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BKV Appoints Dilanka Seimon as Company’s First Chief Commercial Officer

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BKV (NYSE: BKV) has appointed Dilanka Seimon as its first Chief Commercial Officer, effective immediately. In this newly created position, Seimon will focus on strengthening the company's commercial midstream, gas marketing, and new products teams, while leveraging its carbon capture, utilization and sequestration (CCUS) portfolio.

Seimon brings over 20 years of experience in the energy sector, having previously served as Executive Vice President and Chief Commercial Officer at EnLink Midstream (NYSE: ENLC). His prior roles include Vice President of Alternative Energy at Energy Transfer and Vice President Sales and Marketing at BHP.

The appointment aligns with BKV's strategy to enhance its position in upstream, midstream, carbon capture, and power market operations, with a focus on delivering sustainable energy and carbon-neutral natural gas production.

BKV (NYSE: BKV) ha nominato Dilanka Seimon come suo primo Chief Commercial Officer, con effetto immediato. In questa posizione appena creata, Seimon si concentrerà sul rafforzamento del team commerciale midstream, marketing del gas e nuovi prodotti dell'azienda, sfruttando il suo portafoglio di cattura, utilizzo e stoccaggio del carbonio (CCUS).

Seimon porta con sé oltre 20 anni di esperienza nel settore energetico, avendo precedentemente ricoperto il ruolo di Executive Vice President e Chief Commercial Officer presso EnLink Midstream (NYSE: ENLC). Le sue esperienze precedenti includono Vice President of Alternative Energy presso Energy Transfer e Vice President Sales and Marketing presso BHP.

La nomina è in linea con la strategia di BKV di migliorare la sua posizione nelle operazioni upstream, midstream, cattura del carbonio e mercato dell'energia, con un focus sulla fornitura di energia sostenibile e produzione di gas naturale carbon-neutral.

BKV (NYSE: BKV) ha nombrado a Dilanka Seimon como su primer Director Comercial, con efecto inmediato. En esta nueva posición, Seimon se centrará en fortalecer los equipos comerciales de midstream, marketing de gas y nuevos productos de la empresa, aprovechando su cartera de captura, utilización y almacenamiento de carbono (CCUS).

Seimon aporta más de 20 años de experiencia en el sector energético, habiendo sido anteriormente Vicepresidente Ejecutivo y Director Comercial en EnLink Midstream (NYSE: ENLC). Sus roles anteriores incluyen Vicepresidente de Energía Alternativa en Energy Transfer y Vicepresidente de Ventas y Marketing en BHP.

La designación se alinea con la estrategia de BKV para mejorar su posición en las operaciones upstream, midstream, captura de carbono y mercado energético, con un enfoque en ofrecer energía sostenible y producción de gas natural carbono-neutral.

BKV (NYSE: BKV)는 Dilanka Seimon을 첫 번째 최고 상업 책임자로 즉시 임명했습니다. 이 새로 창설된 직위에서 Seimon은 회사의 상업 중간, 가스 마케팅 및 신제품 팀을 강화하는 데 집중하고, 탄소 포집, 활용 및 저장(CCUS) 포트폴리오를 활용할 것입니다.

Seimon은 에너지 분야에서 20년 이상의 경험을 보유하고 있으며, 이전에는 EnLink Midstream (NYSE: ENLC)에서 부사장 겸 최고 상업 책임자로 재직했습니다. 그의 이전 직책에는 Energy Transfer의 대체 에너지 부사장과 BHP의 판매 및 마케팅 부사장이 포함됩니다.

이번 임명은 BKV가 업스트림, 미드스트림, 탄소 포집 및 전력 시장 운영에서의 입지를 강화하려는 전략에 부합하며, 지속 가능한 에너지 및 탄소 중립 천연가스 생산을 제공하는 데 중점을 둡니다.

BKV (NYSE: BKV) a nommé Dilanka Seimon en tant que premier Directeur Commercial, avec effet immédiat. Dans ce nouveau poste, Seimon se concentrera sur le renforcement des équipes commerciales midstream, de marketing gaz et de nouveaux produits de l'entreprise, tout en tirant parti de son portefeuille de capture, d'utilisation et de stockage du carbone (CCUS).

Seimon apporte plus de 20 ans d'expérience dans le secteur de l'énergie, ayant précédemment occupé le poste de Vice-Président Exécutif et Directeur Commercial chez EnLink Midstream (NYSE: ENLC). Ses précédents rôles incluent Vice-Président de l'Énergie Alternative chez Energy Transfer et Vice-Président des Ventes et du Marketing chez BHP.

Cette nomination s'inscrit dans la stratégie de BKV visant à renforcer sa position dans les opérations en amont, en milieu de chaîne, de capture du carbone et sur le marché de l'énergie, avec un accent sur la fourniture d'énergie durable et la production de gaz naturel neutre en carbone.

BKV (NYSE: BKV) hat Dilanka Seimon als ersten Chief Commercial Officer ernannt, mit sofortiger Wirkung. In dieser neu geschaffenen Position wird Seimon sich darauf konzentrieren, die kommerziellen Midstream-, Gasmarketing- und Produktentwicklungsteams des Unternehmens zu stärken und dabei das Portfolio zur Kohlenstoffabscheidung, -nutzung und -speicherung (CCUS) zu nutzen.

Seimon bringt über 20 Jahre Erfahrung im Energiesektor mit, nachdem er zuvor als Executive Vice President und Chief Commercial Officer bei EnLink Midstream (NYSE: ENLC) tätig war. Zu seinen früheren Positionen gehören Vice President für alternative Energien bei Energy Transfer und Vice President für Vertrieb und Marketing bei BHP.

Die Ernennung steht im Einklang mit der Strategie von BKV, ihre Position in den Bereichen Upstream, Midstream, Kohlenstoffabscheidung und Energiewirtschaft zu stärken, mit dem Fokus auf die Bereitstellung nachhaltiger Energie und die Produktion von kohlenstoffneutralem Erdgas.

Positive
  • Appointment of experienced executive with 20+ years of expertise in energy sector
  • Strategic expansion into CCUS and sustainable energy markets
  • Strengthening of commercial operations across multiple segments
  • Enhanced focus on carbon-neutral natural gas production
Negative
  • None.

DENVER--(BUSINESS WIRE)-- BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced it has appointed Dilanka Seimon as Chief Commercial Officer, effective immediately. In this newly created role, Seimon will be responsible for strengthening the Company’s commercial midstream, gas marketing and new products teams, leveraging its carbon capture, utilization and sequestration (“CCUS”) portfolio and strong tailwinds in power demand.

BKV Appoints Dilanka Seimon as Company’s First Chief Commercial Officer

BKV Appoints Dilanka Seimon as Company’s First Chief Commercial Officer

A seasoned global energy executive with over 20 years of expertise across the energy value chain, Seimon has held strategy and commercial leadership roles across the upstream and midstream energy industries, driving strategic transformation and growth at companies spanning production, consumption, trading, and transportation of diverse energy commodities. He brings a proven track record in developing midstream assets, marketing upstream portfolios, advancing low-carbon initiatives, and large-scale contract negotiations and stakeholder engagement.

“Dilanka has broad, highly relevant experience within publicly traded companies identifying strategic and commercial opportunities, successfully setting and managing market development and expansion expectations with key stakeholders through multiple stages of growth,” said Chris Kalnin, CEO of BKV. “His extensive background in advancing markets for gas, power and carbon, combined with his strategic vision, will be critical as we aim to strengthen BKV’s position in the upstream, midstream, carbon capture and growing power market with a focus on driving long-term value. We all look forward to working with him in building upon BKV’s strong foundation for growth.”

Most recently, Seimon served as Executive Vice President and Chief Commercial Officer at EnLink Midstream (NYSE: ENLC), responsible for businesses across gathering, processing, transport, storage and terminal services in the oil, gas, NGL, and carbon segments. Prior to EnLink, he served as Vice President of Alternative Energy at Energy Transfer and as Vice President Sales and Marketing at BHP, leading teams responsible for logistics and marketing of BHP's global oil, gas, NGL, and LNG production portfolio, as well as energy procurement for BHP. Previously, he held various roles in natural gas trading, marketing, and origination.

Seimon is a graduate of the General Management Program at Harvard Business School. He also received a Master of Business Administration from Duke University's Fuqua School of Business and a Bachelor of Science in Economics from Georgia College & State University.

“I strongly believe in BKV’s market opportunity to advance its vision of delivering sustainable energy across the fast-growing gas and power markets,” said Seimon. “The company’s market-leading platform for the safe and profitable production of carbon neutral natural gas is well-positioned for scale-up and I am very excited to join BKV’s executive team to help drive superior execution in the years ahead.”

About BKV Corporation

Headquartered in Denver, Colorado, BKV Corporation (BKV) is a forward-thinking, growth-driven energy company focused on creating value for its stockholders. BKV's core business is to produce natural gas from its owned and operated upstream assets. BKV’s overall business is organized into four business lines: natural gas production; natural gas gathering, processing and transportation; power generation; and carbon capture, utilization and sequestration. BKV (and its predecessor entity) was founded in 2015, and BKV and its employees are committed to building a different kind of energy company. BKV is one of the top 20 gas-weighted natural gas producers in the United States and the largest natural gas producer by gross operated volume in the Barnett Shale. BKV Corporation is the parent company for the BKV family of companies.

Forward-Looking Statements

The information in this press release includes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements, which are not historical facts, include statements regarding BKV’s strategy, future operations, prospects, plans and objectives of management, and often contain words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “budget,” “plan,” “seek,” “envision,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements discussed in BKV’s filings with the United States Securities and Exchange Commission (the “SEC”), including the “Risk Factors” section of the prospectus filed by BKV with the SEC on September 27, 2024. BKV undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

SOURCE: BKV Corporation

Media Contact

Becky Escott

BKV Corporation

Senior Director, Corporate Communications

media@bkvcorp.com

Investor Contacts

David Tameron

BKV Corporation

Chief Financial Officer

Caldwell Bailey

ICR, Inc.

BKVIR@icrinc.com

Source: BKV Corporation

FAQ

What are Dilanka Seimon's main responsibilities as BKV's new Chief Commercial Officer?

Seimon will strengthen BKV's commercial midstream, gas marketing, and new products teams, while leveraging the company's CCUS portfolio and power demand opportunities.

What is Dilanka Seimon's previous experience before joining BKV?

Seimon was EVP and CCO at EnLink Midstream, VP of Alternative Energy at Energy Transfer, and VP Sales and Marketing at BHP, with over 20 years of energy sector experience.

How does BKV plan to benefit from Seimon's appointment?

BKV aims to strengthen its position in upstream, midstream, carbon capture, and power markets, focusing on sustainable energy delivery and long-term value creation.

What is BKV's strategic focus in the energy market?

BKV focuses on safe and profitable production of carbon neutral natural gas, with expansion plans in gas and power markets through sustainable energy initiatives.
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Oil & Gas E&P
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United States
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