BALDENCO SAS Management

Highly Experienced in E&P International OPCO General Management with Positive working relationships with cross-cultural and multidisciplinary colleagues, local community stakeholders, third-party service providers, field personnel and government & regulatory bodies. 

Results oriented and solutions focused, with a strong blend of business and technical acumen and excellent strategic planning & organizational skills. Several Experiences in E&P Assets Acquisition/Divestment as key operational Manager Pre/Post Acquisition periods for M&A projects of Mature & Marginal E&P Assets.

30+ years of experience in Management for E&P industries Worldwide and in a multicultural environment for CGG, Perenco and Addax Petroleum/Sinopec with main expertise focused on Mature and Marginal Oil Fields.

Baldenco Management

• Last 25 years in E&P Oil Companies as Operation Manager and (President) General Manager, as well as Head of Corporate HSE (2009-2011), with direct involvement in HSE, CSR, Operation/Production, Development and Exploration Projects, Finance, Legal, Supply Chain and Contract, Human Resources and General Administration, Governmental and Partner relationships.

• Positive working relationships with cross-cultural and multidisciplinary colleagues, local community stakeholders, and government & regulatory bodies.

• Results-oriented and solutions-focused, with strong business and technical acumen.

Key Areas of Expertise Mature and Marginal Oil Fields Management

• Regulatory Compliance and Government Relations

• M&A and Post-Merger Management

• Managerial and Operational Optimization Mature Oil&Gas Assets

• Cost Management and Reduction

• Strategic Business Planning

• Health, Safety, Security, and Environment (HSSE) / CSR Initiatives

Accomplishments

• Promoted to Officer of the Order of Value of Cameroon (October 2021) by Special Decision of HE. Head of State.

• Highly Successful management of Oil& Gas E&P Projects (Exploration / Development / Operation / Onshore / Offshore) within a multinational teams environments.

• Demonstrated Expertise Enhancing Production Efficiency and Securing sustainability across various Oil & Gas fields.

• Led Managerial and Operational Challenged during acquisition and divestment projects in the E&P sector.

Key Management Objectives Achieved

• Achieved a Triple-Double Objectives for a Key Mature Asset: double BOPD performance, Double  2P Reserves, Double Asset Net Value.

• Optimized Operational Strategies (Expenditures / Production).

• Delivered self-financed growth, ensuring sustainable shareholder returns (Dividends and Accelerated Investments Pay-Back).

• Designed and implemented mitigation plans for high-potential events.

• Decommisionning Plan and Associated Cost Optimization.

Strategic Initiatives

Implemented phased long-term vision strategies including the following milestones:

• Value Maximization of Mature and Marginal Oil E&P Assets through sound Management, fast-track decisions and efficient actions.

• Fast-Track Developments of near-field opportunities.

• Development for new fields (under New Exploitation Rights / New PSC).

• Accelerated in-field appraisals and developments for New Marginal and Mature Assets.

• Exploration of new blocks and deeper sands, including new and mature assets.

Baldenco SAS (France) President and General Manager (Since October 2021)

• Advising executive management teams of oil E&P companies (operator/non-operator).

• Provided proposals, advice, and recommendations for the State of Niger (September 2022 - March 2024):

Improving project monitoring and management for the AEE Major Production Sharing Contract with CNPC Niger.

Optimizing development and production activities of CNPC in the Petroleum Exploitation of GRAND AEE Agadem.

Addax Petroleum (SIPC-SINOPEC) (Cameroon) President and General Manager (August 2011 - October 2021):

• Led the transition team in Cameroon during the SPA process between Addax Petroleum and Shell/PECTEN.

• Managed operated and non-operated assets, including Mokoko Abana, Iroko, and NGOSSO blocks.

• OCM representative and partner in Rio Del Rey and Dissoni non-operated assets.

• General Assembly and Board President.

• Business and management continuity plan during Addax HQ closing towards SIPC/SINOPEC Beijing.

Perenco (France, Turkey, Middle East, DRC, Cameroon)

Various Positions (January 2000 - August 2011)

• General Manager Roles in Turkey, Middle East (Iraq Kurdistan), DRC, and Cameroon, with responsibilities in oil production and exploration.

• QSHE Department Group Manager at the Paris Headquarter.

• Managed onshore and offshore oil production, including significant acquisitions and synergized management.

Compagnie Générale de Géophysique (CGG)

Seismic Crew Management (July 1994 - January 2000): 

• Managed onshore/transition zone seismic crews in various countries (South East Asia / Africa / Europe).

Special Group Project Manager with missions in the USA, Venezuela, Colombia, Yemen, and Qatar.