Experienced Management & Director Team
Frank C. Ingriselli
Chairman
42 years of international energy industry experience as leader and entrepreneur.
President of Indonesia Energy Corporation (NYSE: INDO).
Former founder, Chairman, and CEO of PEDEVCO Corp. (NYSE: PED) and Pacific Asia Petroleum, Inc.
23 years at Texaco, Inc. in senior executive positions responsible for over $1 billion of investments.
Board member of NXT Energy Solutions Inc. (TSX:SFD) and the Eurasia Foundation.
Education: B.S. in business administration from Boston University, M.B.A. from New York University and J.D. from Fordham University School of Law.
Michael L. Peterson
CEO & Director
38 years of experience building growth companies
Took first company public at age 27, raising $100 million
11 years at Goldman Sachs & Co. managing a $7 billion asset portfolio
First Vice President at Merrill Lynch
Managing Partner of a small-cap, early-stage focused Hedge Fund
CFO and later CEO of PEDEVCO Corp. (NYSE American: PED) for over 7 years, engaged primarily in oil and natural gas shale plays in the United States.
Has served as CEO, Chairman, or lead director of 5 listed energy companies,
Education: M.B.A. from Brigham Young University’s Marriott School of Management, Bachelor’s degree in statistics/computer science from Brigham Young University.
Greg Overholtzer
CFO
Chief Financial Officer of Trio Petroleum Oil (NYSE AMERICAN: TPET).
Part-time Chief Financial Officer Indonesia Energy Corp. (NYSE AMERICAN: INDO).
Consulting Director of Ravix Consulting Group.
Served as a Field Consultant in accounting at Resources Global Professionals.
Served as Chief Financial Officer, Chief Accounting Officer and Controller of Pacific Energy Development (NYSE AMERICAN: PED).
Education: MBA in Finance and BA in Zoology from University of California, Berkley,
Cynthia L.Welch
Director Nominee
Ms. Welch is a licensed Professional Geoscientist in Texas with over 20 years of experience in various depositional environments and basins.
She has expertise in reservoir characterization, petrophysics, sequence stratigraphy, and project management.
Ms. Welch is the co-founder of Cirrus Oil & Gas, Tier 1 Resource Partners III, and Tier 1 Resource Partners II, all of which are oil and gas companies focused on non-operated asset-level investments.
She was previously Geoscience Manager at South Texas Reservoir Alliance and Senior Geologist at Citation Oil & Gas.
Ms. Welch received her Bachelor of Science and Master’s Degrees in Geophysics from Texas Tech University and is a member of the American Association of Petroleum Geologists.
She was honored as one of Oil & Gas Investor Magazine’s 25 Influential Women in Energy in 2019.
Her extensive experience and geology background are expected to be valuable to the Board of Directors.
Andrew J. Secrist
Director Nominee
Mr. Secrist is currently the Managing Partner/Portfolio Manager with Firstlight Management, LP, a long/short equity hedge fund, and an adjunct professor of finance at the University of Utah.
He was previously a Senior Analyst at Hawk Ridge Capital Management, where he managed a long/short equity strategy with $2 billion in capital.
Mr. Secrist also served as the Managing Partner/Portfolio Manager of Sparrow Fund Management, a long/short equity hedge fund.
He has experience as an Analyst and Portfolio Manager at Tiger Management, a hedge fund, and as an Associate with Leonard Green & Partners, a private equity firm.
Mr. Secrist received a Bachelor of Arts in Business Economics from UCLA, a Master of Science degree in Financial Economics from Oxford University, and an MBA from Stanford Graduate School of Business.
The Board of Directors believes that his extensive business, economic, and investment management experience makes him a highly qualified candidate for the Board of Directors.
Jeffrey Holt
Director Nominee
Mr. Holt is a retired investment banker, having spent 40 years with several Wall Street firms including Goldman Sachs, Morgan Stanley and the Bank of Montreal.
He focused the last thirty years of his career on the Port and Goods Movement sector, advising dozens of buy and sell-side clients on container port assets and short line railroads
Most recently, Mr. Holt represented Rio Tinto Alcan on their sale of waterfront land in Kitimat, BC to Royal Dutch Shell for their new LNG export facility.
His banking successes include financings for Disney’s California Adventure, the Seismic Retrofit for the Golden Gate Bridge, the new span of the Tacoma Narrows bridge, the expansion of the Rose Bowl, and expansions of over a dozen of the largest Container Ports in North America.
Mr. Holt spent seven years as the Chairman of the Utah Transportation Commission and for six of those years sat on the Executive Committee of the Transportation Research Board of the National Academies of Science, Engineering and Medicine.
Mr. Holt is a graduate of the University of Utah, and is licensed with the NYSE; Series 7, 63 and 79.











