Ian Edwards - Spectrum ASA Insider

SPTYF -- USA Stock  

USD 4.26  0.00  0.00%

  President
Mr. Ian T. Edwards was Executive Vice President, NorthWest Europe and Asia Pacific at SPECTRUM ASA since 2016
  President Since 2016      
47 23 01 49 60  http://www.spectrumgeo.com
Edwards brings a wealth of knowledge from the oil and gas industry, with a career that has spanned over 46 years. He started his career in 1970 with Phillips Petroleum. In 1982 he became one of the initial team of JEBCO Seismic Ltd which was followed in 1992 by his move to Digicon Geophysical where he was responsible for starting the Data Library and Geological Services departments for EAME Division. Throughout Mr. Edward?s time with Digicon/Veritas and finally CGGVeritas in 2010, he held various senior positions with his last role as Senior Vice President Data Library EAME and Global New Ventures. In late 2010 Mr. Edwards was one of the original members of the Executive Team of Dolphin Geophysical responsible for Global MultiClient Surveys and New Ventures. During his career Ian has initiated many unique Data Library seismic surveys which have led to industry investment and exploration of these areas

Management Efficiency

The company has return on total asset (ROA) of 0.95 % which means that it generated profit of $0.95 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (19.09) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 23.72 M in total debt with debt to equity ratio (D/E) of 17.1 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Spectrum ASA has Current Ratio of 0.76 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

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Entity Summary

Spectrum ASA produces and sells multi-client seismic surveys and seismic data imaging for multi-client survey and proprietary customers in the oil and gas market. The company was founded in 1986 and is based in Oslo, Norway. Spectrum ASA operates under Oil Gas Equipment Services classification in USA and traded on OTC Market. It employs 146 people.Spectrum ASA (SPTYF) is traded on OTC Market in USA. It is located in Karenslyst All? 11 and employs 146 people.

Spectrum ASA Leadership Team

Jogeir Romestrand, Director
Glen Rodland, Chairman of the Board of Directors
Arne Helland, Executive VP of Strategy and Bus. Devel.
Jan Schoolmeesters, COO
Kim Maver, Executive Vice President North-West Europe
Maria Tallaksen, Director
Ian Edwards, Executive Vice President North-West Europe and Asia Pacific
Graham Mayhew, Executive Vice President Multi-Client, Africa
Ingrid Leisner, Director
Mike Ball, Executive Vice President of Data Processing
Linda Myklebust, Director
Rune Eng, CEO and Pres
Henning Olset, CFO
Jorn Christiansen, CTO
Neil Hodgson, New Ventures Manager
Richie Miller, Executive VP of Multi-Client for Americas
Svein Staalen, General Counsel
David Rowlands, Executive VP of Multi-Client for EAME
Pal Stampe, Director

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