Ole Udsen

• Deputy to Project Director, special advisor to same • Responsible for Cultural Due Diligence • Negotiations and stakeholder management • Ad hoc assignments

• Deputy to Project Director, special advisor to same • Responsible for Cultural Due Diligence • Negotiations and stakeholder management • Ad hoc assignments

• Head of DONG E&P A/S’ Commercial Section • Co-ordination of commercial activities nationally and internationally; head up Commercial Committee, member of Investment Advisory Board • Commercial best practices, contracts, transfer pricing, project and infrastructure negotiations, decommissioning security/procedures; commercial peer reviews • New ventures/business development activities, licence, AMI, bidding agreement and JOA negotiations and applications • Government relations

In corporate legal department, legal and other advice to DONG Energy businesses.

Advising and assisting individuals and companies wanting to enter the oil and gas business in Kazakhstan. Advice and assistance in setting up tax-effective corporate structures for same. o Advising and assisting individuals and companies in negotiations for entering the oil and gas business in Kazakhstan. Management of due diligence process on their behalf in this respect. o Managing branches on behalf of companies, including government relations, obtaining major and minor approvals, permits and licences,

Acted as Kazakhstan country manager on behalf of Jupiter Energy Limited on a consulting basis.

Manage co. in KZ. Budgeting. Strategy. New ventures. Investors, partners and contacts liaison. Government relations. Public relations. Rep. of co. at KPA (chairman), FIC and KPLA. All HR. Insurance. Oil sales and transport. 170 staff. Successfully set up and managed operations of company, starting with 4 people. Made first discovery and put on production within 10 months

Manage Kaz. branch. Turn-around. Budgeting. Strategy. New ventures. Procedures, manuals. Government relations. PR. Rep. of co. at KPA, FIC, KPLA and EuroBAK. Lobbying. Rep. of co. at OpCom, Tech/FinCom and ManCom. Liaison with partners. Contracts. Disputes, litigation. Compliance & legislative tracking. HR. Insurance. Oil sales co-ord. w. head office, partners, authorities, buyers and transporters; identify transport routes, buyers and transporters. Office mngmnt, incl. IT. 20 staff, as deputy up to 200

Non-Danish new ventures. Contracts w. partners, governments & contractors. Co. set-up. Worked on ventures in: Algeria, Argentina, Bangladesh, Brazil, Cuba, Egypt, Faeroe Islands, Germany, Indonesia, Iran, India, Kazakhstan, Libya, South Africa, Syria, Turkmenistan, UAE, UK and Venezuela. Office mngmnt. Staff of 5. Helped manage successful venture in Algeria, and successfully negotiated entry into Kazakhstan and Turkmenistan.

Major construction and other contracts in USD 1 billion project. Tender board with QP. Office mngmnt. Insurance (partially). HR (partially). Mid-level government relations. Oil sales co-ord. W. head office, QP, buyers and transporters. Staff of 4 people. Construction contracts negotiated were the first in company history to come in on the money and on time.

Non-Danish ventures. Contracts w. partners, governments and contractors. New ventures. Co. set-up. Compliance & legislative tracking. Ventures in following countries: Algeria, Bangladesh, Ecuador, Egypt, Germany, Indonesia, the Netherlands, Qatar, Thailand, UK and the US. Ad hoc work for top mngmnt, including “savings gang”, identifying savings of 20% of annual budget. Some preparatory work for litigation.

Military draftee. Medic; extended first aid, patient care and light medical operational assistance.

While student and draftee. Bad debt recovery. Revamp credit evaluation. rtificial intelligence credit evaluation system. Follow-up and control on credit card usage. New systems for same. Review adequacy of insurance coverage. Ad hoc legal advice to mngmnt and compliance work.