Karl Johnson

Mr. Johnson joined the Company on January 1, 2010 as VP of Business Development and Operations. He has 30 years of experience in the petroleum industry, and was with Marathon for over 27 years. He started with Marathon as a reservoir/production engineer and has worked primarily on international projects. In 1991 he coordinated the preparation of a feasibility study for the development of a field in Western Siberia. In 1992, he lead the economic analysis of the Sakhalin II Project during the feasibility study, and later became part of the negotiating team that negotiated the first Production Sharing Agreement in Russia. Mr. Johnson was then seconded to Sakhalin Energy Investment Company and held positions of Approvals Manager in Moscow, and Russian Content Manager in Sakhalin. After Marathon left the Sakhalin II Project, he headed up Marathon’s Moscow office as VP of Business Development.

He is a member of the Society of Petroleum Engineers (SPE) and the Association of International Petroleum Negotiators (AIPN). He has a BS degree in Petroleum Engineering from Marietta College, Marietta, Ohio, USA, and recently completed an Executive MBA degree from Rice University, Houston, Texas, USA.