Board Of Directors
STEPHEN MASON B. COMM
Executive Chairman of the Board, Director: Calgary, Canada
Mr. Mason has raised over US$500 million in capital funding for projects in South Korea, Kenya, Tanzania and Mozambique . He is currently the Chairman of Tonare Energy, LLC, a Canadian based oil producer. Tonare has a vast land position in both Saskatchewan and Alberta and is currently developing numerous conventional & heavy oil projects. Prior to Tonare, he was founder, of the Artumas Group a publicly traded Tanzanian based E&P company with over 150 employees.
Artumas was one of the earliest entrants into the East African basins and proved up reserves in excess of 125 million BOE which was the largest natural gas discovery in recent years. He secured over 25,000 sq. km. of oil and gas concessions in the highly potential deltaic basin of Tanzania and Mozambique. Mr Mason conceptualized, negotiated and developed a fully integrated energy project in Tanzania, including the first private power generation and transmission franchise, as a means to commercialize the gas discovery and committed in excess of US$400 million of capital on the Artumas Group’s investments in East Africa.
Artumas was one of the earliest entrants into the East African basins and proved up reserves in excess of 125 million BOE which was the largest natural gas discovery in recent years. He secured over 25,000 sq. km. of oil and gas concessions in the highly potential deltaic basin of Tanzania and Mozambique. Mr Mason conceptualized, negotiated and developed a fully integrated energy project in Tanzania, including the first private power generation and transmission franchise, as a means to commercialize the gas discovery and committed in excess of US$400 million of capital on the Artumas Group’s investments in East Africa.
DR. AKO UFODIKE PHD, FCPA, FCGA, FCCA, CPA (OR, USA), CFE, ICD.D
Director
KAINJI RESOURCES LTD.(NIGERIA)
Ako is a finance executive whose over twenty years professional career spans Investment Banking, Oil and Gas, Information Technology, Utilities, Consumer Packaged Goods and Telecoms with leading Canadian organizations such as Bell Canada, Ontario Power and Molson. His solid high-level investment banking experience covers transactions across West Africa. Previously he was co-founder and CFO of Jaguar Wireless and served on the board of a publicly quoted mining company focussed on the exploration and development of deposits of Uranium and Gold in East Africa.
Ako earned his PHD in management from the University of Calgary. He is a Cornell MBA graduate, a Fellow of the Chartered Professional Accountants (FCPA) and Certified Professional Accountant (CPA US). He is also a Certified Chartered Accountant (FCCA UK) and a certified fraud examiner (CFE). He is active in the community and has serves on the Community Council of the Scouts as Treasurer. He has served on the Boards of other charities including the Canadian Black Business Professional and the Region of Peel Literacy Guild in Ontario.
KAINJI RESOURCES LTD.(NIGERIA)
Ako is a finance executive whose over twenty years professional career spans Investment Banking, Oil and Gas, Information Technology, Utilities, Consumer Packaged Goods and Telecoms with leading Canadian organizations such as Bell Canada, Ontario Power and Molson. His solid high-level investment banking experience covers transactions across West Africa. Previously he was co-founder and CFO of Jaguar Wireless and served on the board of a publicly quoted mining company focussed on the exploration and development of deposits of Uranium and Gold in East Africa.
Ako earned his PHD in management from the University of Calgary. He is a Cornell MBA graduate, a Fellow of the Chartered Professional Accountants (FCPA) and Certified Professional Accountant (CPA US). He is also a Certified Chartered Accountant (FCCA UK) and a certified fraud examiner (CFE). He is active in the community and has serves on the Community Council of the Scouts as Treasurer. He has served on the Boards of other charities including the Canadian Black Business Professional and the Region of Peel Literacy Guild in Ontario.
IKEM OKAFOR B.ENG
Director
KAINJI RESOURCES LTD.(NIGERIA)
Mr. Okafor is the founder of ORION Energy Services Limited in Nigeria and Chairman of Technoflex Company Limited, a Nigerian flexible plastic packaging company. As an oilfield services executive whose professional career spans several continents, Mr. Okafor brings expertise of Nigerian and the international oil and gas industry
after his more than 16 years in Schlumberger.
Currently Ikem is involved in offshore/onshore Full Field Development Studies, Enhanced Oil Recovery projects for well Intervention and Remediation as well Project execution Management with Independents and IOC’s.
RAED ALMASRI B.ENG, MBA
Director
KAINJI RESOURCES LTD.(NIGERIA)
A seasoned entrepreneur & executive, Mr. Almasri was most recently the Founder, President and CEO of SkySurf, Canada’s exclusive licensed national carrier of voice & data telecom services for Canada’s commercial and private airlines. Before that Raed founded and operated a number of multi-million dollar companies, most notably, Jaguar Wireless, a qualified bidder in Canada national wireless spectrum in 2008 who's last bid was $213m for spectrum. From his extensive career with international telecom corporations Raed brings experience in strategic planning, business development, risk management and sales and marketing. Mr. Almasri holds a B. Eng from Carleton University and an MBA from the Johnson School at Cornell University.
