Enigma Oil & Gas

Enigma Oil & Gas Exploration (Pty) Limited was incorporated in Namibia in 2003. Enigma was acquired by Chariot in January 2008 and is the holder of the petroleum agreements and licences.

Directors:

Heindrich Ndume

Heindrich is a Namibian national with mining exploration experience throughout sub-Saharan Africa. Heindrich has played a unique role within the development of Namibia's mining and energy strategies, including acting as National Energy Council Secretary and World Energy Council Representative for the Namibian Ministry of Mines and Energy. Heindrich was one of the founding shareholders of Enigma.

Adonis Pouroulis

Adonis, one of the founders of Chariot and Enigma, is a mining entrepreneur whose expertise lies in the discovery and exploration of natural resources. Adonis is also Chairman of Petra Diamonds Ltd., a pan-African diamond mining company which he founded and listed on London's AIM market in 1997. Petra is now one of the largest independent diamond producers in Africa. He has been influential in the listing of a number of other companies onto AIM and has been instrumental in structuring and raising funds to help finance early stage exploration and mining projects across Africa.

Paul Welch

Paul has extensive oil and gas industry experience having worked for Shell International for twelve years, followed by a further nine years with independent companies, most recently with Hunt Oil and Pioneer Natural Resources. He held a wide variety of engineering, management and business development positions throughout Shell’s global operations across all of its core regions of exploration, development and production. At Hunt Oil, Mr Welch was the Chief Engineer and Commercial Manager for the Global New Business Development Team, evaluating exploration and production opportunities across its international asset portfolio. More recently he worked in Northern Africa with Pioneer, responsible for producing assets in Tunisia where he was instrumental in significantly increasing the production profile and overseeing new business development in Algeria, Libya, Morocco, Egypt and Iraq. Paul graduated from the Colorado School of Mines with both a Bachelor and Masters degrees in Petroleum Engineering and also holds an MBA in Finance from the Southern Methodist University in Dallas, Texas.

James Burgess

James set up Everett Financial Management Limited in 1992 and sold it in 2003. Since then, he has been involved in numerous fund raisings and admissions to trading on AIM of a number of companies in the energy and resource sectors operating largely in the African continent. Prior to Everett Financial Management Limited, James worked with Hoare Govett which is now part of ABN Amro. He is a non-executive director of a number of companies, including Chromex Mining plc which is listed on AIM.

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Share price

GBp 125.88

+0.09p (0.07%)

14:40 29/07/2010

Share price information >

Shares in issue: 144,330,245


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