Jeremy Asher, Chairman and CEO

Jeremy Asher BSc (Econ), MBA, MEI

Chairman and Chief Executive Officer

Jeremy, aged 59, in addition to his role in Tower, is Chairman of Agile Energy Limited, a privately held energy investment company and a director of NYSE-listed Pacific Drilling SA, where he chairs the Remuneration Committee. Until July 2014 Jeremy served as Deputy Chairman of fully-listed Gulf Keystone Petroleum Ltd, and until December 2014 he was a director of TASE-listed Oil Refineries Ltd. He is also a member of the London Business School’s Global Advisory Council. Following several years as a management consultant, he ran the global oil products trading business at Glencore AG and then 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.

Graeme Thomson

Graeme Thomson FCA, MA, BA, MEI, MIoD

Non-Executive Director

Graeme, aged 60, served as Tower’s CEO from 1 June 2012 to 31 October 2016. Until December 2013 he was a non-executive director of Desire Petroleum plc, where he chaired the Audit Committee. He was a non-executive director of Frontier Resources International plc from 2011 to 2012. Between 2009 and 2012 he advised a range of energy and other companies on their financial and commercial affairs. From 2000 to 2009 he was a founder, Company Secretary, CFO and finally CEO of Sterling Energy plc, and from 2005-2008 a non-executive director of Forum Energy plc. He was CFO and Company Secretary of Dragon Oil plc from 1992 to 1999. In 1989 he co-led a management buy-in to AmBrit International plc, which was taken over in 1992. He was a runner-up for Finance Director of the Year at the 2007 QCA Awards.

Peter Taylor

Peter Taylor BSc (Hons) MechE

Non-Executive Director

Peter, 70, has over 40 years’ experience in the oil and gas industry. He cofounded T M Services, an international oil and gas consulting company, in 1980 and became involved in the upstream exploration and production sectors in 1990. He cofounded and was a Director of TM Oil Production which later became Dana Petroleum plc. Dana grew to become one of the leading UK oil and gas exploration companies and was taken over by KNOC for £1.8bn in 2010. He also cofounded Consort Resources, a significant North Sea gas transportation and production company, and Planet Oil International which acquired various interests in Mauritania, Guyana (formerly French Guiana) and Uganda, and subsequently reversed into Hardman Resources in 1998.

Peter Taylor was also a founding member of Star Petroleum, Jupiter Petroleum and Neptune Petroleum. Star Petroleum was incorporated into Global Petroleum in 2002. Jupiter Petroleum, with assets in offshore Namibia, was acquired by Global Petroleum in 2011. Neptune Petroleum, with interests in Namibia and Uganda, was reversed into AIM listed Tower Resources plc in 2005.

He is Chairman of the Remuneration Committee.

David M Thomas

Independent Non-Executive Director

Mr Thomas is a geologist with over 30 years of experience in the oil and gas industry, primarily in North and West Africa. After working in Libya for Occidental Petroleum and Tunisia for Tenneco (now British Gas) in the 1970s and 1980s, Mr Thomas returned to London as International Chief Geologist for Kuwait Petroleum Corporation and later founded a consulting company offering a range of petroleum advisory services. Mr Thomas served most recently as managing director of MedOil PLC and has been a director of AIM-quoted Thalassa Holdings since 2008.