Founding Partners
PMIG´s six founding partners each have more than 25 years of international experience in the industry in a wide variety of management roles related to geology, petroleum engineering, petroleum economics, energy policy, regulatory, business development, M&A and finance among others.
Our Founding Partners
Algimantas Didziulis
Founding partner and member of the Investment Committee
Mr. Didziulis is an entrepreneur, investor, business advisor and member of various boards of directors. He has held several executive positions such as president/CEO, vice-president, general manager, country manager in Colombia, Venezuela and the United States for companies and institutions such as Enbridge, Citcol and Ocensa, TransCanada and Transgas de Occidente, Iamgold, Petroforte Oil and Gas (listed on the TSX-V), Fenix Oil and Gas, Magnolia (listed on the TSX-V), Correval Oil and Gas Investment Fund, Iberoamericana University, Edospina, Mirador Comunicaciones, Datalog, Fundación Juan Pablo Gutierrez Caceres, Colombian Canadian Chamber of Commerce, Distral, among others. He has more than 35 years of business experience mostly related to the oil and gas midstream and upstream, oil and gas services, water treatment, higher education, engineering, fabrication and engineering in the areas of mergers and acquisitions, divestitures, re-organizations, financial and legal structuring of transactions, negotiations with partners, strategic clients and governments, and corporate governance. He is an Industrial Engineer, with post graduate studies in, alternative power systems and business administration (MBA). Algimantas Didziulis is a co-founder, partner and board member of PMIG.
Douglas Montgomery
Founding partner and member of the Investment Committee.
Mr. Montgomery is the CEO of the general partner of a private equity fund focused on large infrastructure investments. He has been an independent advisor and consultant structuring large infrastructure greenfield projects, mergers and acquisitions. He has been a board member in natural gas, refined products and oil transportation companies. Until 2018, he was the head of business development for Latin America at Enbridge Inc., where he held several management positions including President for Enbridge Colombia SAS, Oleoducto al Pacifico SAS, Director Investor Relations, Director Commercial Affairs Europe and the Middle East. Earlier in his career he worked for TransCanada and BP. He holds a B.A. in Economics from UCLA and has finance management studies in O&G exploration and production from the University of North Texas, Denton..
José María Jaramillo
Founding partner
and VP Exploration.
Dr. Jaramillo is the General Director of GMAS SAS, a company that offers geoscientific solutions and consulting through a multidisciplinary team of scientists and labs that are equipped with high tech instruments as wireless™ seismic acquisition systems, Jeol 6700 FE SEM, XRD and XRF, petrophysical and petrography labs. He was Vice-president of exploration at LAEFM, a fund management company that operated the Colombian Private Investment Fund from 2005 through 2015. LAEFM invested $350 million with a return on investment close to 25%. Prior to joining LAEFM, José María was Exploration Coordinator at TEPMA Colombia (a Total company), geophysical expert for EPMI (Malaysia) and project leader in the Middle Magdalena and Cordillera Oriental for ESSO Colombia. Dr. Jaramillo holds a PhD Geology from the University of Houston (1980), a Master of Arts in Geology from Rice University (1976) and is Engineering Geologist from the Universidad Nacional de Colombia-Medellin.
Edgar Aguirre
Founding partner
and VP Technical and Economics.
Mr. Aguirre is a highly experienced Oil and Gas industry executive with over 40 years of experience executing exploration and production projects in Colombia. He has held various technical and management positions including: Operations and New Business Development Manager at Petrobras Colombia, and other technical and management positions at Texaco, Hocol, and Exxon. Most recently he was President and CEO of PetroColombia. He has extensive experience leading teams during the evaluation and execution of exploration, production and enhanced recovery opportunities, and has been directly involved in the discovery and development of multiple oil and gas fields in the Putumayo, Guajira, Catatumbo, Llanos, and Magdalena basins in Colombia. He was the General Director of the “Comisión Interinstitucional de Hidrocarburos (CIH)”, a technical organization created with the objective to defend and promote the oil industry in Colombia, from 2015 to 2016. He is a specialist in hydraulic fracturing and holds a Petroleum Engineering degree from the Universidad Industrial de Santander.
Miguel de Armas
Founding partner
and VP Exploration.
Mr. de Armas is a promoter of conventional and unconventional oil and gas exploration areas in Colombia with a focus on the Eastern Cordillera, Lower Magdalena, Middle Magdalena, Upper Magdalena and Llanos sedimentary basins. He is also promoter of geothermal in co-production. Mr de Armas was Technical Vice President and Knowledge Management Manager for the Agencia Nacional de Hidrocarburos (ANH) for 2 years. Also Mr De Armas worked as Manager of Exploration for Nexen Petroleum Colombia for 10 years and. He worked for Chevron Petroleum Company in Colombia and Venezuela as a senior geologist for 12 years. He is a Geologist from the Universidad Nacional de Colombia and holds a Master of Science in Exploration from the University of Leicester (UK).