Wayne K. Foo Chief Executive Officer

Mr. Wayne Foo has over 30 years of experience in exploration and production of oil and gas, with the last 20 years in executive roles in companies ranging from start-up to senior independents producers. He is currently the Chief Executive Officer (CEO) of Parex Resources Inc, a Canadian public company active in Colombia. From 2003 to 2009 he was a founder and later President and CEO of Parex’ predecessor, Petro Andina Resources Inc. Petro Andina grew exclusively through the drill bit to operate 30,000 bopd in Argentina, where the company recognized, explored and developed a new heavy oil trend that comprised a significant extension to the Neuquén Basin.

Mr. Foo has served on the Boards of Directors of publicly traded, private and not-for profit organizations. He is currently a director of Pengrowth Energy Corporation where he is Chairman of the Reserves, Operations, Health, Safety and Environment Committee. He holds a Bachelor of Science in Geology degree from the University of Calgary and a Masters of Science in Geology from Queen’s University. Mr. Foo is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, the American Association of Petroleum Geologists and the Canadian Society of Petroleum Geologists. In 2014 Mr. Foo was the recipient of the Stanley Slipper Gold Medal from the Canadian Society of Petroleum Geologists which is presented annually for outstanding contributions to oil and gas exploration in Canada, and in 2003 he received the President’s Award for outstanding contributions to the Society.

David R. Taylor President

Mr. Taylor’s career been focused on exploration, production and business development activities since entering the oil and gas sector in 1981. He served as Vice President, Business Development of Petro Andina Resources from 2007 to 2009 and led Petro Andina’s entry into Colombia. Formerly Vice President, Exploration and International Operations with Husky Energy, Mr. Taylor directed its global oil and gas exploration efforts which focused in Western Canada, the Canadian Frontiers and Southeast Asia, and he also provided oversight for international production and development operations. Prior to his position with Husky Energy, Mr. Taylor served as Vice President, Exploration for Renaissance Energy where he focused on high-impact natural gas plays in the Foothills, Deep Basin and northeast British Columbia regions. He has also held various management, business development and senior technical positions with Chauvco Resources, Imperial Oil Resources and Exxon Production Research in Houston, TX.

Mr. Taylor graduated from McMaster University with a Master of Science (Geology) in 1981 and holds a Bachelor degree in Geology from the University of Pennsylvania. He is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, the Canadian Society of Petroleum Geologists and the American Association of Petroleum Geologists and is a former Director of Geoscience BC.

Kenneth G. Pinsky Chief Financial Officer

Mr. Pinsky has over 25 years of in depth financial experience both in Canada and international, with the last 16 years holding senior financial positions in the upstream oil and gas sector focusing on equity and debt financing, corporate planning, merger and acquisitions, corporate governance, taxation, reporting and investor relations. Mr. Pinsky served as Vice President Finance and Chief Financial Officer of Petro Andina Resources from 2008 to 2009. Previously, he was a founder, officer and board member of Argent Energy Inc. a private exploration and production company, which was sold in 2008. From 2001 to 2004, he was the Chief Financial Officer of Ultima Energy Trust, a TSX listed intermediate sized royalty trust with operations in the Western Canadian Sedimentary basin. Mr. Pinsky was the Chief Financial Officer until the sale of that entity to Petrofund Energy Trust. Mr. Pinsky was the Director of Finance for the Altana Exploration group of companies, which were private oil and gas concerns owned by a NYSE listed US utility from 1997 until their sale in 2001. Mr. Pinsky began his career with Price Waterhouse in 1987 and completed assignments in the areas of audit and assurance, taxation, insolvency, corporate restructuring and corporate finance.

Mr. Pinsky graduated from the University of Calgary in 1987 with a Bachelor of Commerce degree. He is currently a member of the Canadian Institute of Chartered Accountants and is a Chartered Financial Analyst.

Stuart R. Davie Vice President Corporate Services

Mr. Davie has over thirty years of experience in Human Resources in the energy sector, with broad expertise and knowledge in leading international and domestic HR, Information Technology and Administration functions that support business strategy and objectives. Mr. Davie’s international experience includes new country entry and operations in Colombia, Ecuador, Argentina, Brazil, Iraq, Chad, Yemen, Qatar, Oman and the United States. He joined Parex’ predecessor company, Petro Andina Resources Inc., in 2009 as Director Human Resources and Administration. Previous to that role, Mr. Davie was employed with WesternZagros Resources Ltd. as General Manager Human Resources & Administration from 2007 to 2009 and with its predecessor company, Western Oil Sands Inc. as Manager Human Resources from 2006 to 2007. He held progressively more responsible roles with EnCana Corporation from 1988 to 2005, including Human Resources leadership positions in international divisions. Mr. Davie started his career with Syncrude Canada Limited in operations in 1977, moving to an Employee Relations role in 1980. His career with Syncrude included a Human Resources assignment with Esso Petroleum Canada, Sarnia Refinery.

Mr. Davie holds a Bachelor of Arts degree in Political Science and Economics from St. Francis Xavier University and his career training and development includes completing the Advanced Human Resources Executive Program, University of Michigan Business School.