Ibragimov Viktor Vladimirovich.

Board Chairman

Mr. Ibragimov has served on the board since November 2010.

Mr. Ibragimov has more than 20 years of experience in the oil and gas industry in a number of technical, operational, technology, management and executive roles.

From 2003 through 2009, he served as President and General Director of Glazov Nefte, where he developed and executed the company’s growth and capital allocation strategies.

He also served as a director of Glazov Nefte from 1997 until 2002.

Previously Mr. Ibragimov worked for Lukoil and Producing as well as other Lukoil entities, in positions of increasing responsibility.

He is a member of the Society of Petroleum Engineers.

He holds a Bachelor of Engineering and a PhD in chemical engineering.

We believe that Mr. Ibragimov’s significant experience as a president and general director of a publicly traded oil and gas company, together with his training as a petroleum engineer and broad industry knowledge, enable Mr. Ibragimov to provide the board of directors with counsel on business, strategic and professional matters.

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