The management team has a proven record of achievement in this sector in North America. In particular, the CEO, Jeff Arsenych, achieved a 35%-plus IROR for investors in the sale of three previous oil company start-ups. Please review the rest of our Management, Technical and International Teams to see the depth of our experience.
Jeff Arsenych, B.A., M.B.A. - CEO
Mr. Arsenych is President and CEO and a member of the board of Petro Verde. He brings 30 years experience in the energy industry both in North America and offshore with specific expertise in negotiations, corporate finance, evaluations, and general management. He has negotiated over $500 million of acquisitions, joint ventures, and other transactions in the oil and gas sector. A serial entrepreneur, Jeff has co-founded and built four successful oil and gas start-ups: Neutrino Resources, Bridgetown Energy, Ravenwood Resources and Ravenwood Energy. In 1997, he and business partner David Beckwermert received the Emerging Entrepreneur of the Year Award, Prairie Division, for their work with Neutrino Resources which they started in 1993 with $200 K of seed capital and sold in 1998 for $83 million total consideration. Mr. Arsenych is also Chairman and co-founder of two alternative energy companies: Kyoto Fuels, a private biofuels company which is completing one of Canada’s largest biodiesel plant in Lethbridge; and Prairie Biogas, a private waste-to-energy company based in Regina. Prior to Petro Verde, he was President/CEO and a director of CTI Resources, a private company involved in developing technologies for heavy oil upgrading and oilfield waste management.