CEO of an ASX-listed company, Mr Brimage identified and led the company as an early mover into the "shale-boom" opportunities in the US, including a successful farm-in to a 60,000 acres concession within the Niobrara shale play in the states of Colorado and Wyoming in August 2009. He is now a non-Executive Director of ASX listed Lion Energy.
Frank Davies
CFO
Frank Davies has been a successful operator of various business over the previous 45 years, his forward vision of of the Economy has been a contributing factor of Frank's success. Highly efficient as a team leader and business developer, he has been involved with the commercial property sector for 30 years and is presently the owner of a major tourism company which operates throughout Australia. Frank is a highly motivated business achiever. He has a special ability to achieve the best from the worst situations through his immense work ethic. Frank has always been a standout weather with his sporting ability or his compassion as an everyday person in the general community.
