DIRECTORS & MANAGEMENT

Toufic Chahine - Director and Chairman, Interim President and Chief Executive Officer

Mr. Chahine is Chairman and operations manager for Levant Grain Ltd., a Beirut, Lebanon-based importer and exporter of grain products.  He has been a senior officer with the Crest Group and its affiliates for over 20 years. Mr. Chahine has been responsible for Crest's activities in the Eastern Mediterranean region including the evaluation of prospective investments in the oil and gas sector.  Mr. Chahine is Chair of the Audit Committee.

Roger Bethell - Director

Mr. Bethell has worked as a geological consultant on a number of international projects which include offshore Vietnam, Kazakhstan, the Delta Project in Nigeria and projects in Alberta and Saskatchewan, Canada. Mr. Bethell, acting as a consultant on these projects, provided a liaison with the property owners, governments and the JV partners.

Allan Bezanson - Director

Mr. Bezanson is the Managing Partner of Cornerstone Capital Partners, a Toronto-based investment bank specializing in structuring and facilitating private equity investments in energy, resources and early stage technology sectors. Previously, he was President and Partner at Oballan Capital and Osprey Capital. Mr. Bezanson is a member of the Audit Committee.

Pamela Powers - Director

Ms. Powers is an officer with Gulf America LNG, LLC and the Executive Vice President and Chief Financial Officer of Crest Investment Company, a US-based consortium of companies investing in and operating global projects. She holds both CPA and Attorney designations. Ms. Powers is a member of the Audit Committee.

Michelle Upton - Director

Ms. Upton is Vice President of Crest Investment Company, a US-based consortium of companies investing in and operating global projects.