Wayne K. Foo President and CEO

Mr. Foo has over 30 years of experience in exploration and production of oil and gas, with the last 18 years in executive roles in companies ranging from start-up to senior independent producers. He is currently the President and CEO of Parex Resources Inc, a Canadian public company active in South America and the Caribbean. From 2003 to 2009 he was a founder and later President and CEO of Parex’s 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 began his career with the Chevron companies and progressed through roles with increasing responsibilities in the western Canada basin, Canadian frontier basins, Papua Niugini, Alaska and other regions. In 1996, he joined Archer Resources Ltd, a Canadian public company, as President and Chief Operating Officer. Upon the sale of Archer to Dominion Resources Inc. in 1998, Mr. Foo remained with Dominion as President of the Canadian subsidiary leading that company through a tripling in size through exploration, exploitation and acquisition activities before leaving in 2002 to initiate entrepreneurial activities that culminated in the establishment of Petro Andina.

Mr. Foo has acted as a participant and Chairman of numerous joint venture management committees, domestically and internationally, as well as acting on the Board 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 Operations and Reserves 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 and Geoscientists of Alberta (APEGA).

Kenneth G. Pinsky Chief Financial Officer

Mr. Pinsky has 25 years of in depth financial experience both in Canada and international, with the last 15 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.

Barry B. Larson Chief Operating Officer

Mr. Larson has 39 years of oil and gas industry experience, 20 of which have been in foreign operations.  Mr. Larson was a resident of Argentina from 1994 – 1997 where he received extensive operating experience both as Drilling Manager for Chauvco Resources from 1994 – 1996 and Manager of Operations for Chauvco Argentina from 1996 to 1997 and then Vice President of Operations for Chauvco Resources International from January 1998 to June 1998. Mr. Larson was a co-founder and Vice President of Aventura Energy Inc. from August 1999 to May 2004, a company that operated in Argentina as well as Trinidad & Tobago. In January 2003, Mr. Larson was named Vice President Operations and Country Manager of Vermilion Oil and Gas (Trinidad) Ltd., a position he held until May 2004. During this time Mr. Larson resided in Trinidad and Tobago, where Vermilion Oil and Gas (Trinidad), the local operating subsidiary of Aventura Energy Inc. developed the Carapal Ridge gas discovery (approx. 1.0 TCF), obtaining a gas contract, tieing in the field and constructing gas processing facilities.   In 2004 Mr. Larson joined the newly founded Petro Andina Resources as Vice President Operations and COO, a position he held until the company was sold in 2009.  Since 2009 and the inception of Parex Resources, Mr. Larson has served as Vice President Operations and COO. Mr. Larson holds a diploma in Hydrocarbon Engineering Technology from the Northern Alberta Institute of Technology.

David R. Taylor Executive Vice President, Exploration & Business Development

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 was responsible for 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 on Western Canada, 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 Director of Geoscience BC.

Stuart R. Davie Vice President Human Resources & Administration

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.