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Apex International Energy Expands Global Team

Source: www.gulfoilandgas.com 12/19/2016, Location: Egypt

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Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, is pleased to announce that it has expanded its leadership team with the additions of David A. Pivnik as Vice President of Exploration and New Ventures and Amr Diab as Non-Executive Director. The company, founded earlier this year, is now comprised of 12 professionals with more than 275 combined years of industry experience, including over 100 years in Egypt.

Mr. Pivnik brings over 25 years of geotechnical experience, including 10 years spent in Egypt where he discovered several significant oil fields. Most recently, he was Manager of Subsurface Specialties at Occidental Petroleum Corporation, where he focused on petroleum systems and geomechanics in the Permian Basin. Mr. Diab brings over 20 years of investing and transaction experience and is currently an Advisory Director at Morgan Stanley International, where he previously served as Co-Head of Investment Banking for the Middle East and North Africa.

Roger B. Plank, founder and Chief Executive Officer of Apex International Energy, commented, We are pleased to welcome both Amr and Dave to the Apex team. Their guidance and expertise will be called upon as we grow into a significant upstream company in Egypt. With our recent award of two Blocks encompassing 1.7 million acres, Apex has established a significant foothold in the Western Desert from which to pursue potentially attractive acquisition opportunities. The combination of our experienced professionals, network of industry relationships, financial wherewithal and commitment to Egypt, provides the ingredients to build a substantial E&P business.



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