Dr Papadopoulos has over twenty years of investment and merchant banking and entrepreneurial experience. He is the founder and managing partner of The Intuitus Group, a merchant banking firm based in Atlanta, US.

He has extensive international experience in capital raising activities with corresponding deal sizes of $10 million to $50 million, and buy or sell side mergers and acquisitions with deal sizes up to $250 million.

Dr Papadopoulos also has contacts within the private equity, venture capital and financial communities, as well as the chemical, energy and pharmaceutical-biotech industries. He is on the advisory board of Caymus Partners, a middle-market investment banking firm based in Atlanta and New York.

Mr Ames said: As we evaluate strategic opportunities to grow the company and increase shareholder value, we believe that Dr Papadopoulos’ extensive experience will help us evaluate the best course for the company. His knowledge and expertise of the global and national energy industry will be instrumental in determining our ongoing growth strategies.