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.
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.
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.