Board of Directors

Audit Committee
Compensation Committee

Paul Charron is presently the President and CEO of CanEra Energy Corp., a private oil and gas company, and is the former President and Chief Executive Officer of CanEra Resources Inc., a private oil and gas company acquired by Legacy Oil & Gas Inc. in mid-2010. Following the acquisition of CanEra Resources, Paul joined the board of directors of Legacy Oil & Gas Inc. Previously, he was President and Chief Executive Officer of Canetic Resources Trust and its predecessor, Acclaim Energy Trust. Paul also previously held the position of Vice President, Finance and CFO of Ketch Energy Ltd., senior positions with the Investment Banking group of BMO Nesbitt Burns Inc. and was Vice President, Finance of Morrison Petroleum Ltd. He has also served as a director of a number of public companies in the oil and gas industry. Paul holds a Bachelor of Commerce degree from the University of Ottawa and is a Chartered Accountant.

A Chartered Accountant by training, David Drybrough is a Winnipeg native and until January of 2004, was Vice-President, Finance of Gendis Inc., following his retirement in 1997 as a partner of Coopers and Lybrand (now known as PricewaterhouseCoopers LLP). Prior to that, David served as an auditor with the firm of Deloitte Plender Haskins and Sells (now Deloitte & Touche).

John Feick holds bachelor and doctorate degrees in Chemical Engineering. Presently, John is Chairman of Matrix Solutions Inc., a provider of environmental remediation and reclamation services. John is also Chairman and a partner of Kemex Engineering Ltd., which offers engineering and design services to the petrochemical, refining and gas processing industries. John previously served as a Senior Vice President of NOVA Corporation and President and Chief Operating Officer of Novacor Chemicals, a subsidiary of NOVA Corporation from 1984 to 1994.

Bob Iverach has been in practice as a tax lawyer in Calgary for more than 35 years. Bob practiced with Felesky Flynn LLP from May, 1978 until December, 2005. Bob has extensive experience dealing with financial statements, financial planning and tax matters pertaining to a large array of public and private corporations, partnerships, income trusts and individuals. Bob has been a member of the Law Society of Alberta since 1972. Bob graduated from the University of Calgary with a Bachelor of Arts degree, from the University of Alberta with a Bachelor of Laws degree and from the London School of Economics with a Masters of Laws degree in 1971. Bob has completed the program offered by the Institute of Corporate Directors, including sessions devoted to Audit Committee functions, and is entitled to use the designation ICD.D.

Rebecca McDonald has served as Chief Executive Officer of Laurus Energy Inc. since December, 2008. Laurus Energy Inc. is involved in underground coal gasification project development. Rebecca has more than 25 years experience in the energy industry. Rebecca has been responsible for the development, construction and operation of natural gas and liquids pipelines, gas and electricity distribution companies, as well as power plant and gas processing facilities in North America, Asia, Africa and South America. Rebecca previously served as President, Gas and Power, BHP Billiton from March 2004 to September 2007, and, from October 2001 to January 2004, she served as President of the Houston Museum of Natural Science. Rebecca holds a Bachelor of Sciences degree in Education from Stephen F. Austin State University.

Steve Mulherin joined Polar Capital partnership in 1997 and opened the Polar office in Calgary. He has experience as both an operator and private equity investor. Steve was the CEO and Chairman of Wittke Inc. prior to its sale in 2002. In addition, he has acted as CEO of an international construction company with over $700 million in revenues and 3500 employees before it was successfully sold. He has participated on numerous boards and is a Governor and Vice Chair of Strathcona Tweedsmuir School. Prior to joining Polar, Steve was Chief Financial Officer and VP Corporate Development of a major a Canadian diversified operating company in transportation and energy services and prior to that, with a major Canadian bank in Corporate Banking. Steve received a Bachelor of Arts degree from Queen's University and is a graduate of the Executive Management Program at Stanford University's Graduate School of Business.

Bob Reid has more than 30 years of experience in the energy industry. Before his retirement in 2008, Bob served as the Chair and a Director of the British Columbia Transmission Corporation from 2003 to 2008 and as the President of Duke Energy's Canadian operations from 2002 to 2003. Before Duke Energy's acquisition of Westcoast Energy Inc. in 2002, Bob served as Executive Vice President and Chief Operating Officer of Westcoast. Prior to his term as Executive Vice President of Westcoast Energy, Bob served in a number of senior positions in the Canadian energy industry and in government service, including: President and CEO of Union Gas Ltd., President of Westcoast Energy International Ltd., President and CEO of Pan Alberta Gas Ltd., President of Foothills Pipelines, Executive-Director of the Independent Petroleum Association, and Deputy Minister of Energy and Mines for Saskatchewan, his home Province. Bob is an honorary Life Member of the Canadian Gas Association and has been inducted into the Saskatchewan Oilmen's Hall of Fame. Bob is a graduate of the University of Saskatchewan.

Corporate Governance and Nominating Committee
Chair of the Environmental, Health and Safety Committee

Henry Sykes is President and a director of MGM Energy Corp. MGM Energy Corp. is a Canadian energy company focused on the acquisition and development of hydrocarbon resources in Canada's Northwest Territories and Arctic regions. Henry was President of ConocoPhillips Canada from 2001 to 2006. Prior thereto, he was Executive Vice-President, Business Development of Gulf Canada Resources. He began his career as a lawyer and specialized in mergers and acquisitions, securities and corporate law. Henry has a Bachelor of Arts in economics from McGill University and a law degree from the University of Toronto.

Bert Valdman is Senior Vice President of Strategic Planning for Edison International. Bert is responsible for directing the strategy of Edison International, which is the parent company of Southern California Edison, one of the largest utilities in the U.S., and Edison Mission Group, an independent power producer and provider of capital and financial services. Prior to joining Edison International, Bert was Executive Vice President and Chief Operating Officer of Puget Sound Energy where he was responsible for regulated electric and natural gas distribution operations, as well as the Customer Service, Information Technology, and Community Affairs functions. He also served as Puget Energy’s Chief Financial Officer from 2003 through 2007. Before joining Puget Energy, Bert was managing director with JP Morgan where he spent 16 years in a variety of positions in the investment bank in New York and Paris. Bert serves on a variety of community boards, including Lakeside School, Overlake Hospital, Puget Sound Blood Center, and the Pacific Northwest Ballet. He is also a faculty member of the University of Idaho College of Business and Finance Utility Executive Program. Bert has a Bachelor’s degree in history from Northwestern University and master’s and doctoral degrees from Stanford University.

Stephen White was born in Matamata, New Zealand in 1957 and immigrated to Canada in 1980. His Post Secondary education was conducted at the Waikato Technical Institute, which he completed in 1978. Stephen received his accounting designation (A.C.A.) from the New Zealand Institute of Chartered Accountants in 1981. Stephen worked from 1980 to 1983 with Price Waterhouse (now PricewaterhouseCoopers LLP) in the audit practice with an emphasis on small business and oil and gas. Stephen started working with Chauvco Resources Ltd. in 1983 where he served as Controller. From 1983 to 1997, Stephen held numerous positions within Chauvco until it was sold to Pioneer Natural Resources in late 1997, for approximately $1.2 Billion. He was involved in co-creating Fort Chicago Energy Partners L.P., the predecessor to Veresen Inc., in September 1997, raising a total of $380 Million. Mr. White was also involved in co-creating Western Oil Sands Inc. in 1999, raising nearly $1 Billion in equity and debt financing.