Members of the Corporation's executive management team have strong experience in the international energy sector, established over many years, and have played leading roles in the development of shareholder value at both the project, corporate and investor level.

Michael I.T. Wood - President & CEO

Mr. Wood is an experienced energy professional with a track record covering over 20 years in the UK and international oil and gas industries. His particular expertise of senior executive and financial/commercial management has been gained with both large multi-national and small independent companies. Mr. Wood worked with Conoco Inc. ("Conoco") for ten years in Europe and North Africa and was part of its successful senior UK management team that achieved the fast track development of a significant number of major exploration and production capital projects and the development and implementation of Conoco's integrated gas strategy. Mr. Wood has also worked in senior positions as a director, chief executive officer and a president of several independent, publicly quoted exploration and production companies. He was also President and Chief Executive of Heritage Oil Corporation ("Heritage"), a TSX-listed company, from 1999 to 2003, a period during which the underlying value of Heritage grew significantly.

John Willis - Chief Operating Officer

Mr. Willis is a Chartered Engineer with a BSc in Mechnical Engineering with over 30 years extensive UK and international energy sector experience gained with both multi-national and independent oil and gas companies, a leading energy finance bank and in senior consultancy roles. He spent 14 years with Conoco UK Limited where he held a series of senior project management, production engineering and business development positions. He played a major part in the successful implementation of Conoco’s UK integrated gas strategy which included the UK’s first ever off-specification gas off take system. In 1994 he joined the energy finance team of Barclays de Zoete Wedd (now Barclays Capital) and was intimately involved in advising on, and the structuring of, a variety of international upstream and downstream oil and gas related financings and in 2000 he co-founded Consort Resources, an independent UK gas company where, as Managing Director-Operations, he was directly responsible for all day to day operations of the company. On its successful disposal in 2003, Consort was one of the top ten gas producers in the UK. John Willis is currently a director of consultants TransMed International and he is the Treasurer of the Libyan British Business Council.

Hywel R. R. John - Chief Financial Officer

Mr. John is a UK Chartered Accountant having qualified with Arthur Andersen in London. He worked for seven years in public accounting in London and Houston during which time he focused on clients in the energy sector. He has subsequently spent 16 years in senior positions in the oil industry and his responsibilities have included management of joint venture investments and legal affairs, treasury, tax planning, M&A, corporate finance and financial and management reporting. His international experience includes operations in central Asia, India, Russia, Middle East and North Africa, West Africa, USA and the UK North Sea. Most recently he served as Company Secretary and Legal and Commercial Director for Burren Energy plc, a London-based UK listed company acquired for $3.5 billion by Eni in February 2008. Mr. John holds an MA (Honours) degree in Economics and Law from Trinity College, Cambridge University.

John A. Clarke - Executive Vice President - Corporate

Mr. Clarke has over 30 years international experience in the energy sector, including 18 years of exploration and production experience within the Texaco group of companies and as a member of Texaco Inc.'s global exploration planning group. Mr. Clarke has a broad capital markets background, including over eight years as a Vice President and Senior Oil & Gas analyst with Deutsche Bank and Octagon Capital Corporation. He has established relationships across the Canadian and International oil and gas industry, as well as with the "institutional buy side". Mr. Clarke built and managed the Canadian oil and gas research group for Deutsche Bank Securities (Canada), and was ranked top North American Oil & Gas analyst in 2003 and 2004 by Forbes/Starmine.

Dr. Donald Munn - Executive Vice President - Business Development

Dr. Munn has broad industry experience in the managerial, commercial and technical aspects of the exploration and production industry, gained at senior positions at Royal Dutch Shell, Energy Resource Consultants and Atlantis Technology Ltd. ("Atlantis"). This experience has been gained over a period of 26 years with larger (Shell) and smaller independent companies as well as working as a petroleum consultant. In 1996, he became Vice-President and a founding executive of Atlantis Holding Norway AS, an exploration and production company operating in the Arabian Gulf and North Africa. Following the acquisition of Atlantis in early 2003 by SinoChem Corporation ("SinoChem"), Dr. Munn had managerial and hands-on responsibility for all the day-to-day exploration and production operational and related budgetary activities of Atlantis. Dr. Munn's broad expertise covers carbonate reservoir interpretation, production and exploration geoscience, field development and joint venture management and negotiations (equity). He is also experienced in asset evaluation and certification, licence evaluation and negotiation (exploration and development), licence management (partner liaison, development programs, divestments) and governmental liaison. In 2004, Dr. Munn left Atlantis and established Draig Resources Limited, an oil and gas consultancy based in the United Kingdom and of which he is founder and a director.

David C. Wilson - Executive Vice President - Technical

Mr. Wilson has over 30 years experience in the upstream oil and gas industry gained at board and senior technical levels. Until early 2003, when it was bought by the Chinese company SinoChem, Mr. Wilson was President and a founding shareholder of Atlantis Holding Norway AS, an independent oil and gas exploration and production company, and responsible for developing Atlantis from its inception in 1996 to being one of the largest acreage holders in the Arabian Gulf by 2003. In 1977, Mr. Wilson established the upstream consultancy Energy Resource Consultants, a company providing independent reserve evaluations and advice to the UK government, the majority of North Sea operators and UK based multinationals and independents. Mr. Wilson is also a Managing Director of ERC Dubai Ltd., a petroleum consulting company. His broad experience is founded on all aspects of the upstream industry gained in managerial and technical positions with some of the world's major oil companies. His consultancy activities include all technical aspects of the business including; drilling, reservoir and production engineering, petroleum economics, field development, reserves certification, equity and litigation.

Alexander A. Kulpecz - Executive Vice President

Mr. Kulpecz is highly respected in the energy sector, most notably as an Executive Director of Shell International's Executive Committee responsible for development of business for Africa, South America and Russia/Europe. He started as a geologist with Shell in the USA, then on to develop assets in the UK, Syria and was the Executive responsible for production of oil & gas assets for the North Sea and Europe. He is on the boards of various energy related companies ranging from venture capital to refining and LNG. Mr. Kulpecz is currently the President of The Omega Group which provides consulting services to private equity and banking clients.

Charlotte M. May - Corporate Secretary

Ms. May has over 20 years experience gained in the institutional brokerage industry and the oil and gas and junior industrial sectors. Ms. May provides consulting services to a number of junior resource companies in the areas of marketing, corporate secretarial and public company administration.

Karim Gaoua - General Manager, Tunisian Operations

Mr. Gaoua is an Engineer with a BEng degree in Mechanical & Energy Resources Engineering who has 15 years experience in the upstream sector of the oil & gas industry during which he gained hands on experience in drilling, production, project management and operations.  Before joining Ecumed Petroleum, the wholly owned Tunisian subsidiary of Candax Energy, he held several technical and managerial positions with ETAP (the Tunisian national oil company) and British Gas where his last position was OIM of a 300 mmscf/d production platform offshore Tunisia.  Mr. Gaoua is currently the General Manager of Ecumed Petroleum and the Deputy General Manager of Maretap, a joint venture company between ETAP and Ecumed Petroleum operating the Ezzaouia field. He is also President of Maretap's General Assembly and Vice President of its board of directors.

Dr. Phillip Roach - Chief Geophysicist

Dr. Roach has 30 years of petroleum industry experience encompassing all aspects of geophysics and the upstream business. His past experience includes positions with Shell International, Energy Resource Consultants (ERC) and Atlantis Holding Norway AS, plus more recently as an independent consultant having established Approach Geophysics Ltd., a highly successful geophysical consulting company. Dr. Roach's experience has focussed on the exploration and production disciplines, and covers all aspects of geophysics, at regional, prospect and field levels in a broad range of settings, including the North Sea, Middle East and North and West Africa, but extending worldwide. With Shell, he managed and undertook assignments in Europe and West Africa, both as a seismic processor and interpreter. After a period as Head of Geophysics at ERC, he moved to Atlantis in 1997 as Chief Geophysicist, responsible for all geophysical matters where he managed the acquisition, processing and interpretation of almost 5,000 square kilometres of 3D seismic data in the Middle East and North Africa, both onshore and offshore, utilizing wide ranging techniques.