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Management
| Robert Friedland Executive Co-Chairman & Chief Executive Officer A co-founder of Ivanhoe Energy and Chairman of Sunwing Holding Corporation, the parent company of Ivanhoe Energy's operating subsidiary in China and Southeast Asia. Robert Friedland is an international financier who has been associated with international resource and technology ventures for 25 years. Mr. Friedland is in the vanguard of North American natural-resource sector leaders who have pioneered business links in Greater China and the Asia Pacific region during the past 20 years. He is Chairman of Ivanhoe Capital Corporation, his family's private company that specializes in venture capital and project financing from bases in Singapore and Beijing. With his leadership, Ivanhoe executives and affiliated benefiting companies have raised several billion dollars on international capital markets since 1993. As the founder and Executive Chairman of Ivanhoe Mines — a Canadian public company whose shares trade on the New York, NASDAQ and Toronto exchanges — Mr. Friedland has directed the assembly by Ivanhoe Mines of a portfolio of interests in several countries during the past 12 years. Ivanhoe's core asset is the 12-kilometre-long (7.5-mile) chain of copper-gold deposits discovered at Oyu Tolgoi in southern Mongolia. Oyu Tolgoi, within 80 kilometres of the Mongolia-China border, is the world's largest and highest-grade copper-gold mine development project. Mr. Friedland was named the "2006 Mining Person of the Year" by Canada's Northern Miner, a leading industry publication, for his coup in gaining global mining leader Rio Tinto as a partner for Ivanhoe Mines in Mongolia. The Northern Miner said the partnership was "a defining moment in one of the world's biggest mineral-development success stories of the past decade." It described Mr. Friedland as "a dynamic force for a quarter-century in the minerals industry through a host of private and public-company vehicles." As Co-Chairman and controlling shareholder of Ivanhoe Nickel & Platinum Ltd. (Ivanplats), Mr. Friedland is closely involved with several mining projects in Africa, including a copper-cobalt discovery in the Democratic Republic of Congo and the development of a significant nickel-platinum-copper deposit on South Africa's Bushveld Complex. In 1996, he was named Developer of the Year by the Prospectors' and Developers' Association of Canada for his work in establishing and financing companies engaged in mineral exploration and development around the world. Mr. Friedland guided the development and sale of Diamond Fields Resources' nickel discovery at Voisey's Bay in Newfoundland, Canada, to INCO Ltd. for CDN$4.3 billion in 1996 (Inco's Voisey's Bay mine began production in September, 2005). He also led the discovery and sale of Fairbanks Gold's Fort Knox deposit in Alaska to Amax Gold for US$152 million in 1992 (Fort Knox, now owned by Kinross Gold, has produced approximately four million ounces of gold since 1996). | |
| David Dyck President & Chief Operating Officer Mr. David Dyck was recently appointed President and Chief Operating Officer of Ivanhoe Energy Inc. to lead the company as it advances its exploration and development projects in Canada, Ecuador, and Asia, progresses the commercialization of our HTL upgrading process, and pursues other business development opportunities worldwide. He joined the company in October 2009, as President and Chief Executive Officer of Ivanhoe Energy Canada to spearhead the Tamarack Project and other heavy oil growth initiatives in Western Canada. Prior to joining Ivanhoe Energy, Mr. Dyck was CEO of LeaRidge Capital, where he provided financial advisory services to numerous companies in the energy and service sectors, guiding the successful completion of a series of financing transactions and restructurings totaling $1.1 billion. From 2000 to 2007, Mr. Dyck was Senior Vice President Finance and Chief Financial Officer with Western Oil Sands a Calgary-based heavy oil producer. David led a series of debt and equity financings for Western totaling $3.5 billion and led the team that concluded the sale of the company to Marathon Oil Corporation through a $7.1 billion plan of arrangement. Mr. Dyck brings to Ivanhoe Energy over 25 years of broad experience in the oil and gas sector in management, finance and business development, with specific experience in heavy oil and management of large projects. | |
| Gerald Schiefelbein Chief Financial Officer Mr. Schiefelbein was appointed Chief Financial Officer of Ivanhoe Energy Inc. in November 2009. He brings 23 years of finance experience in the international oil and gas industry, having worked in North America, Europe and the Middle East with the BP Group and Amoco. Immediately prior to joining Ivanhoe Energy, Mr. Schiefelbein was Chief Financial Officer with Chicago-based BP Integrated Supply & Trading, where he led the finance department for BP's crude and oil-products supply and trading operations in the Americas. He has substantial finance and control experience throughout the exploration and production value chain, including exploration bidding, production operations, gas plants, pipelines and supply and trading operations. In addition, he is highly experienced with merging companies and operations. He received an undergraduate degree in business from the University of Wisconsin at Madison and his Masters in Management from the Kellogg Graduate School of Management at Northwestern University, in Illinois. | |
| Ian Barnett Executive Vice President, Corporate Development Mr. Ian Barnett has over 25 years of experience in investment banking, private equity, venture finance, and growth company development. He was an early investor in, and a Director of, Ensyn Group, the company that developed the HTL technology, and remains on the Board of Ensyn Corporation, the successor company to Ensyn Group. He is also on the Board of various entities involved with venture capital and leveraged buy-outs, including Heptagon Investments Limited, a private investment company he co-founded and which focuses on development stage technology companies. Mr. Barnett has held positions with UBS in London, England and The Toronto-Dominion Bank in Latin America. Mr. Barnett has a BComm. degree from Queen's University, Kingston, Ontario, and an MBA from INSEAD, France. | |
| Michael Silverman Executive Vice President & Chief Technology Officer Dr. Mike Silverman joined Ivanhoe in 2007 from Kellogg, Brown and Root (KBR) and is responsible for all technical aspects of Ivanhoe Energy's proprietary heavy oil upgrading process (HTL). This includes interfacing with leading engineering firms in the design of commercial HTL installations, technology development and intellectual property management. Dr. Silverman has almost 30 years of experience in technology development and management, including the commercialization and marketing of new technologies, and is a leading expert in the fluid catalytic cracking (FCC) processes. His roles at KBR included Vice President of Petrochemicals, where he was responsible for all aspects of the petrochemicals technology portfolio, and Director of KBR's Technology Centre in Houston, a state-of-the-art facility hosting pilot plants that support all of KBR's refining and petrochemical technology development. Prior to joining KBR, Dr. Silverman was the Manager of Technology Development for Stone & Webster, Inc. where he managed all aspects of technology development in the refining business, including FCC's and several heavy oil upgrading technologies. Earlier experience included the management of fluid catalytic cracking for Tenneco Oil Company, and an assistant professorship in Chemistry at Rutgers University. He has a BA degree in Chemistry from Northwestern University and a Ph.D. in Chemistry from Brown University. | |
| Ed Veith Executive Vice President, Upstream Mr. Ed Veith has over 25 years of experience in the oil industry with a focus on heavy oil recovery techniques. Mr. Veith joined Ivanhoe Energy in 2001 from Aera Energy, a California joint venture of Shell and ExxonMobil, where he had responsibility for heavy oil development and operations in the giant Belridge and Cymric heavy oil fields in California. Ed managed thermal horizontal and vertical well development projects using state of the art reservoir management techniques and utilized advanced 3-D reservoir visualization methods to integrate complex data sets. He planned new project expansions and investigated new development scenarios using reservoir simulation and advanced economic modeling. Ed previously worked with Insight Energy, LLC, Bechtel and Williams Brothers. As President of Insight Energy, LLC, Mr. Veith evaluated major oil fields for acquisition and joint ventures. Mr. Veith has a BSc degree in Petroleum Engineering from the University of Oklahoma, a MS in Petroleum Engineering from the University of Southern California and a Professional Engineers license in the state of California. | |
| Patrick Chua Executive Vice President Mr. Patrick Chua has been Co-Chairman, Sunwing Energy Ltd. since 1995 and Executive Vice President of Ivanhoe Energy Inc. since 2000. Mr. Chua spent the early years of his career evaluating oil and gas assets and conducting economic analysis. Since 1992, he has shifted his career focus to China. Under his leadership, Sunwing Energy, a wholly-owned subsidiary of Ivanhoe Energy, signed three production-sharing contracts with the Chinese government to develop proven oil and gas reserves in China. Mr. Chua has been a member of CIM (Canadian Institute of Mining, Metallurgy and Petroleum) since 1975 and is the recipient of the Petroleum Society Fellowship Award in both 1980-81 and 1981-82. He served in many executive positions with the Petroleum Society of Canada and was the Chairman of the Calgary Section in 1992-93. He has been a member of the Chinese People's Political Consultative Conference (CPPCC) of Beijing Chaoyang District since December 2006. Mr. Chua holds a B.Sc. in petroleum engineering from the University of Alberta and commenced his career in the petroleum industry in Canada in 1976. | |
| Gerald Moench Executive Vice President Gerald Moench is President and Director of Sunwing Energy Ltd., Ivanhoe Energy's China-focused subsidiary. Mr. Gerald Moench has over 40 years of operating and management experience, 28 of which have been focused in Southeast Asia and China, and most recently over 14 years directly in China. He has been involved in the development of Sunwing Energy Ltd. since 1996 and has overall responsibility for the operating functions of Sunwing including production-sharing contract negotiation, contract execution and government and corporate issues. He has held various senior management positions with Canadian and overseas companies specializing in drilling, production, and completion operations and has been involved in operations in Australia, Indonesia, and China. Mr. Moench has a Diploma in Petroleum Technology, Southern Alberta Institute of Technology, Calgary, Alberta, Canada. | |
| David Martin Chairman, President & Chief Executive Officer, Ivanhoe Energy Latin America Inc. Ivanhoe Energy Latin America Inc. is the parent company of Ivanhoe Energy's Latin America Corporate Group. Mr. David Martin has more than 50 years of combined experience in negotiating and executing major oil and gas projects in Latin America, primarily during his careers with Occidental Petroleum. This includes the 1.2-billion-barrel Cano Limon field in Colombia, with the associated 500-kilometre pipeline across the Andes, the 30,000-barrel per day Alturitas field in Venezuela, and various projects in Ecuador and Peru. In addition, Mr. Martin has extensive experience in the Middle East and North Africa, including the 100,000-barrel per day Idd El Shargi North dome in Qatar, the giant 2.4-billion-barrel Intisar and Augila Nafoora fields in Libya, and the 200,000-barrel per day Masila field in Yemen. Part of the founding team at Occidental Petroleum, Mr. Martin was President & CEO of Occidental Oil & Gas Corporation from 1986 to 1996. He also was former Executive Vice-President and a director of Occidental Petroleum Corporation, and a Director of Canadian Occidental Petroleum. |
