Kurdistan Region of Iraq Where We Operate
HKN holds a 62 percent PSC interest in the 420 km2 Sarsang block. TEPKRI Sarsang A/S (subsidiary of TOTAL S.A.) holds an 18 percent PSC interest with the remaining interest held by the Kurdistan Regional Government of Iraq (KRG).
Sarsang Block Highlights
Discovery of 2 large fields – Swara Tika & East Swara Tika
Over 380M barrels of 2P reserves
Over 425M barrels of 2C resources
Plan for 50,000 bopd on Swara Tika by end of 2020
Over 29,000 bopd facility capacity
Over 16M barrels in cumulative production
API of 36-39 Triassic Oil
The HKN Team World-Class Leadership with Extensive Experience
HKN’s leadership team has a proven record of building successful companies and generating sustained shareholder value.
CEO, Board Member
Russell Freeman serves as the Chief Executive Officer of HKN Energy, for which he serves as a board member. He formerly served as Chief Operating Officer and Chief Financial Officer of Perot Systems Corporation. Freeman previously received his certificate as a certified public accountant. He attended Texas Tech University, where he received his Bachelor of Business Administration in accounting.
CFO, Board Member
Before joining HKN Energy, Berger was a partner with PricewaterhouseCoopers. Based in Moscow, Russia, he led PwC’s Transactions and Corporate Finance practice for Russia and Central/Eastern Europe. In that capacity, he assisted Russian and multinational clients with mergers & acquisitions, private equity investments, finance raising, and the development of large infrastructure projects. His experience in Russia includes work on several high-profile energy transactions. Steve received his B.A. from Brown University and his MBA from Amos Tuck School, Dartmouth.
Scott brings 39 years International industry experience to HKN Energy Ltd. as VP of Operations. He previously worked for Conoco, Enterprise Oil, Burlington Resources, Hardy Oil and Gas and more recently served as Head of Operations & Engineering at Petroceltic International and is the former COO, Director and Founder of Vanguard Energy & COO of Regal Petroleum.
Mattingly brings 38 years of international experience, 26 years with Chevron in Africa, Asia, Southeast Asia, Europe and Russia to HKN Energy. During this time, he worked extensively with government and industry representatives from foreign countries to capture and then execute programs on various concessions. He has led international multi-disciplinary teams in the identification, capture and execution of opportunities and mentoring national staff. He earned his Bachelor of Science degree in Geology from George Mason University, Fairfax, Virginia and his MBA from Saint Mary’s College, Mirage California.
VP Commercial, Board Member
Rollins is Vice President of Business Development and Commercial and serves on the HKN Board of Directors. Prior to joining HKN, Rollins served as Managing Director of PetroGrowth Energy Advisors and worked in senior management positions at KPMG Consulting and Arthur Andersen Business Consulting. Rollins is a Certified Professional Landman and member of the Association of International Petroleum Negotiators. Rollins received his B.S. in Civil Engineering from Texas A&M University and his MBA from The McCombs School of Business at the University of Texas in Austin.
Bush oversees the legal aspects of the operations. He has 28 years domestic and international legal and industry experience. Bush was formerly Vice President and General Counsel of a US-based entity that operated, and ultimately sold, the Baituganskoye oil field in Russia. Prior to the Russian venture, he was in private practice with global law firms. Formerly, Bush was an auditor for KPMG. Shelby received both his B.B.A. in Accounting and his Juris Doctor from the University of Oklahoma.
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