ABOUT US

About Conrad Asia

Conrad Asia Energy is focused on natural gas in the shallow waters offshore Indonesia, and via its wholly owned subsidiaries, is the holder of several operated tenements in offshore Indonesia in the form of Production Sharing Contracts (PSCs). The Company specialises in the identification and acquisition of undervalued, overlooked, and/or technically misunderstood gas assets, and has developed expertise in maturing such assets through subsurface technical work, appraisal drilling and an innovative approach to low-cost field development.

Strategy and Components of Business Model

Conrad’s business model is to operate in shallow waters, offshore Indonesia with a specific focus on natural gas. The Company focuses on identifying and acquiring undervalued, overlooked, and/or technically misunderstood gas assets, and has developed expertise in maturing such assets through subsurface technical work, appraisal drilling and an innovative approach to low-cost field development.

  • Vision - to advance the cleaner energy transition in Indonesia and adjacent Southeast Asian markets.
  • Mission - to continue to grow as an independent gas development and production company in Southeast Asia through the supply of low carbon intensity, affordable energy in the form of natural gas.
  • Values - the Company’s core values are acting with honesty, integrity and in a manner that is consistent with the reasonable expectations of investors and the broader community, which includes being a good corporate citizen, by:
  • respecting the human rights of its employees;
  • creating a safe and non-discriminatory workplace;
  • dealing honestly and fairly with suppliers and customers;
  • acting responsibly towards the environment; and
  • only dealing with business partners who demonstrate similar ethical and responsible business practices.
  • These values underpin everything that Conrad does and are central to its Code of Conduct.

Delivery of Key Milestones

Conrad has demonstrated a strong track record of consistent delivery

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Board & Management

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Peter Botten

Non-Executive Chairman

  • Extensive worldwide experience in the oil and gas industry, having held various senior technical, managerial and board positions in a number of listed and government-owned bodies.
  • Previously the Chairman of AGL, Australia’s largest energy retailer, and former Managing Director of Oil Search Limited overseeing its development into a major ASX-listed company from 1994 until 2020.
  • Current directorships include: Director of Karoon Energy Limited (ASX: KAR) (commenced 1 October 2020), Non-Executive Director of Aurelia Minerals Limited (ASX: AMI) (commenced 13 September 2021), Council Member of the Australia PNG Business Council, Chairman of the Oil Search Foundation, the Hela Provincial Health Authority, and the National Football Stadium Trust in Papua New Guinea.
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Miltos Xynogalas

Founder, Managing Director & CEO

  • Geoscientist with over 30 years of upstream experience with at least half of it gained in Indonesia.
  • Prior to founding Conrad, Miltos worked for Shell International, Premier Oil and Transworld Oil in various roles ranging from technical and operational to supervisory and managerial.
  • The main focus of his career has been exploration and development projects and more recently business development, particularly in Indonesia.
  • Has been involved in major discoveries in South East and West Africa.
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David Johnson

Executive Director & COO

  • A Geoscientist and General Manager with 41 years E&P experience in international oil & gas & across the full spectrum of upstream activities: exploration, development, production, business development & decommissioning.
  • Has worked in Australia, the Asia-Pacific and the Middle East with BP, Shell, Woodside, Mubadala Petroleum & Ophir Energy/Medco Energi and a decommissioning consultancy, with his career focused on project appraisal, development and production.
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Paul Bernard

Non-Executive Director

  • Retired Goldman Sachs partner and private investor, and during his 19-year career at Goldman Sachs, he was a top-rated Asian energy & chemicals analyst as well as co-Director of Asia Pacific Investment Research.
  • CFA charter holder and member of the firm’s Asia Management Committee and its first Chairman of Diversity for Asia.
  • Since retiring from Goldman Sachs, he has been an early-stage investor in and advisor to a number of companies.
  • Current directorships include Biotech Acquisition Co (commenced 25 January 2021), Sandbox International Holdings Ltd (commenced 6 May 2021), Sandbox Edutainment Holdings Ltd (commenced 9 November 2018), Castle European (commenced 7 March 2016) and TTS Advisors Pte Ltd (commenced 1 August 2013).
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Jeremy Brest

Non-Executive Director

  • Founder and Managing director of Framework Capital Solutions, a Singapore boutique corporate finance advisory firm focused on structured private transactions.
  • Since founding Framework more than 15 years ago, Jeremy served as sole financial advisor on debt restructurings, private credit transactions, and M&A transactions around the world.
  • In addition to serving on the board of Conrad, Jeremy is a director of Pantheon Resources Plc, an AIM-listed company with 100% working interests in several oil projects on the Alaskan North Slope.
  • Prior to founding Framework, he worked at Goldman Sachs in New York, Hong Kong, and Tokyo, and led the Indonesian credit structuring team for Credit Suisse in the wake of the Asian financial crisis.
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Mario Traviati

Non-Executive Director

  • Nearly four decades of experience in working, analysing and investing in energy projects around the world.
  • Currently an Advisor to the Board - Corporate Development Pantheon Resources (London AIM listed company).
  • Previously, he was the Founding Partner and Vice President of Business Development for Great Bear Petroleum which operates oil and gas properties on the North Slope of Alaska.
  • The first Vice President – Head of Energy Research Asia-Pacific at Merrill Lynch Inc., where he supervised Merrill Lynch’s research efforts throughout 10 countries in the Asia-Pacific region covering the oil and gas; utilities; refining and marketing and petrochemicals sectors.
  • Prior to Merrill Lynch, he served as Director of Energy Research at HSBC Securities, and as a Senior Energy Analyst with ANZ Securities.
  • During his career in energy research, he began his oil and gas career working in exploration with Woodside Petroleum.
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Diego Fettweis

Chief Commercial Officer

  • Over 25 years international experience in the oil & gas industry
  • Started his career with ExxonMobil where he worked for 17 years in various technical and commercial positions in Europe, Central Asia and the Middle East
  • Prior to joining Conrad, Diego was Executive Vice President Commercial & Marketing at Oil Search
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Sally Ting

General Counsel

  • 25 years experience in legal, advisory and roles business development in Australia and S.E. Asia.
  • Over a decade with law firms such as King & Wood Mallesons, Milbank Tweet Hadley & McCloy.
  • 15 years in-house experience in SE Asian focused oil and gas companies such as Salamader Energy and KrisEnergy.