Corporate

Mr. Johnson is an engineer who received his engineering degree from the University of Manitoba. He worked for Imperial Oil and Exxon until the early 1980's and then went into the independent oil business. Mr. Johnson has been involved with a number of companies in the Canadian oil and gas industry, including as CEO of ELAN Energy which was sold in 1997. Since 2002 he has been an independent investor through a family company, KristErin Resources. Mr. Johnson has been a director of many public and private companies in the energy business over the past 20 years. He is currently a director of Gran Tierra Energy, Chairman of US Oil Sands Inc., and some private companies including Statoil Canada. He has also been a member of the board of Calgary Opera for 12 years.

Mr. Heinz Juergen Klaus Scholz is a Physicist and Engineer. In the 1980's Mr. Scholz built factories and telecommunication networks in the Former Soviet Union. After the German Reunification he also advised Soviet Ministries regarding the negotiations on the sale of Russia's East German telecommunication network to Deutsche Telecom. He has worked in collaboration with scientific institutes in the Russian Federation. Mr. Scholz plays a critical role in targeting, appraising and subsequently acquiring the rights to major oil and gas assets in the Former Soviet Union and its satellite countries.

Mr. Scott is the Founder and Chairman of Gran Tierra Energy (GTE.TO), a South American based E & P company with a current market capitalization of $2.4 bn. He is also President of Postell Energy Co. Ltd., a 31 year old private oil company operating in Western Canada. Mr. Scott has extensive mergers, acquisitions and public company experience. Over the last 28 years he has been involved in a variety of capacities from founder to officer and/or director of numerous publicly traded companies. He was a co-founder and director of Saxon Energy Services an international drilling company. Mr. Scott is currently also a director of Tuscany International Drilling Inc., Petromanas Energy Inc. and Gallic Energy Ltd.

Mr. Scott holds a Bachelor of Arts degree from the University of Calgary, and a Masters of Business Administration from California Coast University.

Gerard Protti is Chairman of the Board of FT Services, and is Vice- Chair of Alberta Innovates Technology Futures and the Energy Policy Institute of Canada. He is also on the Board of SAIT Polytechnic. Mr. Protti has 35 years of experience in the private and public energy sectors. This includes 14 years in several executive officer roles at PanCanadian Petroleum and EnCana Corporation including marketing, operations, new ventures, offshore and international development and corporate relations. He is past Chairman of the Canadian Association of Petroleum Producers and the Canadian Chamber of Commerce. He has graduate and undergraduate degrees in economics from the University of Western Ontario and University of Alberta respectively.

Dr. Werner Ladwein received his doctorate in Geology and Mineralogy from the University of Innsbruck, Austria, and holds a MBA from the Webster University, USA.

Dr. Ladwein has more than 30 years of business experience in the oil and gas industry. From 1992 to 2004 he served OMV Group, an Austrian oil and gas company, as General Manager in Libya, Albania and Pakistan. From 2004 to 2008 Dr. Ladwein was Executive Director of Exploration and Production at Petrom, largest oil and gas producer in South Eastern Europe, and Member of the Board. Since 2009 Dr. Ladwein is an independent oil and gas consultant.

Mr. Vogel received his Degree in Business Administration and Economics from the University of Zurich, Switzerland in 1992. He received his MBA from the University of Chicago, Booth Business School in March 2003. Mr. Vogel was employed as a CFA, senior financial analyst at Bank Sal. Oppenheim, Zurich, Switzerland from 2000 to July 2005. He was Vice President of the HSBC Research Department in Guyerzeller, Zurich, Switzerland from 1999 to 2000. From 1998 to 1999 he was Vice President of the Research Department of Orbitex Finance. He was a Portfolio Manager and Assistant to the Bank's Executive Committee of Societe Generale from 1995 to 1998. From 1993 to 1995 he was the Finance and Regulatory Associate and Regulatory Analyst at Merrill Lynch Capital Markets. He has been a member of the Swiss CFA Society, formerly Swiss Society of Investment Professionals, since 1999 and a member of the CFA Institute, formerly Association of Investment Management and Research, since 1999. Mr Vogel brings extensive knowledge in structuring financial transactions. Mr. Vogel serves on the Board of Directors of several companies.

Gordon Keep has extensive business experience in investment banking and creating public natural resource companies. Mr. Keep currently is Executive Vice-President of Fiore Financial Corporation, a private boutique merchant banking firm. He also serves as an officer and/or director for several natural resource companies. From January 2001 to July 2007, Mr. Keep was Managing Director of Corporate Finance at Endeavour Financial Corporation, September 1997 until March 2004, he was Senior Vice President and a director of Lions Gate Entertainment Corp., and from April 1987 until October 1997, he was Vice President, Corporate Finance in the Natural Resource group of Yorkton Securities Inc. He obtained his B.Sc. in Geological Science from Queen's University in 1979 and his Master's of Business Administration from the University of British Columbia in 1983 and is a Professional Geologist in the province of British Columbia.

Mr. McNamara has over 30 years of oil and gas exploration and production experience in Canada, the USA, South America, and the Asia Pacific region. He received his MBA from the University of Calgary in 1988, and a B.Sc. in Mining Engineering from the University of Alberta in 1976. Mr. McNamara is a Member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta and past Governor of the Canadian Association of Petroleum Producers. From August 2005 to August 2010, he was the President of BG Canada and responsible for all aspects of BG Canada's business, including developing a growth strategy for western/northern Canada as well as Alaska. Prior to that he held several senior executive positions with Exxon Mobil/Imperial Oil Resources, Exxon Mobil Canada Energy Ltd. and Mobil Oil Canada.