APEC Names Dunderdale Sr. VP

Asia Pacific Exploration Consolidated LLC (APEC), an exploration-driven company that is focused on finding oil and gas in South East Asia, has announced the expansion of its management team with the addition of Ian Dunderdale as senior vice president and partner. He will be based in Singapore with responsibility for APEC's Business Development activities.

Ian has been based in Asia for the last five years focused on business development and acquisition and divestment activity. He has over 24 years experience in the international oil and gas sector including time spent in Scandinavia, the Middle East, West Africa and the USA working on asset screening, prospect generation resource estimation, valuation and financing in support of exploration and production transactions.

His career includes positions at Harrison Lovegrove / Standard Chartered Bank as Managing Director Asia Pacific, Gaffney, Cline & Associates as Regional Director Asia-Pacific, Halliburton as Vice President for Landmark Africa, India & Middle East and Manager of Eastern Hemisphere Consulting for Scientific Software-Intercomp.

"APEC is excited about expanding our capabilities and Ian's regional experience and industry knowledge will further increase our capacity to create value for our investors and government and industry partners," said CEO Leon Codron.

"Our new Singapore office, together with our existing offices in Jakarta and Houston, provides local, regional and global capabilities, coverage and perspective that facilitates our growth."

APEC is backed by private equity funding from Pine Brook Road Partners, Temasek, Actis and AES.