Interim Chief Executive Officer, Chairman of the Board
Aleksandr Blyumkin, co-Founder and chairman of Petroteq Energy Inc., has a wide range of experience in the energy industry. After achieving significant success in downstream operations on several energy projects in Azerbaijan, Ukraine and the U.S., he recognized a worldwide need for a safe, environment-friendly oil sands extraction technology. After many years of technology research, Alex and his team discovered the origins of what is now Petroteq’s groundbreaking extraction technology. With his vision in seeing the tremendous potential of a safe oil sands extraction technology, he was the key figure in providing significant funding to further develop Petroteq’s extraction technology. After four years of improvements and enhancements to create today’s version of Petroteq extraction technology, it is now being deployed on the Company’s lease location in Asphalt Ridge, Utah. Blyumkin has now focused his interests in oil sands lease development opportunities in the U.S.
Based at the Company's offices in Los Angeles, California, Mr. Blyumkin is currently involved in acquiring additional oil sands leases in Utah for the Company's resource portfolio, with a keen interest in lease development with long-term revenue stream potential. He will play an instrumental role in deploying Petroteq's proprietary oil sands technology for licensing and joint venture opportunities, as well as devising an operational plan for Petroteq’s oil production. Blyumkin acts as a liaison between Petroteq's operational personnel, its geologic team and its environmental consultants through the various permit stages prior to coming on-stream with Petroteq’s growing Utah oil production in the future.
Dr. R. Gerald Bailey, P.E.
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.
Robert Dennewald was born in Luxembourg in 1953. After secondary school in Luxembourg he obtained a degree in civil engineering at the University of Liège (B).
In 1979 he joined the Luxembourg-based steel producer ARBED in its Technical Assistance Department. From 1983 until 1986, he took on the responsibility of promoting steel solutions for high-rise buildings in the New York office of ARBED. From 1986 until 1993 he took over the export sales of carbon steel long products in ARBED’s headquarter in Luxembourg. In 1993 he joined the cement group Ciments Luxembourgeois (Dyckerhoff A.G., Wiesbaden) as a director and took the responsibility of the prefabricated concrete business unit. In 1996 he was appointed President and CEO of Eurobeton S.A., and developed his company’s activities in the North-East of France.
In 2006, together with 4 financial partners, he initiated a MBO/LBO takeover of the Eurobeton Group. Beginning of 2010, through a secondary buy-out, he took a controlling interest in Eurobeton, which is a main supplier of building materials in Luxembourg with its subsidiary Chaux de Contern. He is a director of ING Luxembourg S.A. and of Redline Capital Partners, the President of investment fund EUREFI S.A. and the angel investor of cleantech company APATEQ and IT company e-Kenz. Robert Dennewald is chairman of FEDIL – Business Federation Luxembourg since 2006 and a Vice-President of the Luxembourg Chamber of Commerce. He is also a member of the board of directors of the Jean-Pierre Pescatore Charity Foundation. He is married and the father of 4 children.
Mr. Fuller brings his experience of over 40 years in the securities industry. Beginning in the brokerage industry, Mr. Fuller quickly rose to the level of Managing Director with J. Barth & Company. His successes included creating the Cash Management Account (CMA) product for Merrill Lynch. He also served as a Senior Vice President of the New York Stock Exchange. Additionally, President Ronald Reagan appointed him to a post in the Securities Industry Protection Corporation (SIPC).
Mr. Fuller handled Marketing for Charles Schwab for a period of four years before taking a role as Senior Vice President of Bridge Information Systems. Mr. Fuller has been active recently as a partner in Baytree Capital Associates LLC, a private equity firm based in San Francisco.