iStore’s management team averages 20 years working for petroleum companies around the world, giving them deep experience in leveraging data for the best possible results. The team not only has an impressive array of skills in the E&P sector, but also has a solid IT background to implement oil and gas best practices onto technological platforms.
Barry Irani, President & Chief Executive Officer
Prior to joining iStore in 1997, Barry spent 25 years at Enserch Exploration Inc., where he served in various technical and management positions, including EVP of Operations. His responsibilities included worldwide operations, acquisitions and divestitures, interaction with the financial community, and raising capital in the equity markets. In addition, Barry has served on multiple boards including Canyon Reef Carriers, MediSend International, UpstreamInfo.com, RETC, and SB International. He was also on the Chairman’s Advisory Council of the Oil and Natural Gas Corporation of India and the Petroleum Engineering Advisory Board at the University of Oklahoma.
Barry earned a Bachelor’s degree in Physics and Chemistry from the University of Bombay, Bachelor and Master’s degrees in Petroleum Engineering from the University of Oklahoma, and is a graduate of the Harvard Business School Program for Management Development.
Mark Eikermann, Chief Operating Officer
Mark began his career working for small and large oil and gas company asset teams in various roles including production operations analyst, performing land and title work, and working property acquisitions and divestitures. Mark then moved to Paradigm Technologies managing the delivery and implementation of their operational software. Mark served as Senior VP at P2 Energy Solutions for seven years, and as the Senior Director at Oracle Corporation managing technology, product development, and delivery in the Energy Division (6 years). Prior to the role of COO, Mark served as EVP of Product Development and Support for the iStore for 4 years. Mark is currently responsible for the company’s sales, product development, product management, marketing, customer support, and professional services organizations.
Mark graduated with a Bachelor of Arts in Economics and a Master of Science in Global Energy Management from the University of Colorado.
Cyrus Irani, Chief Financial Officer
Cyrus began his career at McKinsey & Company in Houston where he worked on strategic advisory studies throughout the energy value chain for Fortune Global 100 companies and private equity clients in North America, Europe, and Asia. He subsequently worked as an energy private equity investor at Quantum Energy Partners, a Houston firm that has managed over $10 billion since inception and at Ziff Brothers Investments, the principal investment vehicle for the Ziff family in New York, where he was a Director. Prior to working at the iStore Cyrus reported to the CFO of Sheridan Production Company, a North American onshore oil and gas company in Houston, where he was responsible for managing corporate finance tasks and initiatives for three private equity funds totaling $4.6 billion.
Cyrus graduated with Phi Beta Kappa honors from Emory University with degrees in Economics and Mathematics where he was a Robert W. Woodruff scholar.
Iain Morison, Ph.D., Chief Technology Officer
Iain launched his career at Marconi Avionics, later moving to ICI where he worked in process control and computer-aided design. He then joined the British National Oil Company (BNOC) in 1981. In the following 12 years, as BNOC became Britoil and was later acquired by BP, Iain worked on a variety of systems, covering the technical and business aspects of oil exploration and production. He then spent several years with the Petrotechnical Open Software Consortium (POSC) developing standards to improve integration and information sharing within the industry.
Iain holds a Master of Arts degree in Natural Sciences from the University of Cambridge and a PhD in Physics from Leicester University in the United Kingdom.
Oscar Teoh, Chief Knowledge Officer
Oscar pioneered 3D seismic interpretation workstation software at Texas Instruments introducing interactive concepts into the workplace. He joined Sohio in 1981 and led software engineers from Standard Oil and BP in the implementation of integrated workstations. In the early 1990s he helped create POSC and served as Technical Director for the industry-standards group. He then served as the principal investigator for BP’s knowledge management initiative to facilitate collaboration between global virtual teams and knowledge-based systems to capture best practices within teams and organizations.
Oscar received his Bachelor and Master’s degrees in Electrical Engineering from the University of Texas in Austin.
David Rains, Ph.D., Executive Vice President
Before joining the iStore team, David worked with an investment banking group assisting companies in formulating strategies, defining business models and plans, and raising capital. David has held the COO position at Publishers Discount Warehouse, Bluegate Systems and Excalibur Industries. He then held the position of EVP for business development for a specialty ISP owned by Cisco Systems piloting fixed wireless broadband technology in the United States and Latin America. Prior to these positions David provided consulting services developing management information systems, primarily for Merrill Lynch.
David received a bachelor and master’s degree from Baylor University, where he was a National Merit Scholar, and his doctoral degree from the University of Texas at Austin.