Mr Watts has worked as a senior broker in both London and New York, chartering VLCC, Suezmax and Aframax tankers to the Far East and Singapore, European, American, Indian and Chinese markets, shipping billions of barrels of oil worldwide.
He has worked in companies including BP, Shell, Elf, ExxonMobil, ChevronTexaco, Hess, Sun Oil, Maraven, Cities Service (now Citgo) and Tenneco.
Kelly Sundberg, founder of Grid Petroleum, said: “I am delighted to have Paul on board with Grid at such an exciting time in our development. The experience he brings to the table will prove invaluable in our upcoming acquisitions in Wyoming and everyone at Grid is looking forward to working alongside someone of his blue-chip industry exposure”.
