[Context: On November 21, Warburg Pincus-backed Apex International Energy announced the appointment of a new CFO, Robert Milius, formerly of Barclays. Further details and related links are below.]
Apex International Energy Appoints Robert Milius as Chief Financial Officer
HOUSTON, Nov. 21, 2017 /PRNewswire/ — Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, today announced that it has appointed Robert Milius as Chief Financial Officer. Mr. Milius joins Apex’s management team and will be responsible for leading financial operations across the company, as well as playing a leading role in the company’s business development efforts.
Mr. Milius is a seasoned finance professional and brings more than two decades of financial and operational management experience in the global energy and natural resources industries. Prior to joining Apex, he was a Managing Director and Head of the Natural Resources Group for the Middle East and North Africa (MENA) region at Barclays based in Dubai. There, Milius established the energy banking business in the region and led financing and M&A transactions, including intra-regional transactions and outbound investments from the region. Previously, he spent 11 years at Lehman Brothers, where he was a Managing Director in the Global Natural Resources Group. He was also Head of the International Energy Project Finance Group during his time at both Lehman Brothers and Barclays.
“We are delighted to welcome Bob to Apex as our Chief Financial Officer. His proven track record of financial leadership and extensive network of industry relationships in the MENA region and beyond are already making a difference in Apex’s quest to build a significant and profitable international exploration and production company,” said Roger B. Plank, Founder and Chief Executive Officer of Apex International Energy.
Mr. Milius holds a B.A. from Yale University and an MBA from The Wharton School at the University of Pennsylvania.
About Apex International Energy
Apex International Energy is an independent oil and gas exploration and production company focused on Egypt and backed by Warburg Pincus, a global private equity firm focused on growth investing. Apex International Energy plans to build an exploration and production business of scale through asset acquisitions and capital investments in drilling, infrastructure and production enhancement to deliver long-term profitable growth in production and reserves. Apex International Energy is also pursuing acreage transactions including farm-ins and new concession bid rounds.