Directors

W. David Lyons
Chairman and
Chief Executive Officer

Winchester,
United Kingdom
Mr. Lyons has been associated with oil and gas developments since the early 1980s. He is Chairman and CEO of Orca Exploration Group Inc. and previously the Non-Executive Chairman of EastCoast Energy Corporation. Prior to that, he was President and CEO of PanOcean Energy Corporation and predecessor companies including Ocelot Energy Inc. and PanAfrican Energy Corporation. As PanOcean's CEO, he led the company from its modest startup in Gabon into becoming a significant sub-Saharan player with production approaching 20,000 barrels of oil a day. In 2006 PanOcean was acquired by Addax Petroleum Corporation for $1.6 billion in cash. Mr. Lyons holds a Bachelor of Laws degree from Queen's University and a Bachelor of Arts degree from University of Calgary.

David W. Ross
Non-Executive Director

Calgary, Alberta
Canada

Mr. Ross has extensive experience in international and tax law and is a partner in the Calgary-based law firm of Burnett Duckworth & Palmer. He has served as Secretary to the Board since the establishment of the Company in 2004.

William H. Smith
Non-Executive Director

Calgary, Alberta
Canada

William Smith is a former partner and counsel at McCarthy Tetrault Barristers and Solicitors. He previously served as an executive officer of two publicly traded Canadian energy companies and is currently Vice Chair of Mosaic Capital Corporation, a publicly traded Canadian investment corporation.

Robert Wynne
Chief Financial Officer

Calgary, Alberta
Canada

Robert Wynne was formerly Chief Financial Officer of Pan-Ocean Energy Corporation Limited and is currently Chairman and CEO of Stafford Corporation, an independent investment banking and advisory firm. He was also a former Chief Executive Officer, Managing Director and Chief Operating Officer of Canoro Resources Ltd., a TSXV junior international oil and gas exploration and development company.