David SealockChief Executive Officer
David Sealock is a highly accomplished, results driven senior executive leader with over 26 years of strategic management and business/digital transformation leadership. He has a track record of building high-performing teams with a strong focus on setting corporate strategy, executing for results, leading teams, galvanizing relationships, connecting corporate activities and translating ideas into action. Before March of 2018, Mr. Sealock served as President of Autus Ventures, where he established equity financing processes for startup and intermediate oil and gas companies and managed strategic planning and portfolio optimization. Prior to that, he was Vice President of Research & Development at Petroleum Technology Alliance Canada (PTAC), a Canadian hydrocarbon industry association that serves as a neutral non-profit facilitator of collaborative R&D and technology development. There he managed the coordination and services to facilitate the implementation of specific methane related projects. Between 2014 and 2015, Mr. Sealock served as President and COO of Sulvaris. During his tenure at Sulvaris, he collaborated to deliver equity financing and JV financing to recommence project construction. From 2008 to 2014, Mr. Sealock was the EVP of Sunshine Oilsands, and was promoted to President & CEO (Interim) from 2013 to 2014, where he managed daily operations for engineering, construction, technology, operations, regulatory, human resources, investor relations, health, safety & environment, marketing, supply chain management, IT & systems, and corporate governance. From 2007-2008 he was VP of MegaWest Energy Corp. (now Gravis Energy) and from 2006-2007 he was Senior Manager of Total E&P (formerly Deer Creek Energy, Ltd.), where he was charged with leading a large scale business & digital transformation to integrate Deer Creek Energy's technology infrastructure into Total's enterprise-wide global infrastructure. Mr. Sealock holds a Bachelor's Degree, Business Management and is a Registered Engineering Technologist with ASET.
Dr. R. Gerald Bailey, P.E.Director & President
Dr. Bailey has over 50 years of experience in the international petroleum industry in all aspects, both upstream and downstream with specific Middle East skills and U.S. onshore/offshore sectors. Mr. Bailey is a current President and Director of Petroteq Energy, Inc as well as its former CEO, he also serves an advisor to Petroteq’s Petrobloq project. He is currently the Chairman of Bailey Petroleum, LLC, a consulting firm for major oil and gas exploration and development corporations. In addition, Bailey is Chief Operating Officer of Indoklanicsa, Nicaragua, Vice Chairman, Trinity Energy Group, Inc., former Chairman of American Impact Energy and former CEO of American Dakota Refinery, LLC. Dr. Bailey is retired from Exxon, lastly as President, Arabian Gulf. During his Exxon career, he also served as the Assistant General Manager, Administration & Commercial, Abu Dhabi Onshore Oil Company; Operations Manager, Qatar General Petroleum Corp., Dukhan Operations and the Operations Manager, Qatar General Petroleum Corp., Umm Said Operations. He was also the Operations Superintendent, Exxon Lago Oil, Aruba and has spent time in Libya as Operations Superintendent for Esso Standard, Libya, Brega, with experience in LNG and oil field production. His earlier career included service with Texaco where he gained skills in oil additives and petrochemicals manufacturing.
Dr. Bailey holds a BS Degree in Chemical Engineering from the University of Houston, an MS Degree in Chemical Engineering from the New Jersey Institute of Technology, Newark, New Jersey, a PhD Degree from Columbia Pacific University, San Rafael, CA and is a graduate of Engineering Doctoral Studies from Lamar University, Beaumont, TX. He has written many articles, papers and studies on the oil industry, and has been a keynote speaker of many international industry conferences including the Money Show conference with his address, “The Future of Oil & Gas Developments,” and FreedomFest Conference, “Investing In Oil,” and also has appeared recently on national Chinese television discussing the “World Energy Outlook.” He is a member of the Middle East Policy Council, Society of Petroleum Engineers and the American Institute of Chemical Engineers.
Vladimir Podlipskiy, PhDChief Technology Officer
Mr. Podlipskiy has extensive experiences as a researcher in many senior science disciplines, involved in oil extraction technologies, car care, household consumer and cosmetic products and research into mould remediation products, all with a focus on the utilization of benign solvents/solutions. Previously, he held research appointments in new product development for EMD Biosciences, Inc., (Merck KgaA, Darnstadt, Germany), and worked as Chief Chemist in Research & Development for Nanotech, Inc., Los Angeles, CA, and as Chief Chemist for Premier Chemical, Compton, CA. He is a former Premier Chemical Scientist at UCLA's Department of Chemistry. Mr. Podlipskiy owns patents for innovative fuel additives and car care products and has authored several papers involving fuel re-formulator products and mould remediation. He is currently involved in research and development of new petroleum industry products, systems and technologies.
Mr. Podlipskiy is the principal research scientist responsible for the development of Petroteq Energy Inc.'s technologies used in its various oil extraction programs in Utah, and has recently finalized all fabrication/assembly details for the company's first oil sands extraction plant to be installed at Asphalt Ridge, Utah. He has worked extensively with a variety of suppliers from the U.S. and Eastern Europe in the planning and design stages of the extraction unit's systems. He holds a PhD Degree in Bio-Organic Chemistry from the Institute of Bio-Organic Chemistry & Petroleum Chemistry, Kiev, Ukraine, and a Degree in MS-Organic Chemistry from the Department of Chemistry, Kiev State University, Kiev, Ukraine.
Donald Clark, Ph.D.Chief Geologist
Donald Clark will utilize his knowledge of geological resource assessments to assist Petroteq in its oil sands leases and future resource property acquisitions. He also provides counsel on reviewing hydrocarbon reserves and resource reports, feasibility studies and NI 43-101 reports. Dr. Clark develops financial models and analyzes commodity price fluctuations, as well as operational and transportation costs of oil and natural gas leases.
Dr. Clark has extensive experience in the geological sciences which includes teaching both graduate and undergraduate courses in geology; consulting; publishing and research. Dr. Clark has made many professional conference presentations to a wide variety of organizations including the Geological Society of America, the American Association of Petroleum Geologists and the Geological Society of London. He is recognized among his peers for authoring or co-authoring a variety of resource topics in many professional publications, including "Hydrocarbon Potential of the Mesozoic Carbonates of the Bahamas," and "Searching for Natural Gas in the Beekmantown Group Carbonates of Eastern New York State" Dr. Clark holds a Ph.D. in Earth and Environmental Science (City University of New York), a Master of Arts in Environmental Science (City University of New York College of Staten Island), and A Bachelor of Science in Geology (State University of New York at Brockport).
Dr. Clark is a member of the American Association of Petroleum Geologists (AAPG) and the Society for Sedimentary Geology (SEPM).
Mark KorbChief Financial Officer
With a high level of experience in taking start-up companies to the next level, Mark Korb has over 20 years experience with high growth companies. He serves as the CFO or Financial Consultant for several companies, including Caldera Pharmaceuticals, a drug discovery and services company. Other represented companies include Fluid Spirit Holdings, LLC, a brand development and events coordinating company; First South Africa Management Corp., a small cap private equity and financial consulting firm. Mr. Korb also serves as the financial consultant to Propel Technologies, an oil and gas services company.
From 2007 to 2009, he was the Group Chief Financial Officer and Director of Foodcorp, a multi-million dollar consumer goods company based in South Africa. He delivered operational and strategic leadership during a period of change including mergers, acquisitions and organic growth. As a Board Director, Mr. Korb cultivated relationships with shareholders, bond holders, financial institutions and auditors. He was also responsible for leading this group's IT strategies. From 2001 to 2007, Mr. Korb was the Group Chief Financial Officer of First Lifestyle, initially a public company trading on the Johannesburg Stock Exchange which was purchased by his management group. Mr. Korb eventually led to process of merging the two companies, whereby First Lifestyle was sold to Foodcorp.
Robbie GrossmanSecretary, McMillan, LLP, Toronto, ON, Canada
An experienced securities lawyer, Mr. Grossman joined McMillan, LLP, a Toronto, Ontario, Canada law firm in September, 2013, after having been with Garfinkle Biderman, LLP since 2004. He assists public/private companies, as well as the securities sector with Initial Public Offerings, M & A and deals with a wide range of securities matters. He is the Executive Director of the Larry Grossman Foundation For Kids. Mr. Grossman holds a LL.B Degree from the University of Windsor (ON) and a B.A. Degree (Political Science) from Concordia University (Montreal) and was called to the Ontario bar in 2002.