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SDX Energy details boardroom shuffle

SDX EnergySDX Energy Inc., an oil and gas company, adds Michael Raynes, non-executive director, and Mark Reid, chief financial officer, to the board of directors.

Mr. Raynes is the Managing Partner of MEA Energy Advisory UK LLP, an Energy focussed investment advisory partnership, and a Director of MEA Energy Investment Company Limited. MEA Energy Investment Company Limited is a significant shareholder in SDX Energy Inc.

Previously he was the Chief Operating Officer of Waha Capital with responsibility for all investing activity including Sales & Trading, Private Equity, Infrastructure, Real Estate and Energy.

He brings with him an intricate understanding of investing in the Middle East and North Africa and has established a strong track record of adding value to businesses and generating strong returns for investors.

Prior to Mr. Raynes’ role at Waha Capital, he was a Senior Investment Banker with Barclays Capital in London.

A Chartered Accountant, Mr. Reid spent his early career working with Ernst & Young Corporate Finance and BNP Paribas Fortis, where he spent seven years as an investment banker focused on Oil and Gas in Emerging Markets.

Most recently Mr. Reid was Finance Director at Chariot Oil & Gas PLC and Aurelian Oil and Gas PLC where he had significant exposure to M&A transactions and the equity and debt capital markets.

He was appointed Chief Financial Officer of SDX Energy Inc. on November 13, 2015.

Paul Moase and Barrie Wright, formerly Non-Executive Directors, will retire from the Board.


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