Our People

Non-Executive

Nick Butler

Nick is the founding Chairman of the Policy Institute at King's College London, which links academic work to policy-makers in the UK and across Europe. Since May 2010, he has held the post of Visiting Professor at King's College London and is currently the external adviser and reviewer of the World Energy Outlook - the flagship publication of the International Energy Agency. In addition, Nick is a member of the Strategic Advisory Council of Statoil, the Norwegian state controlled energy company and serves on the Advisory Council Centre for Ecology and Hydrology - an independent agency wholly owned by the UK Government. Between 2009 and 2010, Nick was Senior Policy Adviser to Gordon Brown, then UK Prime Minister, specialising in business policy and the stabilisation of the UK economy after the 2008 financial crash. Between 2007 and 2009, Nick served as Chairman of the Cambridge Centre for Energy Studies based at the Judge Business School, University of Cambridge.

Prior to his economic consultancy work, Nick held several senior positions at BP plc (BP.L) including Group Vice-President for Strategy and Policy Development, advising the Chief Executive and the Executive Committee on climate change, mergers and acquisitions, organisational change and major new ventures; Group Policy Adviser to the Chief Executive on all aspects of policy; Head of External Affairs, responsible for the company's links with stakeholders, including NGOs, the financial community, investors, the media and Government; and Head of Investor Relations for upstream exploration and production.

Sarah Cope

Sarah has over 20 years' experience as an investment banker in London, advising small and mid-sized companies at Board level on corporate governance, growth strategy, acquisitions and disposals, capital markets and regulatory compliance. Over the last ten years, she has specialised in the oil and gas sector, assisting listed oil and gas companies to raise finance for their exploration, development and production projects around the world. Her most recent role was with Cantor Fitzgerald Europe, the global investment bank and brokerage business, where she was until very recently Managing Director and Co-Head of Energy. Prior to this, Sarah was Head of Oil & Gas at RFC Ambrian and at finnCap. She has also been Director of Equity Capital Markets at RBC Capital Markets and Director of Corporate Finance at Seymour Pierce.

Brian Moritz

Brian is a former Senior Partner of Grant Thornton, London. He formed Grant Thornton's Capital Markets team which floated over 100 companies on AIM during his chairmanship. Since retiring from Grant Thornton in 2004, he has concentrated on assisting new companies with accessing the capital markets, especially those in the mining and resources sector. He is a Fellow of the Institute of Chartered Accountants in England and Wales.

Our Strategy

AAOG aims to increase output from the existing wells in the Tilapia Field by undertaking two workovers on the existing producing well and by a drilling programme into deeper geological features, the Mengo and Djeno Sands, which Tilapia shares with surrounding fields.

The Directors intend to distribute free cash to shareholders through regular dividends, once production reaches a sustained level of 1,000 bopd and provided that oil prices are not less than USD 30/barrel.

It is AAOG's intention to conduct its activities in a professional and responsible manner for the benefit of its shareholders, its employees, and the national and local communities where it operates.

back to top