I agree with you, I don’t think that Dr. Bailey would like to damage his reputation with Black Dragon, but he must have seen a good potential to make it grow under his wings. Look ahead, not back, he has a lot of pull in the oil market, probably an effort to bring BDGR into the Middle East, JMHO. Just Google his name, no shame here..
He holds BS, MS, and PhD degrees.
Policy Expert for the Middle East Policy Council
Retired as President, Exxon, Arabian Gulf region. Operations experience in Texas Gulf coast, Aruba, Libya, Qatar, and Abu Dhabi.
Chairman, Bailey Petroleum, Houston
Chairman and CEO, Texas Southern Oil and Gas LLC, Houston
Partner, BCM Energy Investments, New York
Noted conference and paper contributions:
GTL conference by IBC, Chairman, Houston, October 2003
"GTL and Gas Use in Arabian Gulf", IBC conference, Houston, October 2001
"Gas to Liquid and Gas Use in the Arabian Gulf", SMi conference, London, Sept.2000.
"US Oil Companies Involvement in Libya", IBC conference, Nice, October 2000
Author of the HELP Theory of Management, published in Hydrocarbon Processing, October, 1991
Affiliations with LaMesa Group, Rimkus Consulting, Standard and Poor's Vista Research, Haward Technology.