Directors

Ian Munro

Chairman and Managing Director

Ian has over 30 years’ international experience in the oil and gas industry working in both technical and commercial roles for supermajors and independents. His most recent role, before joining Twinza in March 2020, was Executive Vice President Portfolio Management, Gas & Marketing at Oil Search. Ian spent 6½ years as a member of the executive team of Oil Search, leading joint venture management and the commercialisation of gas resources in PNG. His role covered commercial activities for LNG expansion within PNG, including the marketing of liquids and LNG. Ian led Oil Search’s entry into the Papua LNG Project and was instrumental in building capability in preparation for the equity marketing of LNG volumes from PNG.

Prior to joining Oil Search, Ian worked at Woodside Petroleum for 8 years from 2005 as the commercial lead up to the final investment decision of the Pluto LNG Project and as Vice President Commercial & Environment on the Browse LNG Project. He started his career as a geologist with Mobil in the UK, where various technical roles led to an 8 year commercial assignment in Norway from 1997. He worked multiple negotiations for new and producing assets in Norway with Mobil and subsequently ExxonMobil, until he moved to Australia.

Ian has a Master’s Degree in Petroleum Geology.


Bill Clough

Non-Executive Director

In 1984, Bill Clough joined his family’s engineering construction company, Clough Engineering Group as business development manager. Bill was appointed to the Clough Limited board as a non-executive director from 1994 until 2002. Clough Limited was listed on the ASX in 1998.

In Brazil, Bill founded Colomi Iron in 2003, in the state of Bahia, securing a dominant position in the area with a potential world class resource in excess of 5 billion tonnes of magnetite deposit. Also in Brazil, Bill founded and was the former Chairman of Mirabela Nickel, listed on the ASX and TSX and former CEO and founder of Serabi Gold plc listed on the AIM and TSX.

Bill holds a Bachelor of Geology Degree and a Bachelor of Commerce (Hons) Degree from the University of Western Australia.

Bill was founder of Twinza Oil Limited in 2004.


Ivor Orchard

Non-Executive Director

Ivor Orchard has over 30 years of energy and natural resources experience spanning private equity, investment banking and management in the oil and gas industry.

He is Co-Founder and current Executive Chairman of Kerogen Capital Ltd and was formally Co-Chairman of Ancora Capital, the manager of the team’s predecessor fund. Prior to this, Ivor spend 20 years in energy and natural resources investment banking principally at J.P. Morgan where he was Head of the Energy and Natural Resources Group in Asia Pacific; and previously as a director at CS First Boston in Australia and New Zealand. Ivor also spend 10 years with the Royal Dutch/Shell Group, where he served (among other positions) as Managing Director of the Shell Companies in Korea and Deputy Treasurer (Head of Corporate and Project Finance) of Shell UK Ltd.

Ivor holds a Master of Arts Degree in Economics and Law from Cambridge University in England and is a Barrister-at-Law of England and Wales.

Ivor is a member of the Boards of Cuadrilla, New Age and Twinza Oil Limited.


Julian Ball

Non-Executive Director

Julian Ball is the Head of the Investment and Portfolio Management Team of Kerogen Capital Ltd with responsibility for the investment and portfolio management functions.

He has more than 25 years of experience in private equity and investment banking. Prior to joining Kerogen, Julian was a senior member of J.P. Morgan Private Capital Asia, a principal investments team, where he was responsible for managing the fund’s operations and leading and monitoring investments. Previously he was a Managing Director of Ritchie Capital Management (Asia). Prior to this, he was at J.P. Morgan in Hong Kong, where he advised on M&A and capital raisings primarily in the energy and natural resources sector, and also headed the Financial Restructuring Advisory practice.

Julian holds a Bachelor of Arts Degree in Economics from the University of Exeter in the United Kingdom. He is a Fellow of the institute of Chartered Accountants of England and Wales where he holds a Diploma in Corporate Finance and a fellow of the Hong Kong Institute of Certified Public Accountants.

Julian is a member of the Boards of AJ Lucas and Twinza Oil Limited.


Stuart Brown

Non-executive Director

Stuart is a petroleum geologist with over 35 years’ experience at technical, managerial, executive and Board levels in international oil and gas companies, Woodside Petroleum and Shell.

From 2007 to 2012 Stuart held the position of Vice President Strategic Planning at Woodside responsible for the management of Woodside’s corporate strategic planning process and investment reviews. Stuart’s other roles included International Business Development Manager at Woodside and Regional Business Advisor at Shell International Exploration & Production. He has also held senior management and exploration positions at Shell in the UK, Africa, the Middle East and Australia.

Since 2012, Stuart has provided independent technical and strategic consultancy services to the oil and gas industry, Governments, investment banks, equity analysts and hedge funds.

Stuart has a First Class Honours Degree in Petroleum Geology from Sydney University, Sydney Australia.


Stephen Quantrill

Non-executive Director

Stephen Quantrill is Executive Chairman of McRae Investments Pty Ltd, the diversified investment holding company founded by Harold Clough in 1965. He is a professional engineer with over 20 years’ experience in multifaceted roles in business ownership, company chairmanship and directorship, and his experience as a business leader, shareholder and advisor has encompassed energy and natural resource companies, financial and engineering services, and the private equity arena. He currently acts as Chairman and Company Director of a range of businesses, including in private equity, real estate property, oil and gas, bio-technology, advisory and engineering.

Stephen is a Fellow of FINSIA, a Graduate member of the Australian Institute of Company Directors, and a member of Engineers Australia. He holds a Bachelor of Civil Engineering (Hons) Degree from the University of KwaZulu Natal, a Bachelor of Commerce from the University of South Africa and a Masters of Business Administration from the University of Cape Town, all awarded with first class honours.