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Press Release | 06/03/2026

Promethean Energy Appoints Martyn Fear as Chief Operating Officer

HOUSTON, TX — [March, 2026] — Promethean Energy’s newly-appointed Chief Operating Officer brings many critical qualities to a team redefining Late- to End-of-Life asset management. Martyn Fear is a proven operations and wells leader with board experience at numerous private equity and venture capital-backed firms. He has served as chairman for groundbreaking, commercially successful technologies. But he also ticks the box that matters most to Founder and CEO Aditya Singh: A complete alignment on vision, strategy and how to make tough decisions that will fuel Promethean’s growth.

Announced today, Fear’s appointment as COO represents a key milestone for Promethean, a company in the midst of scaling its integrated model for Late- to End-of-Life asset management including offshore decommissioning.

Fear brings more than three decades of global oil and gas leadership experience spanning operations, turnaround management, safety performance, and portfolio transformation. He has held senior executive roles across major operators and private-equity-backed energy companies, most recently serving as CEO of Altamesa Energy Canada.

His career has taken him from technical roles at the wellsite to board-level leadership across international markets. In his new role, Fear will oversee day-to-day operations and the execution of Promethean’s integrated operator-service model. Singh will continue to play a central role in the company’s long-term strategy, innovation, and capital alignment.

“Martyn is a proven leader with a deep operational track record and a passion for building high-performance, safety-first organizations,” said Singh. “As Promethean enters its next phase—scaling our integrated operator-service model and delivering first-time-right decommissioning at pace—his experience in transforming complex asset portfolios and leading global teams makes him the ideal COO to drive operational execution while we continue to advance our strategic vision.”

Fear said he is joining Promethean at a pivotal moment for the energy sector.

“Promethean has built a differentiated platform for managing and retiring late-life assets safely, efficiently, and responsibly,” said Fear. “The industry is facing a structural shift as decommissioning moves to the forefront, and the opportunity to combine operational excellence, disciplined project delivery, and innovative commercial models is incredibly compelling. I’m excited to work with Aditya and the team to scale this approach and deliver measurable value for operators, regulators, and stakeholders.”

Promethean Energy is at the forefront of a new approach to mature asset management. This approach integrates diagnostics, digital technologies, structured execution, and environmental accountability to reduce risk, improve capital efficiency, and ensure permanent well integrity.

“With Martyn leading operations, we are strengthening our ability to execute complex campaigns at scale while continuing to innovate in how late-life assets are managed,” Singh added. “This leadership structure positions Promethean to accelerate growth in the Gulf of America and expand our model into new markets.”

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