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Our board of directors is a "hands-on" board and each board member is closely and actively involved in the Company's management. Two of our current "non-executive" directors are expected to be moved into senior executive management roles within the Company or one of our new subsidiaries as each new project is realized.
Richard L. McAdoo
Chairman and Chief Executive Officer
Mr. McAdoo is a resident of Jakarta, Indonesia. He holds Bachelors and Masters degrees in Geology from Texas Tech University; and a Masters degree in Business Administration from Boston University. He is registered as a Certified Petroleum Geologist and has been actively involved in the international oil and gas exploration and production business for the last 40 years, the past 30 of which have been in Indonesia. He also has experience in resource evaluation and new project origination for generation of electrical power from geothermal energy, run-of-river hydropower, and stranded gas opportunities. Prior to joining Continental in 1998, Mr. McAdoo held a variety of technical and management positions for Mobil Oil Company, Phillips Petroleum Company, Jackson Exploration, Inc., Triton Energy Corporation, Tracer Petroleum Company, and others in many regions including the North Sea, Middle East, Africa, South America, FSU and Asia.
Phillip B. Garrison
Non-Executive Director, Acting CFO
Mr. Garrison is a resident of Dubai, United Arab Emirates. He is a graduate of the University of Oklahoma and holds an MBA from Southern Methodist University He is a CPA registered in Texas, a past President of the American Business Council in Dubai, and is a trustee of the American School of Dubai. He began his career with the public accounting firm of Arthur Young and Company (now Ernst & Young) before eventually becoming the Director of Tax in its Hong Kong office. In 1987 he joined Caltex in its Irving, Texas office before being posted to Caltex’s Dubai office in 1994 and served as Managing Director - Gulf Region responsible for all aspects of Caltex downstream and marketing activities in the Middle East. In 2001 he founded Downstream Developments Inc. in Dubai and consults on and develops ventures for transportation and logistics, oil and gas infrastructure projects, and petroleum product marketing. In addition to being a director of Continental, Mr. Garrison also serves as the company's Acting Chief Financial Officer.
Director & Managing Director of PT-KKC
Mr. Aulia is a resident of Jakarta, Indonesia. He is a graduate of the Bandung Institute of Technology and received his Master’s degree in petroleum geology, cum laude, from the Colorado School of Mines in 1982. He worked for PT Caltex Pacific Indonesia (Chevron-Texaco) from 1976 until 2004. There he held various technical and operating positions including Vice President Exploration and General Manager of Resources and Production for Caltex’s onshore Minas Field, the largest oilfield in Asia with a daily production of over 200,000 BPD. From 2002 until 2004 he served on Chevron's Worldwide Asset Management Committee and its Technology Council. From 2004 to 2007 he served as the General Manager for the Coastal Plains Pekanbaru PSC a local government owned oil and gas operating company with 27,000 BOPD oil production from the Riau Province, onshore Sumatra. Between 2007 and 2015, he served as Senior Vice President of Operations and Technology for Samudra Energy Ltd. an oil and gas exploration and production company based in Jakarta and Singapore. Under his leadership, Samudra Energy had a period of successful growth to become one of the top ten hydrocarbon producing companies in Indonesia. In addition to being a director of Continental, Mr. Aulia is also the managing director of Continental's operating subsidiary, PT Kilang Kaltim Continental, based in Jakarta.
Glenn S. Klein
Mr. Klein is a resident of North Saanich, BC, Canada. He is a career banker with over 44 years; experience and is an expert in international corporate debt restructuring and banking in emerging economies. He began his career and worked for 30 years (1966 - 1996) at the Royal Bank of Canada (RBC) in various roles at Canadian branches in Vancouver, Regina, and Montreal.
Mr. Klein rose to the position of Regional General Manager for RBC based in Dubai, with responsibility for RBC;s interests in the Middle East during the first Gulf War. During his tenure, the RBC Dubai office produced the highest financial results, return on capital and productivity for European units for five consecutive years.
Since leaving RBC, Mr. Klein has held several executive level banking roles including serving as the Executive Vice President and General Manager of Banco De La Paz based in Bolivia, and as Senior Vice President of Dubai based Emirates NBD, by assets the largest bank in the Middle East. At Emirates NBD he was responsible for the problem corporate debt portfolio. Under his management, the bank achieved significant recoveries in excess of USD 300 million over a 12-year period.