Ivan Webb

Ivan Webb

Founder & President

Ivan Webb

 

Results-driven Manager with global and multi-faceted Oil and Gas experience. Exceptional ability to work efficiently under high pressure.  Multi-tasking, multi-functional leader offering years of leadership experience with proven success.   A self-starting, change initiator exceedingly motivated by and welcoming of fresh ideas.   Empower organizations to live by their mission, vision and values to achieve their highest potential.

 

 

Areas of Experience

Management

·      Management services for both public and private companies. 

·      Startups from incorporation through private and/or public funding programs in the capacity as an officer and director.

·      Project leader on international exploration projects for oil & gas, gold, bauxite, diamond and nickel & copper. 

·      Held meetings with dignitaries and government officials in Australia, New Zealand, Argentina, Guyana, India and Canada negotiating exploration terms and conditions for obtaining exploration concessions.

 

Due Diligence, Analysis & Evaluation

·      Responsible for due diligence on oil and gas projects both producing and non-producing.

·      Conducted economic forecast evaluations on existing production, re-working, re-completion and new drilling projects. 

 

Correspondence & Report Writing

·      Communicate with investors and shareholders of public companies. 

·      Prepare annual reports, shareholder letters, news releases for public companies.

·      Prepare geological reports, joint venture programs, private placement memorandums for both public and private companies.

 

Regulatory Compliance – RRC

·      Knowledge of documents required to be filed with the Railroad Commission of Texas (“RRC”) for oil & gas operators. 

 

Regulatory Compliance – SEC

·      Knowledge of documents required to be filed with the SEC for compliance meeting the full Reporting Act of 1934 including but not limited to corporate Forms 10K, 10Q, 8K and individual Forms 3, 4 and 13D. 

·      Assisted several public companies in preparing their filings for the SEC since 1972.

 

Stock Exchange Listings

·       Prepare the necessary disclosure documents and obtained approval for listing stocks for trading on Nasdaq Small Cap, OTC QB (Bulletin Board), Montreal Stock Exchange, Venture Exchange and the Canadian Stock Exchange.

 

Oil & Gas Operations

·       From 1968 – 1991 was instrumental in leasing oil & gas concessions in Australia, Guyana and Turkey.

·       From 1992 through 2017 participated in the drilling of 25 wells of which 20 were completed as producing wells in the Central Texas in addition to reworking and/or re-completing existing wells in Central Texas.

·       Experience working with geologists & petroleum engineers evaluating and analyzing oil and gas prospects/projects in addition to field supervision of completion crews, roustabout crews etc.

PROFESIONAL EXPERIENCE

 

Northern Minerals & Exploration Ltd. (formerly Punchline Resources Ltd.).   2013 - Present

Vice-President

·      Currently managing Northern Minerals & Exploration Ltd, a public company, as its Vice President and major shareholder.

 

HRW Drilling Company LLC.                                                             

2007 – 2011

Owner

·      Drilled 23 wells for third parties and drilled 7 wells for our own behalf.  Five of the seven wells were completed as producers for our own behalf. 

 

Self Employed                                                                                              

1992 – Present

·       Engaged to seek oil and gas concessions in Guyana because of a 411 BOPD Karanambo oil discovery by Home Oil Company - 1982.

·       Consultant with a geological team negotiating with the Government of Guyana for gold concessions for a Canadian private company. – 1988 – 1990

·       Promoted oil and gas drilling programs in Eastland, Callahan, Coleman and Comanche counties.  

·       From 1992 through 2010 participated in the drilling of 25 wells of which 20 were completed as producing wells in the State of Texas.

·       Work with geologists & petroleum engineers evaluating and analyzing oil and gas prospects/projects in addition to field supervision of completion crews, roustabout crews etc.

·       Argentina announced plans to privatize their oil production.  Engaged as a consultant to make an investigative trip to obtain the bid packages for the production being sold by the government. - 1991

·       Take-Over – Continental Resources Ltd.  Obtained listing on the Montreal Stock Exchange - 1996

·       Worked as a consultant for Australian-Canadian Oil Royalties Ltd. now named Chelsea Oil & Gas Ltd. out of Calgary, Canada. – 1999 - 2013 

·       Project leader for exploration project in Newfoundland for nickel and cooper.  Outlined aerial geophysical surveys and mapping of anomalies for drill targets. 2006 – 2010

·       Provided management services and acted as project leader on international exploration projects for oil & gas, gold, bauxite, diamond and nickel & copper.

·       Successfully negotiated a mineral concession covering a large bauxite deposit.  Held meetings with ALCOA, BHP, RUSAL, ESSAR, Pallinghurst Resources and VISA International Ltd. - 1996 - 2010

·       Finalized a joint venture agreement with VISA International Ltd. in 2004.

·       Instrumental or engaged as a consultant to facilitate the following Mergers, Acquisitions, Reverse Mergers and

 

       Take-Overs: 

o   Reverse Merger – Tache’ Resources Ltd. – Listed on the Toronto Stock Exchange then merged with an oil company and later moved its listing to the London Exchange. – 1992

o   Reverse Merger – Signature Motorcars, Inc. with International Royalty & Oil Co. – 1995

o   Take-Over– Golden Triangle Royalty & Oil Inc. – Changed to Golden Triangle Industries, Inc.  Listed on Nasdaq - 1996

o   Reverse Merger – Kit Karson Corporation with Ness Energy International Inc. Listed on OTC Bulletin Board – 1998

o   Reverse Merger – Black Giant Oil Company became BroadBand Wireless International Listed on OTC Bulletin Board. - 1999

o   Reverse Merger – Golden Triangle Industries Inc. with White Mark Homes Inc. – 2000

o   Merger/Acquisition – Local Telecom Systems Inc. with Signature Motorcars Inc. Listed on OTC Bulletin Board. - 2002

o   Merger/Acquisition – Balaton Power Inc. – Continental Resources (USA) Inc. Listed on OTC Bulletin Board – 2002

o   Listed – (September) Perial Ltd. on the CNQ Exchange – New Exchange in Canada now named Canadian Stock Exchange (“CSE”) – 2003

 

·       Continued - Instrumental or engaged as a consultant to facilitate the following Mergers, Acquisitions, Reverse Mergers and Take-Overs:

o   Listed – (October) Titan Employment Services Ltd. on the CNQ Exchange New Exchange in Canada now named Canadian Stock Exchange (“CSE”) – 2003

o   Funded Cumberland Continental Corporation and acquired an interest in Caseta Inc. a Toll Tag Software Developer – 2004

o   Reverse merger – Titan Employment Services Inc. on the CSX became ESSEX Oil Inc. -2007

o   Formed HRW Drilling Company LLC - drilled wells for the public – 1/3 owner 2007

o   Awarded a successful bid on 21,000 oil/gas acres in SW Ontario for ESSEX. - 2007

o   Take Over – Australian Canadian Oil Royalties Ltd. became Chelsea Oil & Gas Ltd. Listed on the OTC Bulletin Board - 2013.

 

PROFESIONAL EXPERIENCE, CONTINUED

 

Kamon Petroleum Exploration: 1968 – 1991

International Project Director / Investor, Shareholder Liaison

·       Involved in communicating with investors and shareholders of public companies. 

·       Prepared annual reports, shareholder letters, news releases for public companies.

·       Prepared geological reports, joint venture programs, private placement memorandums for both public and private companies.

·       Began providing management services in1978 for both public and private companies. 

·       Assisted in new startups from incorporation through private and/or public funding programs in the capacity as an officer and director.

·       Held meetings with dignitaries and government officials in Australia, New Zealand, Argentina, Guyana, and Canada negotiating exploration terms and conditions for obtaining exploration concessions.

·       Conducted due diligence on oil and gas projects both producing and non-producing.

·       Conducted economic forecast evaluations on existing production, re-working, re-completion and new drilling projects. 

·       Prepared the necessary disclosure documents and obtained approval for listing stocks for trading on Nasdaq Small Cap, OTC Markets (Bulletin Board Stocks), Montreal Stock Exchange, Toronto Stock Exchange and the Canadian Stock Exchange.

·       Negotiated the acquisition of producing oil and gas properties with more than 250 wells located primarily in Kansas, Oklahoma, New Mexico and Texas 1972 - 1985

 

·       Foreign Oil and Gas Projects:

o   Leased oil and gas concessions for oil & gas companies exceeding 17,000,000       acres in Australia, 15,000,000 acres in Queensland and over 2,000,000 acres in Northern Territory. – 1970 – 1976

o   Awarded a 1,400,000-acre oil & gas concession in the Bowen Basin of Queensland – 1980

 

·       Instrumental or engaged as a consultant to facilitate the following Mergers, Acquisitions, Reverse Mergers and Take-Overs: 

o   Initial Public Offering for International Royalty & Oil Co. Full S1 Registration – 1972

o   Initial Public Offering for Black Giant Oil Company. Full S1 Registration – 1974

o   Initial Public Offering for Golden Triangle Royalty & Oil Inc. Full S1 Registration – 1976

o   Initial Public Offering for Houston Oil & Minerals Inc. Reg A Registration – 1981

o   Acquisition of down-hole heating process for International Royalty & Oil Co. for problem wells with paraffin or low gravity. Listed on Nasdaq. – 1987

o   Merger between Golden Triangle Royalty & Oil Inc. and Houston Oil & Energy, Inc.  Both listed on Nasdaq. – 1988

 

EDUCATION

Bachelor of Business degree in Business Administration (BBA)

Tarleton State University     1978

(a part of the Texas A&M System)