Led by a strong, experienced management team with complementary skill sets, JPK’s goal is to become a leading, UK-based, oil and gas exploration and production company operating internationally. Initially, the Company intends to focus on extracting the potential value of the reserves of a heavy oil field in Colombia. The Company will mainly target production opportunities with exploration upside, heavy and/or light oil.
The Company’s new Board has a successful track record of developing assets and businesses in the oil and gas sector. JPK is currently exploring opportunities to acquire the rights to develop several oilfields under long-term license agreements.
In addition, they already have more than 5 years of experience in operating successful and profitable fields in Colombia.
Board of Directors
John has enjoyed an extensive career in the oil and gas industry, where he has a record of creating shareholder value. He co-founded the J P Kenny group of companies, which traded internationally in oil and gas engineering, sub-sea survey and inspection, and shipping. He was a founder and director of JKX Oil & Gas plc, an LSE listed company with assets in Ukraine, Russia and Hungary. He was also non-executive chairman of Ascent Resources plc, an AIM listed company with assets in Hungary, Poland, and Slovenia. He holds a degree in Chemical Engineering from University College London, and was elected as an Honorary Fellow of the College.
Tracey Peverell Tracey is an Australian and UK qualified lawyer, holding practicing certificates in both jurisdictions. She has over 20 years extensive experience in corporate finance and M&A transactions, and has advised exchange listed and multinational corporations on a range of commercial matters.
Jon Wiggen had his exam. as a State Authorized Public Accountant in Norway in 1976.During the period 1976 to 2006, his main occupancy was as an auditor, two periods as partner with the Norwegian affiliate of Deloitte (Deloitte &Touche at the time). Before joining Deloitte &Touche he was partner with Grimsrud & Wiggen, and from 1993 till 2006 he was partner, co- founder and CEO of Kjelstrup,Wiggen&Co, an audit firm much involved in litigation, insolvency and assistance in various kinds of economic lawsuits, partly as expert judge, and partly as consultant on both sides in such cases.
He has also been working much as a valuation expert and in M&A business. For two periods, both times by recruitment from close audit clients, he has been working as CFO, a two and a half years period for a large Norwegian conglomerate in real estate, industry, retail and exclusive cruise business (Made in AS/Seabourne Cruise Line AS), and for a two year period (2006-2008) he was CFO in Interoil E&P ASA, a listed Norwegian oil company with its business mainly in South America.
From 2008 he has been working partly as a consultant through his private company Wiggen Consult AS, partly as expert judge and member of several control committees, and partly as investor.