Directors

W. David Lyons
Chairman and
Chief Executive Officer

Gibraltar
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.

Glenn Gradeen, P.Eng.
Non-Executive Director

Calgary, Alberta
Canada

Glenn Gradeen is a Professional Engineer with over 35 years of Canadian and international petroleum industry experience. As President, CEO and a Director of Tangle Creek Energy Ltd., he heads a private company focused on high margin, light oil and liquids rich natural gas projects in Western Canada. Mr. Gradeen spearheaded the financing of Tangle Creek Energy in 2011, raising approximately $185 million of equity capital. The company produces high margin, light sweet crude oil and maintains a strong balance sheet.

Prior to Tangle Creek, Glenn was Chief Operating Officer of Cirrus Energy Corporation (TSXV) and President and CEO of Berkana Energy (TSX). He started his career in the late 1970s in Calgary, Alberta at Ocelot Energy (TSX). At Ocelot he rose to become President and Chief Operating Officer. In that capacity he oversaw the acquisition and disposition of over $1 billion of oil and gas properties.

Alan Knowles
Non-Executive Director,

Calgary, Alberta
Canada

 E. Alan Knowles has 19 years experience as an oil and gas analyst, most recently from 2000 to 2014 with Haywood Securities Inc. where he covered at various times senior, intermediate and international oil and gas companies. In 2010 Mr. Knowles was awarded the Overall Top Stock Picker Award by Starmine Canada. Prior to working as an analyst he worked in the oil and gas industry for 21 years in various senior financial management positions, most recently as Vice President Finance and Chief Financial Officer of a junior Canadian producer. He currently serves as a non-executive director and Chairman of the Audit Committee of Niko Resources Ltd.

Mr. Knowles earned a Bachelor of Commerce degree from the University of Calgary, and holds Chartered Financial Analyst (CFA) and Chartered Professional Accountant (CPA, CMA) designations. He is a member of the Institute of Corporate Directors and has completed the Corporate Directors’ Audit Committee Effectiveness course. Mr. Knowles is Chairman of the Orca Audit Committee.

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.