Jeremy Asher, Chairman and CEO

Jeremy Asher BSc (Econ), MBA, MEI

Chairman and Chief Executive Officer

Jeremy, aged 64, is Chairman & CEO of Tower Resources plc, and also serves as the Senior Independent Director of Block Energy plc, where he chairs the Audit Committee. During the last few years he has also served as a director of NYSE-listed Pacific Drilling SA, where he chaired the Remuneration Committee, and until 2014 Jeremy also served as Deputy Chairman of London-listed Gulf Keystone Petroleum Ltd, and as a director of TASE-listed Oil Refineries Ltd. Following several years as a management consultant, he ran the global oil products trading business at Marc Rich & Co (now Glencore AG) and then with partners acquired, developed and sold the 275,000 b/d Beta oil refinery at Wilhelmshaven in Germany. Between 1998 and 2001 he was CEO of PA Consulting Group, and since that time has been an investor and director in various public and private companies, including Tower, mainly in the Energy sector.

Dr Mark Enfield BSc(Hons), PhD, FGS

Independent Non-Executive Director

Mark, 62, is a geoscientist with more than 30 years’ experience and a doctorate in structural geology from Royal School of Mines, Imperial College, London, and has been an advisor to the Company’s board since 2013. He is CEO of Geoscience and a director at EPI Group.

After an early career in international exploration plus development projects in the Gulf of Mexico working for a large US independent operator, Mark founded P.D.F. Ltd in 1994, a highly successful E&P consultancy that developed the ‘Outsourced E&P Department™ (OExD®)’, partnering with oil and gas companies to provide a ready-made, full spectrum, subsurface geoscience function to support their operations. PDF was acquired by the larger international energy consultancy EPI Group in 2016 and now continues as the Geoscience Department within EPI, which Mark continues to lead.

Mark also founded TerraMod Ltd, a specialist basin modelling and oil generation/migration software and consultancy provider to the exploration sector. He founded the PDF Fellowship (for collaborative research within the oil and gas industry), based at Plymouth University in 2005 and remains an active collaborator with this and other institutions.

Mark is chair of the Remuneration Committee.

Paula BrancatoPaula Brancato MBA, FINRA, CFA

Independent Non-Executive Director

Paula, aged 64, is an investment advisor with Barnum Financial Group in New York, where she works with clients and also in new venture and market development. Paula holds an MBA from Harvard Business School and FINRA qualifications in the US as both a broker and investment advisor, as well as being a member of the CFA Society New York. Paula is chair of the Audit Committee.