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Marathon Petroleum Corporation

Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The Company operates through three segments: Refining & Marketing; Speedway; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States. Its Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast regions of the United States. The Company's Midstream is engaged in the operations of MPLX LP and certain other related operations. It gathers, processes and transports natural gas, natural gas liquids (NGLs), crude oil and refined products. MPLX is a limited partnership which owns, operates, develops and acquires midstream energy infrastructure assets.

Stock Exchange
Symbol
New York Stock Exchange
Locations
Marathon Petroleum Corporation
539 S Main St FINDLAY   OH   45840-3229

Website: http://www.marathonpetroleum.com
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Gary Heminger



Mr. Gary R. Heminger has been appointed as Chairman of the Board, Chief Executive Officer of the Company., effective July 1, 2017. He currently serves as Chairman of the Board, President, Chief Executive Officer of the Company. He is also chairman of the board and chief executive officer of MPLX GP LLC, a wholly owned indirect subsidiary of MPC, and a member of the board of directors of Fifth Third Bancorp. Mr. Heminger serves on the boards of directors and executive committees of the American Petroleum Institute (API) and the American Fuel and Petrochemicals Manufacturers (AFPM) and on the board of directors of JobsOhio. He is also a member of the Oxford Institute for Energy Studies. He is past-chairman of the board of trustees of Tiffin University. Mr. Heminger joined Marathon in 1975. Early in his career, he served in various finance and administration roles, as well as in Auditing and Marketing. From 1995 to 1996, he served as president of Marathon Pipe Line Company. He assumed the position of manager, Business Development and Joint Interest of Marathon Oil Company in November 1996. Mr. Heminger was named vice president of Business Development for Marathon Ashland Petroleum LLC upon its formation in 1998, and senior vice president, Business Development in 1999. In January 2001, he was named executive vice president, Supply, Transportation and Marketing. Mr. Heminger was appointed president of Marathon Petroleum Company LLC, a wholly owned subsidiary of Marathon in September 2001. In addition, he was named executive vice president – Downstream of Marathon Oil Corporation, in September 2001. He was named president and chief executive officer of Marathon Petroleum Corporation on July 1, 2011, and to his current position as Chairman in 2016. Mr. Heminger earned a bachelor’s degree in accounting from Tiffin University in 1976. He earned a master’s degree in business administration from the University of Dayton in 1982.
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Donald Templin



Mr. Donald C. Templin has been appointed as President of the Company., effective July 1, 2017. He currently serves as an Executive Vice President of the Company. Prior to this appointment, Mr. Templin currently serves as executive vice president of the Company and president of MPLX GP LLC, the general partner (the “General Partner”) of MPLX LP (the “Partnership”). Mr. Templin joined the Company as senior vice president and chief financial officer in June 2011. Mr. Templin was appointed vice president, chief financial officer and elected a member of the board of directors of the General Partner in June 2012. He was appointed executive vice president of the General Partner and executive vice president, supply, transportation and marketing of the Company in March 2015, and assumed his current positions in January 2016. Mr. Templin will cease to serve as president of the General Partner on June 20, 2017 but will continue to serve on the board of directors of the General Partner. Mr. Templin is also a member of the board of directors of Calgon Carbon Corporation.
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Timothy Griffith



Mr. Timothy T. Griffith is Chief Financial Officer, Senior Vice President of the Company. Prior to this appointment, Mr. Griffith served as vice president, Finance and Investor Relations, and treasurer beginning in January 2014. He was vice president of Finance and treasurer beginning in August 2011. Previously, Mr. Griffith was vice president Investor Relations and treasurer of Smurfit-Stone Container Corporation, a packaging manufacturer, in St. Louis, Missouri, from 2008 to 2011.
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Anthony Kenney



Mr. Anthony R. Kenney is President of Speedway LLC, a subsidiary of the Company. Prior to this appointment, Mr. Kenney served as vice president, Business Development of Marathon Ashland Petroleum LLC beginning in 2001.
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Thomas Kelley



Mr. Thomas M. Kelley is Senior Vice President - Marketing of the Company. Prior to this appointment, Mr. Kelley served in the same capacity for Marathon Petroleum Company LP beginning in January 2010. Previously, he served as director of Crude Supply and Logistics for Marathon Petroleum Company LP beginning in January 2008, and as a Brand Marketing manager for eight years prior to that.
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Rodney Nichols



Mr. Rodney P. Nichols is Senior Vice President - Human Resources and Administrative Services of the Company. Prior to this appointment, He served as vice president, Human Resources and Administrative Services beginning on June 30, 2011 and served in the same capacity for Marathon Petroleum Company LP beginning in April 1998.
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Raymond Brooks



Mr. Raymond L. Brooks is Senior Vice President - Refining of the Company. Previously, Mr. Brooks was general manager, Galveston Bay refinery beginning in February 2013, general manager, Robinson refinery beginning in 2010 and general manager, St. Paul Park, Minnesota refinery (no longer owned by MPC) beginning in 2006.
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C. Michael Palmer



Mr. C. Michael Palmer is Senior Vice President - Supply, Distribution & Planning of Marathon Petroleum Corporation. Prior to this appointment, Mr. Palmer served as vice president, Supply, Distribution and Planning for Marathon Petroleum Company LP beginning in June 2010. He served as Crude Supply and Logistics director for Marathon Petroleum Company LP beginning in February 2010, and as senior vice president, Oil Sands Operations and Commercial Activities for Marathon Oil Canada Corporation beginning in 2007.
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John Swearingen



Mr. John S. Swearingen is Senior Vice President, Transportation and Logistics of Marathon Petroleum Corporation. Prior to this appointment, Mr. Swearingen served as vice president of Health, Environmental, Safety & Security beginning June 30, 2011. Previously, he was president of Marathon Pipe Line LLC beginning in 2009 and the Illinois Refining Division manager beginning in November 2001.
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Donald Wehrly



Mr. Donald W. Wehrly is Vice President, Chief Information Officer of the Company. Prior to this appointment, Mr. Wehrly was the manager of Information Technology Services for Marathon Petroleum Company LP beginning in 2003.
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Molly Benson



Ms. Molly R. Benson is Vice President, Corporate Secretary, Chief Compliance Officer of the Company. Prior to this appointment, Ms. Benson was assistant general counsel, corporate and finance beginning in April 2012, group counsel, corporate and finance beginning in 2011, group counsel, North American production for Marathon Oil Company beginning in 2010 and senior attorney, downstream business beginning in 2006.
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Thomas Kaczynski



Mr. Thomas Kaczynski is Vice President - Finance, Treasurer of the Company. Prior to this appointment, Mr. Kaczynski was vice president and treasurer of Goodyear Tire and Rubber Company beginning in 2014. Previously, he served as vice president, Investor Relations, of Goodyear Tire and Rubber Company beginning in 2013, vice president and corporate treasurer of Affinia Group Inc. beginning in 2005, and director of affiliate finance and of capital markets and bank relations of Visteon Corporation beginning in 2000.
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Suzanne Gagle



Ms. Suzanne Gagle is Vice President, General Counsel of the Company. Prior to this appointment, Ms. Gagle was assistant general counsel, litigation and Human Resources beginning in April 2011, senior group counsel, downstream operations beginning in 2010 and group counsel, litigation, beginning in 2003.
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John Quaid



Mr. John J. Quaid is Vice President, Controller of the Company. Prior to this appointment, Mr. Quaid was vice president of Iron Ore at United States Steel Corporation (“U. S. Steel”), an integrated steel producer, beginning in January 2014. Previously, Mr. Quaid served in various leadership positions at U. S. Steel since February 2002, including vice president and treasurer beginning in August 2011, controller, North American Flat-Rolled Operations beginning in July 2010 and assistant corporate controller beginning in 2008.
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David Sauber



Mr. David R. Sauber is Vice President - Human Resources and Labor Relations of the Company. Prior to this appointment, Mr. Sauber served as vice president, Human Resources Policy, Benefits and Services of Shell Oil Company beginning in 2013. Previously, Mr. Sauber served in various leadership positions at Shell Oil Company since 2000 including regional Human Resources manager for U.S. manufacturing in 2009.
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John Haley



Mr. John R. Haley is Vice President - Tax of the Company. Prior to this appointment, Mr. Haley served as director of Tax beginning in July 2011 and as a tax manager for Marathon Oil Company beginning in 1996.
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David Whikehart



Mr. David L. Whikehart is Vice President - Environment, Safety and Corporate Affairs of the Company. Prior to this appointment, Mr. Whikehart served as vice president, Corporate Planning, Government & Public Affairs effective January 1, 2016 and director, Product Supply and Optimization beginning in March 2011. Previously, Mr. Whikehart served as director, Climate Change and Carbon Management beginning in 2010 and director, Business Development beginning in 2008.
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David Daberko



Mr. David A. Daberko is Lead Independent Director of the Company. Mr. Daberko serves as the Lead Director of Marathon Petroleum Corporation and on the boards of directors of MPLX GP LLC, a wholly owned indirect subsidiary of MPC, and RPM International Inc. Mr. Daberko joined National City Bank in 1968, and went on to hold a number of management positions with National City. In 1987, Mr. Daberko was elected deputy chairman of National City Corporation, a financial services corporation, which is now a part of The PNC Financial Services Group, Inc., and president of National City Bank in Cleveland. He served as president and chief operating officer of National City Corporation from 1993 until 1995, when he was named chairman of the board and chief executive officer. He retired as chief executive officer in June 2007 and as chairman of the board in December 2007. Mr. Daberko holds a bachelor’s degree from Denison University and a master’s degree in business administration from Case Western Reserve University. With nearly 40 years of experience in the banking industry, including 12 years as the chairman and chief executive officer of a large financial services corporation, Mr. Daberko has extensive knowledge of the financial services and investment banking sectors. He draws upon the depth of his expertise in accounting and financial management processes in his role on our Audit Committee and in serving as one of our named “audit committee financial experts.” He also has considerable experience from his service as a member of other public company boards of directors, including within the energy industry. Mr. Daberko brings to his role as our Lead Director his knowledge of public company financial reporting requirements and an understanding of the energy business.
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Frank Semple



Mr. Frank M. Semple is Director of the Company. Mr. Semple serves on the board of directors of MPLX GP LLC, a wholly owned indirect subsidiary of MPC. He was appointed to our Board in fulfillment of our commitment under the merger agreement between MPLX and MarkWest to appoint one director to our Board effective at the close of the merger. Mr. Semple served as vice chairman of MPLX GP LLC from the time of the MPLX/MarkWest Merger in 2015, until his retirement in 2016. He joined MarkWest in 2003, as president and chief executive officer, and was elected chairman of the board in 2008. Prior to joining MarkWest, Mr. Semple completed a 22-year career with The Williams Companies, Inc. and WilTel Communications. He served as the chief operating officer of WilTel Communications, senior vice president/general manager of Williams Natural Gas Company, vice president of operations and engineering for Northwest Pipeline Company and division manager for Williams Pipe Line Company. Prior to his time with Williams, Mr. Semple served in the United States Navy. Mr. Semple earned a bachelor’s degree in mechanical engineering from the United States Naval Academy and has completed the Program for Management Development at Harvard Business School. As the former chairman and chief executive officer of MarkWest, the master limited partnership acquired by MPLX, Mr. Semple has proven leadership abilities in managing a complex business and a deep understanding of the midstream sector. Mr. Semple has significant experience regarding operations, strategic planning, finance and corporate governance matters.
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Abdulaziz Alkhayyal



Mr. Abdulaziz F. Alkhayyal is Independent Director of the Company. Mr. Alkhayyal serves on the boards of directors of Halliburton Company and the International Youth Foundation. Mr. Alkhayyal joined Saudi Aramco, the Saudi Arabian national petroleum and natural gas company, in 1981, where he served in various company field operations. From 1993 to 1996, he served as a member of general management, and was then named vice president, Sales and Marketing in 1996, vice president Employee Relations and Training in 1997 and vice president, Corporate Planning in 1998. He was appointed senior vice president, International Operations in 2000, where he was responsible for the development of Saudi Aramco’s downstream international business. Mr. Alkhayyal was named senior vice president, Refining, Marketing and International in 2001 and senior vice president industrial relations in 2007. He served in this position until his retirement from Saudi Aramco in 2014. Mr. Alkhayyal received a bachelor’s degree in mechanical engineering in 1977, and a master’s degree in business administration in 1979, both from the University of California, Irvine. He attended the Advanced Management Program at the University of Pennsylvania in 1995.
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Evan Bayh



Sen. Evan Bayh is Independent Director of the Company. Senator Bayh is a senior advisor with Apollo Global Management, a leading global alternative asset management firm, and a partner with McGuireWoods LLP, a global diversified law firm. He is also a member of the boards of directors of Berry Plastics Group, Inc., Fifth Third Bancorp and RLJ Lodging Trust. As a former U.S. senator and the governor of Indiana, Senator Bayh has held numerous leadership positions. He was elected as Indiana’s secretary of state in 1986 and as its governor in 1988. After two terms as governor, Mr. Bayh was elected to the U.S. Senate where he served for 12 years. Senator Bayh’s committee assignments included Banking, Housing and Urban Affairs; Armed Services; Energy and Natural Resources; the Select Committee on Intelligence; Small Business and Entrepreneurship; and the Special Committee on Aging. During his time in office, he focused on job creation, national security, small business growth and many other critical domestic issues. Senator Bayh graduated with a bachelor’s degree in business economics from Indiana University in 1978 and a juris doctor degree from the University of Virginia in 1981. Senator Bayh served as an elected official at the statewide or federal level for more than two decades, first as the governor of the state of Indiana and later as a U.S. senator. As Indiana’s governor, Senator Bayh led large organizations with thousands of employees and oversaw budgets in the billions of dollars. During his time in the U.S. Senate, he served on the Banking Committee and as chairman of the International Trade and Finance Subcommittee. He now leverages his professional expertise as an advisor in private equity markets. His service on other public company boards of directors also exposes him to various industries and management approaches.
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Charles Bunch



Mr. Charles E. Bunch is an Independent Director of the Company. Mr. Bunch serves on the boards of directors of ConocoPhillips, Mondelez International, Inc. and The PNC Financial Services Group, Inc. Mr. Bunch joined PPG Industries, a global supplier of paints, coatings and other materials, in 1979, and held various positions in finance and planning, marketing, and general management in the United States and Europe. He later served as senior vice president of strategic planning and corporate services and executive vice president, Coatings. He was named president, chief operating officer and board member in 2002, and chairman and CEO in 2005. He retired as chief executive officer in 2015, and as chairman of the board in 2016. Mr. Bunch received a bachelor’s degree in international affairs from Georgetown University and a master’s degree in business administration from the Harvard University Graduate School of Business Administration. As the former chairman and chief executive officer of a large, multinational company, and a member of the boards of directors of ConocoPhillips, PNC and Mondelez, Mr. Bunch’s areas of expertise include an in-depth knowledge of the petroleum industry, the financial services industry, organizational and operational management, capital allocation and manufacturing. In addition, Mr. Bunch has a deep understanding of the U.S. economy and corporate finance. His current and former service on other boards of directors of public companies, including in the petroleum industry and the financial industry, have also provided him exposure to varying approaches to governance and leadership across several industry sectors.
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Steven Davis



Mr. Steven A. Davis is an Independent Director of the Company. Mr. Davis serves on the boards of directors of Sonic Corporation, the largest chain of drive-in restaurants in America, and Albertsons Companies, Inc., the second largest retail grocery chain in the United States. Mr. Davis served as the chairman and chief executive officer of Bob Evans Farms, Inc., a foodservice and consumer products company, from May 2006 to December 2014. He previously served on the board of directors for Walgreens Boots Alliance, Inc., a global retail pharmacy and healthcare company from 2009 to 2015. Prior to joining Bob Evans Farms in 2006, Mr. Davis served in a variety of restaurant and consumer packaged goods leadership positions, including president of Long John Silver’s and A&W All-American Food Restaurants. In addition, he held senior executive and operational positions at Yum! Brands’ Pizza Hut division and at Kraft General Foods. Mr. Davis holds a bachelor of science degree in business administration from the University of Wisconsin at Milwaukee and a master’s degree in business administration from the University of Chicago. As the former chairman and chief executive officer of a large foodservice and consumer products company, Mr. Davis has a wealth of experience in marketing products, managing a network of branded retail locations and dealing with the operational challenges presented by a customer service-oriented line of business. He also has expertise in mergers and acquisitions, management development, operations and sales and marketing. His current and former service on other boards of directors of public companies also informs his perspective. As a former chairman and corporate chief executive, Mr. Davis brings to our Board a relevant skill set developed through his direct responsibilities in overseeing the operations and financial performance of a large public company, and his diverse board experience on multiple Fortune 250 companies.
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Donna James



Ms. Donna Anita James is an Independent Director of the Company. Ms. James is managing director of Lardon & Associates, LLC, a business and executive advisory services firm. She is a member of the boards of directors of L Brands, Inc., Boston Scientific Corp. and FIS Group, Inc. Additionally, Ms. James is the founder and chair of The Center for Healthy Families in Columbus, Ohio, and is a former chair of the National Women’s Business Council. Before starting Lardon & Associates, Ms. James served in leadership positions with Nationwide Insurance and Financial Services, including as president of Nationwide Strategic Investments. Prior to that, she was executive vice president and chief administrative officer and held other executive positions at Nationwide, including that of executive vice president and chief human resources officer. Her responsibilities included leading several U.S. and internationally based subsidiary companies, a venture capital fund and new business development teams with responsibility for emerging opportunities in financial services. Ms. James graduated from North Carolina Agricultural and Technical State University with a bachelor of science degree in accounting. She is a non-practicing CPA. As a former senior executive in the insurance industry, Ms. James has expertise in finance, accounting, public company financial reporting requirements and business development. She also draws upon her broad executive experience in providing insight on matters of corporate management and talent acquisition. As a current and former member of other public company boards of directors, and as one of our named “audit committee financial experts,” Ms. James brings to her service on our Board and as the Chair of our Audit Committee a valuable perspective on many of the topics impacting our business, including financial reporting, risk management, business strategy and human resources.
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James Rohr



Mr. James E. Rohr is an Independent Director of the Company. Mr. Rohr serves on the boards of directors of Allegheny Technologies Incorporated, EQT Corporation, General Electric Company and ECHO Realty, LP. Additionally, he is on the board of directors of The Heinz Endowments, is chairman of the board of trustees of Carnegie Mellon University and a member of the boards of trustees of the University of Notre Dame and the Dietrich Foundation, and is a past chairman of the Pittsburgh Cultural Trust. He is also a board member emeritus of the Salvation Army and a member of the Allegheny Foundation. Mr. Rohr joined The PNC Financial Services Group, Inc., a financial services company, in 1972. After serving in various capacities of increasing responsibility and in several leadership roles, he was named chief executive officer in 2000. Mr. Rohr oversaw PNC’s expansion into new markets and led PNC to record growth. After more than 40 years of service with the company, he retired as chief executive officer in April 2013 and as executive chairman of the board in April 2014. Mr. Rohr earned a bachelor of arts degree from the University of Notre Dame in 1970 and a master’s degree in business administration from The Ohio State University in 1972. As the former chairman and chief executive officer of a large diversified financial services company, Mr. Rohr has proven leadership abilities in managing a complex business. His understanding of financial markets and his strategic vision are of particular value to the Company. Mr. Rohr serves on other public company boards of directors across a diverse range of business and industry sectors. He is uniquely positioned to offer guidance on the risk management oversight function of the Board, as well as in areas such as capital allocation, the evaluation of the capital structure of the Company and shareholder relations. Mr. Rohr brings considerable financial acumen and leadership ability to his service on our Board and as the Chair of our Compensation Committee.
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John Snow



Mr. John W. Snow Ph.D., is Independent Director of the Company. Mr. Snow is the non-executive chairman of Cerberus Capital Management, L.P. He is also a member of the boards of directors of Armada Hoffler Properties, Inc., Dominion Midstream Partners, LP. and Afiniti. Mr. Snow was sworn into office as U.S. Secretary of the Treasury in February 2003, where he served until leaving office in June 2006. Prior to becoming Secretary of the Treasury, he served as chairman and chief executive officer of CSX Corporation. He also held several high-ranking positions in the Department of Transportation during the Ford administration. Mr. Snow is a former co-chairman of the Conference Board’s Blue-Ribbon Commission on Public Trust and Private Enterprise. He also served as co-chairman of the National Commission on Financial Institution Reform, Recovery and Enforcement. Mr. Snow graduated with a bachelor’s degree from the University of Toledo in 1962. He also holds a master’s degree from Johns Hopkins University, a doctorate in economics from the University of Virginia and a juris doctor degree from George Washington University. Through his role as chairman of a leading private investment firm and his experience as the U.S. Secretary of the Treasury and as the chairman and chief executive officer of a large public company, Mr. Snow is uniquely qualified on a broad array of issues, including global economic conditions, corporate strategic direction, finance, government regulation and leadership. He also serves on the boards of directors of other public companies and is exposed to various views on corporate management and governance. Mr. Snow has considerable skill in various disciplines developed through his distinguished careers in both the private and public sectors. Other public company directorships during the past five years: Armada Hoffler Properties, Inc.; Dominion Midstream Partners, LP; Amerigroup Corporation; Verizon Communications, Inc.; International Consolidated Airlines Group.
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J. Michael Stice



Mr. J. Michael Stice is an Independent Director of the Company. Mr. Stice has served as the Dean of the Mewbourne College of Earth & Energy at The University of Oklahoma since August 2015. He also serves on the board of directors of U.S. Silica Holdings, Inc., a leading silica sand supplier. Mr. Stice retired as the chief executive officer of Access Midstream Partners L.P., a gathering and processing master limited partnership, in 2014 and from its board of directors in 2015. He had served as Access Midstream’s and Chesapeake Midstream Partners, L.P.’s chief executive officer since 2009, and as president and chief operating officer of Chesapeake Midstream Development, L.P., a wholly owned subsidiary of Chesapeake Energy Corporation and as senior vice president of natural gas projects of Chesapeake Energy Corporation since 2008. Stice began his career in 1981 with Conoco, working in a variety of positions of increasing responsibility. He was named president of ConocoPhillips Qatar in 2006. Mr. Stice holds a bachelor’s degree in chemical engineering from the University of Oklahoma, a master’s degree in business from Stanford University and a doctorate in education from George Washington University.
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John Surma



Mr. John P. Surma is an Independent Director of the Company. Mr. Surma is a member of the boards of directors of MPLX GP LLC, a wholly owned indirect subsidiary of MPC, Ingersoll-Rand plc and Concho Resources Inc. He serves as the chairman of the board of directors of the Federal Reserve Bank of Cleveland. He is also the chairman of the board of directors of the National Safety Council and is a member of the University of Pittsburgh Medical Center board. At the appointment of President Barack Obama, Mr. Surma served on the President’s Advisory Committee for Trade Policy and Negotiations from September 2010 to September 2014, and was its vice chairman. Mr. Surma retired as the chief executive officer of United States Steel Corporation, an integrated steel producer, in September 2013, and as executive chairman in December 2013. Prior to joining United States Steel, Mr. Surma served in several executive positions with Marathon Oil Corporation. He was named senior vice president, Finance & Accounting SuperAmerica LLC in 1998, senior vice president, Supply & Transportation of Marathon Ashland Petroleum LLC in 2000 and president of Marathon Ashland Petroleum LLC in 2001. Prior to joining Marathon, Mr. Surma worked for Price Waterhouse LLP where he was admitted to the partnership in 1987. In 1983, Mr. Surma participated in the President’s Executive Exchange Program in Washington, D.C., where he served as executive staff assistant to the vice chairman of the Federal Reserve Board. Mr. Surma earned a bachelor of science degree in accounting from Pennsylvania State University in 1976. As the retired chairman and chief executive officer of a large industrial firm, Mr. Surma has direct insight into many of the same opportunities, risks and challenges faced by our Company. His public accounting background also equips him with an understanding of public company financial reporting requirements that is useful in carrying out his oversight function as a member of our Board and our Audit Committee.

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  6. upload, post, email, transmit or otherwise make available any Content that infringes any patent, trademark, trade secret, copyright or other proprietary rights ("Rights") of any party;
  7. upload, post, email, transmit or otherwise make available any unsolicited or unauthorized advertising, promotional materials, "junk mail," "spam," "chain letters," "pyramid schemes," or any other form of solicitation, except in those areas (if any) that are expressly designated for such purpose;
  8. upload, post, email, transmit or otherwise make available any material that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or hardware or telecommunications equipment;
  9. disrupt the normal flow of dialogue, cause a screen to "scroll" faster than other users of the Service are able to type, or otherwise act in a manner that negatively affects other users' ability to engage in real time exchanges;
  10. interfere with or disrupt the Service or servers or networks connected to the Service, or disobey any requirements, procedures, policies or regulations of networks connected to the Service;
  11. intentionally or unintentionally violate any applicable local, state, provincial, national or international law, including, but not limited to, regulations promulgated by any National, State, Provincial or other Securities Commission or authority, any rules of any national or other securities exchange and any regulations having the force of law;
  12. stalk or otherwise harass another; or
  13. collect or store personal data about other users.

The user of the OilGasSX website acknowledges that OilGasSX does not pre-screen Content, but that OilGasSX and its designees shall have the right (but not the obligation) in their sole discretion to refuse or move any Content that is available via the Service. Without limiting the foregoing, OilGasSX and its designees shall have the right to remove any Content that violates the TOS or is otherwise objectionable. The user of the OilGasSX website agrees that it must evaluate, and bear all risks associated with, the use of any Content, including any reliance on the accuracy, completeness, or usefulness of such Content. In this regard, the user of the OilGasSX website acknowledges that the user of the OilGasSX website may not rely on any Content created by OilGasSX or submitted to OilGasSX, including without limitation information in OilGasSX Message Boards and in all other parts of the Service.

The user of the OilGasSX website acknowledges and agrees that OilGasSX may preserve Content and may also disclose Content if required to do so by law or in the good faith belief that such preservation or disclosure is reasonably necessary to: (a) comply with legal process; (b) enforce the TOS; (c) respond to claims that any Content violates the rights of third-parties; or (d) protect the rights, property, or personal safety of OilGasSX, its users and the public.

The user of the OilGasSX website understands that the technical processing and transmission of the Service, including the Content of the user of the OilGasSX website, may involve (a) transmissions over various networks; and (b) changes to conform and adapt to technical requirements of connecting networks or devices.

  1. SPECIAL ADMONITIONS FOR INTERNATIONAL USE

Recognizing the global nature of the Internet, the user of the OilGasSX website agrees to comply with all local rules regarding online conduct and acceptable Content. Specifically, the user of the OilGasSX website agrees to comply with all applicable laws regarding the transmission of technical data exported from the country in which the user of the OilGasSX website resides.

  1. CONTENT SUBMITTED OR MADE AVAILABLE FOR INCLUSION ON THE SERVICE

OilGasSX does not claim ownership of Content the user of the OilGasSX website submits or makes available for inclusion on the Service. However, with respect to Content the user of the OilGasSX website submits or makes available for inclusion on publicly accessible areas of the Service, the user of the OilGasSX website grants OilGasSX the following world-wide, royalty free and non-exclusive license(s), as applicable:

With respect to Content the user of the OilGasSX website submits or makes available for inclusion on publicly accessible areas of OilGasSX Message Boards and OilGasSX Groups, the license to use, distribute, reproduce, modify, adapt, publicly perform and publicly display such Content on the Service solely for the purposes of providing and promoting the specific OilGasSX Message Board or OilGasSX Group to which such Content was submitted or made available. This license exists only for as long as the user of the OilGasSX website elects to continue to include such Content on the Service and will terminate at the time the user of the OilGasSX website removes or OilGasSX removes such Content from the Service.

With respect to photos, graphics, audio or video the user of the OilGasSX website submits or makes available for inclusion on publicly accessible area of the Service other than OilGasSX Message Boards or OilGasSX Groups, the license to use, distribute, reproduce, modify, adapt, publicly perform and publicly display such Content on the Service solely for the purpose for which such Content was submitted or made available. This license exists only for as long as the user of the OilGasSX website elects to continue to include such Content on the Service and will terminate at the time the user of the OilGasSX website removes or OilGasSX removes such Content from the Service.

With respect to Content other than photos, graphics, audio or video the user of the OilGasSX website submits or makes available for inclusion on publicly accessible areas of the Service other than OilGasSX Message Boards or OilGasSX Groups, the perpetual, irrevocable and fully sub-licensable license to use, distribute, reproduce, modify, adapt, publish, translate, publicly perform and publicly display such Content (in whole or in part) and to incorporate such Content into other works in any format or medium now known or later developed.

"Publicly accessible" areas of the Service are those areas of OilGasSX's network of properties that are intended by OilGasSX to be available to the general public. By way of example, publicly accessible areas of the Service would include OilGasSX Message Boards and portions of OilGasSX Groups that are open to both members and visitors. However, publicly accessible areas of the Service would not include portions of OilGasSX Message Boards and OilGasSX Groups that are limited to members, OilGasSX services intended for private communication, or areas off of the OilGasSX's network of properties such as portions of World Wide Web sites that are accessible through the OilGasSX but are not hosted or served by the OilGasSX.

  1. INDEMNITY

The user of the OilGasSX website agrees to indemnify and hold OilGasSX, and its subsidiaries, affiliates, officers, agents, co-branders or other partners, and employees, harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of Content the user of the OilGasSX website submits, posts, transmits or makes available through the Service, the use of and connection to the Service by, the user of the OilGasSX website, the violation of the TOS or of any rights of another by the user of the OilGasSX website.

  1. NO RESALE OF SERVICE

The user of the OilGasSX website agrees not to reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of the Service, use of the Service, or access to the Service, including any intellectual property rights of OilGasSX or any person firm or corporation having posted information for availability through the Service.

  1. GENERAL PRACTICES REGARDING USE AND STORAGE

The user of the OilGasSX website acknowledges that OilGasSX may establish general practices and limits concerning use of the Service, including without limitation the maximum number of days that email messages, message board postings or other uploaded Content will be retained by the Service, the maximum number of email messages that may be sent from or received by an account on the Service, the maximum size of any email message that may be sent from or received by an account on the Service, the maximum disk space that will be allotted on OilGasSX's servers on behalf of the user of the OilGasSX website, and the maximum number of times (and the maximum duration for which) the user of the OilGasSX website may access the Service in a given period of time. The user of the OilGasSX website agrees that OilGasSX has no responsibility or liability for the deletion or failure to store any messages and other communications or other Content maintained or transmitted by the Service. The user of the OilGasSX website acknowledges that OilGasSX reserves the right to log off accounts that are inactive for an extended period of time. The user of the OilGasSX website further acknowledges that OilGasSX reserves the right to change the OilGasSX general practices and limits at any time, in its sole discretion, with or without notice.

  1. MODIFICATIONS TO SERVICE

OilGasSX reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. The user of the OilGasSX website agrees that OilGasSX shall not be liable to the user of the OilGasSX website or to any third party for any modification, suspension or discontinuance of the Service.

  1. TERMINATION

The user of the OilGasSX website agrees that OilGasSX, in its sole discretion, may terminate the password, account (or any part thereof) of the user of the OilGasSX website or the use of the Service, and remove and discard any Content within the Service, for any reason, including, without limitation, for lack of use or if OilGasSX believes that the user of the OilGasSX website has violated or acted inconsistently with the letter or spirit of the TOS or the OilGasSX Acceptable Use Policy. OilGasSX may also in its sole discretion and at any time discontinue providing the Service, or any part thereof, with or without notice. The user of the OilGasSX website agrees that any termination of the user's access to the Service under any provision of this TOS may be effected without prior notice, and acknowledges and agrees that OilGasSX may immediately deactivate or delete the user's account and all related information and files in the user's account and/or bar any further access to such files or the Service. Further, the user of the OilGasSX website agrees that OilGasSX shall not be liable to the user of the OilGasSX website or any third-party for any termination of its access to the Service.

  1. DEALINGS WITH ADVERTISERS

The correspondence or business dealings, or participation in promotions of, advertisers found on or through the Service by the user of the OilGasSX website, including payment and delivery of related goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between the user of the OilGasSX website and such business, promoter or advertiser. The user of the OilGasSX website agrees that OilGasSX shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the presence of such businesses, promoters or advertisers on the Service.

  1. LINKS

The Service may provide, or third parties may provide, links to other World Wide Web sites or resources. Because OilGasSX has no control over such sites and resources, the user of the OilGasSX website acknowledges and agrees that OilGasSX is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any Content, advertising, products, or other materials on or available from such sites or resources. The user of the OilGasSX website further acknowledges and agrees that OilGasSX shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such Content, goods or services available on or through any such site or resource.

  1. OilGasSX'S PROPRIETARY RIGHTS

The user of the OilGasSX website acknowledges and agrees that the Service and any necessary software used in connection with the Service ("Software") contain proprietary and confidential information that is protected by applicable intellectual property and other laws. The user of the OilGasSX website further acknowledges and agrees that Content contained in sponsor advertisements or information presented to the user of the OilGasSX website through the Service or advertisers is protected by copyrights, trademarks, service marks, patents or other proprietary rights and laws. Except as expressly authorized by OilGasSX or advertisers, the user of the OilGasSX website agrees not to modify, rent, lease, loan, sell, distribute or create derivative works based on the Service or the Software, in whole or in part.

OilGasSX grants the user of the OilGasSX website a personal, non-transferable and non-exclusive right and license to use the Service; provided that the user of the OilGasSX website does not (and does not allow any third party to) copy, modify, create a derivative work of, reverse engineer, reverse assemble or otherwise attempt to discover any source code, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in the OilGasSX website, the Software or the Content. The user of the OilGasSX website agrees not to modify the Software in any manner or form, or to use modified versions of OilGasSX website, the Software or the Content, including (without limitation) for the purpose of obtaining unauthorized access to the Service. The user of the OilGasSX website agrees not to access the Service by any means other than through the interface that is provided by OilGasSX for use in accessing the Service.

  1. DISCLAIMER OF WARRANTIES

The user of the OilGasSX website expressly understands and agrees that:

  1. Its use of the Service is at its sole risk. The Service is provided on an "AS IS" and "AS AVAILABLE" basis. OilGasSX expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose and non-infringement.
  2. OilGasSX makes no warranty that (i) the service will meet the requirements of the user of the OilGasSX website, (ii) the Service will be uninterrupted, timely, secure, or error-free, (iii) the results that may be obtained from the use of the Service will be accurate or reliable, (iv) the quality of any products, services, information, or other material purchased or obtained by the user of the OilGasSX website through the service will meet its expectations, and (v) any errors in the Software will be corrected.
  3. Any material downloaded or otherwise obtained through the use of the Service is done at the sole discretion and risk of the user of the OilGasSX website and that it will be solely responsible for any damage to its computer system or loss of data that results from the download of any such material.
  4. No advice or information, whether oral or written, obtained by the user of the OilGasSX website from OilGasSX or through or from the Service shall create any warranty not expressly stated in the TOS.
  5. It waives any claims it now has, or in the future may have, which gives or provides the user of the OilGasSX with any cause of action whatsoever.
  6. Notwithstanding any other provisions herein, user of the OilGasSX acknowledges that neither the OilGasSX or its Contributors, nor their affiliates or representatives shall be liable to the user of the OilGasSX, for special, incidental or consequential, special, direct or indirect damages arising directly or indirectly from any occurrence whatsoever (including without limitation loss of profits, loss of business opportunity, loss of property, of any nature whatsoever), whether or not such damages were foreseeable by the OilGasSX or its Contributors or any one of them was advised of the possibility of such damages and whether otherwise arising from any contractual, tortious acts or omissions of either party or of their respective affiliates or representatives, and whether or not it had any knowledge, actual or constructive, that such damages might be incurred for having relied on the material, information, data or the Content presented or forming part of any of the OilGasSX website, to make personal, medical, legal, tax, accounting, investment or financial decisions.
  7. The user of the OilGasSX accepts total responsibility for any agreement, understanding or relationship the user of the OilGasSX enters into with any of the Contributors. Further, the user of the OilGasSX understands, acknowledges and agrees that OilGasSX, in no manner whatsoever, endorses the said Contributors or whatever proposal may be presented by such Contributors and that OilGasSX shall not be held liable for any claims of any nature whatsoever arising or resulting from any thesis or proposal of any of the Contributors, or from any agreement, understanding, association, investment or relationship concluded, agreed, made or established between the user of the OilGasSX and any of the Contributors, of any type and for any reason whatsoever.
  8. The user of the OilGasSX hereby confirms that it qualifies as a sophisticated, accredited or professional investor", pursuant to all applicable legislation relating to the distribution and/or sale of securities.
  9. The user of the OilGasSX understands, acknowledges and agrees that it is its own responsibility to obtain independent legal, tax, financial, accounting, medical or other professional advice with respect to evaluating, agreeing, establishing and/or implementing any relationship or investment based on any of the material, information or strategies presented on the OilGasSX website. Further, it is highly recommended that the user of the OilGasSX take adequate time to review and evaluate whatever material or information received with whichever independent professional advisors the user of the OilGasSX deems appropriate.

The user of OilGasSX understands it must not rely on the information on this website as an alternative to legal advice from an attorney or other professional legal services provider. If the user of OilGasSX has any specific questions about any legal matter it should consult an attorney or other professional legal services provider. The user should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal action because of information on this website.

  1. LIMITATION OF LIABILITY

The user of the OilGasSX website expressly understands and agrees that OilGasSX shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if OilGasSX has been advised of the possibility of such damages), resulting from: (i) the use or the inability to use the Service; (ii) the cost of procurement of substitute goods and services resulting from any goods, data, information or services purchased or obtained or messages received or transactions entered into through or from the Service; (iii) unauthorized access to or alteration of transmissions or data of the user of the OilGasSX website; (iv) statements or conduct of any third party on the Service; (v) any agreement, understanding or relationship the user of the OilGasSX enters into with any of the Contributors or any other person or entity with whom it has been put in contact through the OilGasSX website; or (vi) any other matter relating to the Service.

  1. EXCLUSIONS AND LIMITATIONS

Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages. Accordingly, some of the above limitations of sections 17 and 18 may not apply to the user of the OilGasSX website.

  1. SPECIAL ADMONITION FOR SERVICES RELATING TO FINANCIAL MATTERS

If the user of the OilGasSX website intends to create or join any service, receive or request any news, messages, alerts or other information from the Service concerning companies, stock quotes, investments or securities, it is hereby urged to read the above Sections 17 and 18 again. These Sections apply with absolute rigor to the user of the OilGasSX website. In addition, for this type of information particularly, the phrase "LET THE INVESTOR BEWARE" is paramount. The Service is provided for informational purposes only, and no Content included in the Service is intended for trading or investing purposes. OilGasSX and its service providers and suppliers shall not be responsible or liable for the accuracy, usefulness or availability of any information transmitted or made available via the Service, and shall not be responsible or liable for any strategy, trading or investment decisions made based on such information.

  1. NOTICE

Notices to the user of the OilGasSX website may be made via either e-mail, fax or regular mail. The Service may also provide notices of changes to the TOS or other matters by displaying notices or links to notices to the user of the OilGasSX website generally on the Service.

  1. TRADEMARK INFORMATION

OilGasSX, the OilGasSX logo, the OilGasSX design, and the OilGasSX stylized, trademarks and service marks, and other OilGasSX logos and product and service names are trademarks of OilGasSX (the "OilGasSX Marks"). Without OilGasSX's prior permission, the user of the OilGasSX website agrees not to display or use in any manner, the OilGasSX Marks.

  1. GENERAL INFORMATION

The TOS constitute the entire agreement between the user of the OilGasSX website and OilGasSX and govern the use of the Service by the user of the OilGasSX website, superseding any prior agreements between the user of the OilGasSX website and OilGasSX. The user of the OilGasSX website also may be subject to additional Terms and Conditions that may apply when the user of the OilGasSX website uses affiliate services, third-party content or third-party software. The TOS and the relationship between the user of the OilGasSX website and OilGasSX shall be governed by the laws in force in the United Kingdom, without regard to its conflict of law provisions. The user of the OilGasSX website and OilGasSX agree to submit to the personal and exclusive jurisdiction of the courts located within the country of Great Britain. The failure of OilGasSX to exercise or enforce any right or provision of the TOS, the OilGasSX subscription documentation Terms and Conditions or the OilGasSX Acceptable Use Policy shall not constitute a waiver of such right or provision. If any provision of the TOS, the OilGasSX subscription documentation Terms and Conditions or the OilGasSX Acceptable Use Policy is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavour to give effect to the parties' intentions as reflected in the provision, and the other provisions of the TOS, the OilGasSX subscription documentation Terms and Conditions and the OilGasSX Acceptable Use Policy remain in full force and effect. The user of the OilGasSX website agrees that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Service or the TOS, the OilGasSX subscription documentation Terms and Conditions and the OilGasSX Acceptable Use Policy must be filed within one (1) year after such claim or cause of action arose or be forever barred. The section titles in the TOS are for convenience only and have no legal or contractual effect.

  1. ACCEPTABLE USE

For purposes of this Acceptable Use Policy ("AUP"), a "Customer" is defined to include any organization, individual, company or other entity with which OilGasSX Bonds Ltd (OilGasSX) has entered into any agreement or contract for the supply of services, including through the OilGasSX website. A Customer shall also be responsible for the use of the OilGasSX website by any subsidiaries, affiliates, partners, Authorized Staff, suppliers, clients, or any other person gaining access to the OilGasSX website in any manner whatsoever, that directly or indirectly utilize the OilGasSX website provided to the Customer.

The Customer may only use the OilGasSX website for lawful purposes. The use of the OilGasSX website in violation of any local or international legislation or regulation is prohibited. This includes, but is not limited to, transmission of proprietary or copyright material without the consent of the owner, material legally judged to be threatening, offensive, or obscene, and third party material protected by patent, trade secret or any other type of intellectual property right, whether or not the Customer was aware of the content of the material or of the relevant law.

OilGasSX will fully co-operate with investigations of suspected criminal violations and violations of systems or network security under the leadership of law enforcement authorities.

Use of any information obtained via the OilGasSX website is at Customers' own risk. OilGasSX is not responsible for the accuracy, quality, or content of information obtained through the OilGasSX website and or services.

All OilGasSX services are for end-user use only and may not be resold to third-parties without providing end-user information to OilGasSX.

The Customer will indemnify and hold OilGasSX harmless from any claim brought by third parties alleging that use of the OilGasSX website by the Customer has infringed any applicable local or international legislation or regulation. The Customer shall defend and pay all costs, damages, awards, fees (including reasonable legal fees) and final judgments awarded against OilGasSX arising from such claims. The Customer shall immediately give OilGasSX written notice of any claim the Customer is involved with or aware of. Should the Customer fail to do so, OilGasSX may defend such claims at the Customer's sole cost.

OilGasSX will cooperate with any law enforcement authorities having jurisdiction to discourage and resist abuses of acceptable use policies. OilGasSX reserves the right to take corrective action upon notification to OilGasSX of unacceptable use by the Customer. OilGasSX reserves the right, at its discretion and without notice, to remove any material or data and to block the use of the network for one or more users.

The Customer may not circumvent user authentication or security of any host, network, or account (referred to as "cracking" or "hacking"), reverse engineer, decompile, deconstruct any programming, nor interfere with service to any user, host, or network (referred to as "denial of service attacks").

The Customer is forbidden to send e-mail to any person who does not wish to receive it. It is explicitly prohibited to send unsolicited bulk mail messages ("junk mail" or "spam") of any kind (commercial advertising, financial and investment promotions, political tracts, announcements, etc.) or to post the same or similar messages to large numbers of newsgroups (excessive cross-posting or multiple-posting, also known as "USENET spam"). A Customer caught spamming on the OilGasSX, or who persist in the mass distribution of unsolicited e-mail messages, will be dealt with immediately in accordance with this AUP.

The OilGasSX website may be used by the Customer to link into other networks worldwide and the Customer agrees to conform to the acceptable use policies of these networks. The Customer agrees, through its own operations, not to cause disturbances, outages or other problems which may affect OilGasSX's network or network based equipment, or which may adversely affect OilGasSX's ability to provide services.

OilGasSX reserves the right to prohibit activities that violate this AUP or may damage its reputation.

OilGasSX will generally not monitor private electronic mail messages sent or received by its Customers but may conduct reasonable investigation of a Customer (i) if required by law or (ii) upon reasonable suspicion of a violation of this AUP to determine if there has been a violation or (iii) when public safety may require it. OilGasSX may at all time monitor usage of the OilGasSX website electronically to determine if it is operating satisfactorily.

OilGasSX may disclose its Customers' information or information transmitted by means of its facilities (i) to comply with legal requirements or (ii) where necessary to protect OilGasSX and others from harm or (iii) where such disclosure is necessary to the proper operation of the OilGasSX website.

The Customer acknowledges that OilGasSX is unable to exercise control over the content of information passing through its facilities or carried as a result of supplying the OilGasSX website and is therefore not responsible for that content.

OilGasSX reserves the right, at its discretion and without notice, to automatically filter, disconnect and/or deny access to any Customer who violates this policy. This remedy shall also be applied when the Customer has engaged in any of the foregoing activities by using the service of another provider and, channelling such activities through an OilGasSX account, re-mailer, or otherwise through the OilGasSX website, or using an OilGasSX account as a mail drop for responses or otherwise using the services of another provider for the purpose of facilitating the foregoing activities, if such use of another party's service could reasonably be expected to adversely affect the OilGasSX website. OilGasSX reserves the right, where feasible, to implement technical mechanisms which block multiple postings as described above before they are forwarded or otherwise sent to their intended recipients.

Violation of this AUP (direct or indirect, including by a third party) entitles OilGasSX to remove immediately the offending material, establish immediate or temporary filtering, deny access, suspend or terminate one or more subscriptions to the OilGasSX website, or take any other appropriate action, as determined by OilGasSX in its sole discretion, in addition to any remedies provided by any agreement to provide access to the OilGasSX website. OilGasSX may give notice of violations but OilGasSX reserves the right to act without notice when necessary, as determined by OilGasSX in its sole discretion. Nothing in this AUP is to be construed to limit OilGasSX's actions or remedies in any way with respect to any of the foregoing activities, and OilGasSX reserves the right to take any additional actions it may deem appropriate with respect to such activities, including without limitation, taking action to recover the cost of identifying offenders and terminating their access to the OilGasSX website, and charging to cover OilGasSX's costs in the event of such termination of access or like situation. OilGasSX may co-operate with other service providers to discourage and resist abuses of acceptable use policies. OilGasSX reserves the right to take corrective action upon notification to OilGasSX of unacceptable use on other networks. The OilGasSX website may be linked to other networks world-wide and the Customer agrees to conform to the acceptable use policies of these networks. The Customer agrees, through its operations, not to cause disturbances, outages or other problems which may affect OilGasSX's or any other network or network based equipment, or which may adversely affect OilGasSX's ability to provide access to the OilGasSX website.

Nothing contained in this AUP shall be construed to limit OilGasSX's actions or remedies in any way with respect to any of the foregoing activities, and OilGasSX reserves the right to take any and all additional actions it may deem appropriate with respect to such activities, including without limitation, taking action to recover the costs and expenses of identifying offenders and removing them from the OilGasSX website, and levying cancellation charges to cover OilGasSX's costs in the event of disconnection of dedicated access for the causes outlined above. In addition, OilGasSX reserves at all times all rights and remedies available to it with respect to such activities at law or in equity.

Customer will indemnify and hold OilGasSX harmless from any claim brought by third parties relating to the Customer's use of the OilGasSX website. The Customer must defend and pay all damages and costs (including legal fees) arising from such claims. The Customer must immediately notify OilGasSX of any claim or potential claim, within the Customer's knowledge, involving the Customer related to the OilGasSX website. Failure to do so gives OilGasSX the right to defend such claims at Customer's sole cost and expense.

OilGasSX is committed to providing quality service to all of its Customers. While the AUP may appear harsh, OilGasSX believes it is necessary to ensure that it is able to provide professional, efficient, stable service within an environment of security and trust which its Customers may require and come to expect from an organization such as OilGasSX.

This AUP is subject to change. Please contact us with any questions regarding the policy or to report a breach of AUP.

OUR PRIVACY POLICY

OilGasSX Limited ("We") are committed to protecting and respecting your privacy.

This policy (together with our Terms and Conditions sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully as this privacy policy explains what happens to any personal data that you provide to us, or that we collect from you whilst you visit our site.

We do update this policy from time to time so please do review this policy regularly.

Information we collect

We may collect and process the following data about you:

IP Addresses

We may collect information about your computer, including where available your IP address, operating system and browser type, for system administration and to report aggregate information to our advertisers. This is statistical data about our users' browsing actions and patterns, and does not identify any individual.

Cookies

Our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site.  Certain areas of the website such as member areas are not accessible if cookies are disabled.

Storing Your Personal Data

In operating our website, it may become necessary to transfer data that we collect from you to locations outside of the European Union for processing and storing. By providing your personal data to us, you agree to this transfer, storing or processing. We do our upmost to ensure that all reasonable steps are taken to make sure that your data is treated stored securely.

Unfortunately, the sending of information via the internet is not totally secure and on occasion such information can be intercepted. We cannot guarantee the security of data that you choose to send us electronically, sending such information is entirely at your own risk.

Uses made of the information

We use information held about you in the following ways:

Disclosure of your information

We may disclose your personal information to any member of our group, which means our subsidiaries, our ultimate holding company and its subsidiaries, as defined in section 1159 of the UK Companies Act 2006.

We may disclose your personal information to third parties.

In the event that we sell or buy any business or assets, in which case we may disclose your personal data to the prospective seller or buyer of such business or assets.
 

If OilGasSX Limited or substantially all of its assets are acquired by a third party, in which case personal data held by it about its customers will be one of the transferred assets.

If we are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our terms of use or to protect the rights, property, or safety of our customers, or others. This includes exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction.

Your rights

You have the right to ask us not to process your personal data for marketing purposes. We will usually inform you (before collecting your data) if we intend to use your data for such purposes or if we intend to disclose your information to any third party for such purposes. You can exercise your right to prevent such processing by checking certain boxes on the forms we use to collect your data.

Our site may, from time to time, contain links to and from the websites of our partner networks, advertisers and affiliates. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

Access to information

The Data Protection Act 1998 Act (the “Act”) gives you the right to access information held about you. Your right of access can be exercised in accordance with the Act. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

Changes to our privacy policy

Any changes we may make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

Contacting Us

Please do not hesitate to contact us regarding any matter relating to this privacy policy.

OilGasSX - Regulated Disclaimer

OilGasSX (“OGSX”) allows securities to be listed via The Startup Stock Exchange ("SSX”), under a Joint Venture Agreement (“JV”) between the parties. SSX provides securities exchange related services, such as Brokerage and Listing Advisory, enabling the owners of startups and small businesses to attract qualified global investors to buy shares of their companies on a public stock exchange, the Dutch Caribbean Securities Exchange N.V. ("DCSX"), thereby providing access to a regulated and transparent marketplace for all participants.

SSX Advisors Corp is a licensed Listing Advisor and SSX Brokers NV is a licensed broker, of the Dutch Caribbean Securities Exchange N.V. The DCSX is a self-regulating securities exchange, located on Curacao, licensed by the Ministry of Finance and supervised by the Central Bank of Curacao and St. Maarten.

Investing in startups involves very high risks and it should be done only as part of a diversified investment portfolio. OGSX is targeted solely at investors and companies who are sophisticated enough to understand the high risks of startup investments and make their own decisions.

OGSX has both a quotation service and a listing service. If a company is denoted as ‘Quoted” it means the data presented is for information purposes only. It does not host a listing on the platform and has not been approved by our external listing committee. In some cases the quoted companies may be listed on another recognised stock exchanges globally and in this case it will be made apparent.

OGSX hosts companies conducting an IPO and also shows companies under review. We have no restrictions on contacting these companies as a result of information found on our site and in such a case no liability for any resulting transaction will be the responsibility of OGSX.

OGSX has acquired IP to internally conduct AML (Anti Money Laundering) and KYC (Know Your Client) procedures fully vetted and approved by our regulating Central Bank. This activity must be overseen and approved in each case by an authorised AML officer.

OilGasSX Limited is a UK registered Limited Liability company. It does not have any regulation inside the UK as it provides services outside the Financial Services Act. OGSX is a FinTech solution for a sector based Stock Exchange regulated by its partners via the DCSX. The OGSX platform is a fully automated trading system complete with company on-boarding systems, electronic trade matching, clearance and settlement as well as Investor and researcher portals.

OGSX collects huge quantities of raw and unique data within the medical marijuana sector. It uses this inside smart algorithms to provide key and vital data to all parties in a fully transparent structure. All data is obtained from reliable and independent sources.

All trading conducted on OGSX will be via SSX Brokers NV. A brokerage account with SSX is required in order to trade. Applications to open accounts will be available in Q4 2017.