By OGJ editors
HOUSTON, Aug. 27 -- Igor Effimoff has been appointed chief operating officer of Steamboat Springs, Colo.-based Teton Petroleum Co. Teton conducts its active business solely through a 50% ownership interest in Goltech Petroleum LLC, a Texas limited liability company. Goltech operates through ownership of a 70.59% interest in Goloil, a Russian joint stock company that owns the Eguryak license in Western Siberia (OGJ Online, May 14, 2002).
Most recently, Effimoff served as president of Pennzoil Caspian Corp. While with Pennzoil, he oversaw the company's Caspian region interests, which included the Azerbaijan International Oil Consortium. Effimoff began his career in 1972 as a geologist with Royal Dutch/Shell Group. Since 1981, he has worked with a number of independent oil and gas firms in a senior management capacity.