JUSTIN CALDWELL
Chief Executive Officer
Justin is a highly experienced, Appalachian born and bred, third generation oilman who has continued in the family’s rich tradition in the energy industry by building a highly successful E&P business over the past 15 years with operations across Ohio and Pennsylvania. He has enjoyed a stellar, industry leading 99% drilling success rate (defined as commercial wells that provide a full return of and on capital for investors) across an almost 100 conventional and unconventional well program that he has personally managed and executed since 2005. Justin learned the industry from the ground up from his father, visiting rigs in diapers (as he likes to half joke) while enjoying a ringside view as his father built and ran a 1500+ well, several hundred thousand acres E&P company. Justin attributes his own success as an E&P Operator to an entrepreneurial oilfield spirit that he inherited from his father, coupled with a conservative “boots on the ground” approach, also instilled by his dad, that has stood him and his investors in good stead across industry cycles. Today Oil Well Shares (OWS) has well operations across thousands of acres in seven Ohio counties and a strategically located, state of the art water management business that services major Marcellus and Utica operators across Pennsylvania and Ohio. OWS’s local relationships, spearheaded by Justin and built over generations of local family presence, are one of its key differentiating strengths that provides OWS with unprecedented opportunity access and proprietary sector intelligence unrivalled by others. Justin received his B.A. in Business Management with a minor in Finance from Walsh University. He was a Division II collegiate baseball player who received first & second team All Conference. Married with four children, Justin is active in his community, church and kids’ sports coaching.
SID SINHA
Chief Financial Officer
Sid has 20 years of leading Wall Street energy finance and oilfield engineering experience working in the energy investment banking groups at J.P.Morgan, Deutsche Bank and Marathon Capital in New York and Chicago, and at Baker Hughes in Texas, Scotland, Asia-Pacific and Australia. During his career, Sid has led and worked on over $5 billion of closed M&A, equity and debt transactions across the entire North America energy spectrum – upstream, midstream, downstream and power/renewables – as well as several billion dollars of non-energy transactions. He has had the honor of being an Expert Energy Finance advisor to the White House, the DOE and the US State Department on numerous occasions and is a nationally recognized expert in geothermal energy finance. During his work as a wireline logger for Baker, Sid logged hundreds of open-hole and cased-hole wells in 7 countries across 4 continents. Sid brings an in-depth knowledge of energy finance and institutional relationships along with a practical oilfield engineering background to OWS. Sid received his MBA from the Wharton School, University of Pennsylvania (Honors) with a major in Finance, and his B.S. in Chemical Engineering from the Indian Institute of Technology, Kanpur.
Oksana Prysyazhnyuk
Chief Sustainability Officer
Oksana is Chief Sustainability Officer at OWS and in this position is responsible for defining and executing the company’s overall ESG initiatives. Oksana leads OWS’ renewable energy strategy, with a specific focus on solar development on OWS acreage in collaboration with our landowner partners.
Oksana is a graduate of Columbia University in New York with a major in economics and Harvard University’s sustainability master program. Prior to OWS, Oksana worked at the American Solar Energy Society and in a variety of corporate finance and strategy roles at a large private conglomerate. She was also active at the UN right out of college, reporting to the Secretary General of WFUNA (World Federation of United Nations Associations) in New York.
In addition to her rich renewable energy and business development expertise, Oksana brings a diverse international perspective to OWS, stemming from her multicultural background growing up in both Ukraine and the US. She immigrated to America on her own when she was 18, being awarded a prestigious full scholarship to Columbia University. Fully fluent in 4 languages (English, Ukrainian, Russian, Polish) and proficient in 1 more (German), Oksana has maintained her international relationships and perspectives while successfully navigating a US corporate career as a first generation “solo” immigrant. She has a passion for harnessing sustainable energy development as a tool for combating climate change and facilitating the energy transition, without hindering economic development – a passion that OWS Energy shares.
Tim Lines
Senior VP, Subsurface
Tim is Senior VP of Subsurface and brings a wealth of US and international experience in oil and gas management, field operations, reserves auditing, fundraising and M&A spanning 30 years and 40 countries. He has been a director of multiple other energy companies during his career including Rockstone-JSX Energy (with exploration assets in Thailand and Vietnam), Finfund (interests in E. Siberian oilfield Sredne Botuobinskoye which contains (2P) 1.2 billion barrels and 6 TCF) and Genel Enerji (Taq Taq oilfield in Kurdistan). His M&A experience includes executing the sale of Finfund’s E. Siberian oilfield stake for $350 million and purchasing a stake in the Astrakhan Oil company in Russia which owned the Verbluzhye oilfield containing (2P) 100 MMbbls of heavy oil - he then leveraged his deep technical expertise to initiate production using CHOPS technology from Canada.
Tim started his career at BG plc in 1981 as a well site petroleum engineer, progressing through the ranks to be responsible for the technical development of the 1.5 TCF offshore N Morecambe gas ($1bn in 1985 money); and the Armada gas condensate offshore fields ($1bn in 1990 money). After 10 years at BG and a spell at PA Consultants as a strategy consultant, he founded Oilfield International, a London-headquartered energy consulting and advisory firm that offers G&G, reserves audit and field operations services, with staff and associates on most continents.
He holds a BSc in Chemistry, an MSc in Petroleum Engineering (Imperial College, London) and an MBA (Cranfield, UK). He is a Fellow of the Geological Society, and vice-chair elect of the SPE Distinguished Lecturers’ Committee, Richardson, Texas. He is a Competent Person for most major stock markets; and has served as an expert energy witness for criminal (insider trading) and civil (damages) cases.
MIKE CALDWELL
Geologist
Mike had an early start in the oilfield going with his father and grandfather to help on the family’s wells as a kid. In high school Mike worked as a roustabout changing charts, checking differentials, and general well maintenance, as well as fixing leaks and plumbing in new wells. In 2008, Mike went on to study at Marietta College, Ohio, a school that pioneered substantial research on the regional Utica Shale, earning his B.Sc. in Geology with a minor in Petroleum Engineering. Mike’s primary responsibilities include researching well data of potential lease sites, evaluating well logs and seismic data, compiling structural analysis of future drill sites and interfacing with outside geological and engineering firms. He is also adept at mapping, 3D modeling and performing comprehensive transaction recording for daily production and water management operations.
