Dr. R. Gerald Bailey, P.E.

Interim Chief Executive Officer, Director

Dr. Bailey has over 50 years of experience in the international petroleum industry in all sectors, both upstream and downstream with specific Middle East skills and U.S. onshore/offshore sectors. Mr. Bailey is a current 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 B.S. Degree in Chemical Engineering from the University of Houston, an M.S. Degree in Chemical Engineering from the New Jersey Institute of Technology, Newark, New Jersey, a Ph.D. from Columbia Pacific University, San Rafael, California and is a graduate of Engineering Doctoral Studies from Lamar University, Beaumont, Texas. Bailey has written many articles, papers and studies on the oil industry, and has been a keynote speaker at many international industry conferences. This includes his address, “The Future of Oil & Gas Developments,” at the Money Show conference “Investing In Oil,” at the FreedomFest Conference. He also has recently appeared on national Chinese television discussing international energy markets. Bailey is a member of the Middle East Policy Council, Society of Petroleum Engineers and the American Institute of Chemical Engineers.

Vladimir Podlipskiy, PhD

Chief Technology Officer, Director

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.

George T. Stapleton, II

Chief Operating Officer

Mr. Stapleton brings over forty years of experience in all aspects of design, construction, fabrication and project management for onshore and offshore plant and energy infrastructure related projects. Mr. Stapleton spent over 20 years of his career with McDermott, Inc., a premier international engineering, construction and procurement firm. Most recently he held the position of Senior Director for fabrication operations for McDermott, Inc. in North, Central and South America.

Donald Clark, Ph.D.

Chief Geologist

Donald Clark utilizes 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 Korb

Chief 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, when First Lifestyle was sold to Foodcorp.