The Board – Non-Executive

Viscount Torrington

Advisor to the Board

Viscount Torrington is an Oxford graduate in geology with extensive background in both the oil & gas and mining sectors in Africa and Europe. He served in technical and managerial roles with Anglo American plc and Lonrho plc. He was Managing Director of the Attock Oil Company, later Anvil Petroleum plc, a Director of Flextech plc and Chief Executive of Expro, a major UK oilfield services contractor. In 1995, he became Managing Director of Heritage Oil & Gas Limited, later listed in Toronto as Heritage Oil Corporation, and he is currently a Director of Lansdowne Oil & Gas plc. He served as Chair for the UK House of Lords’ EEC Energy, Broadcasting and Telecommunications Committee, and has been a Director of numerous public companies in the United Kingdom, Canada and Australia. He is also currently a Director of the Kasanka Trust (Kasanka National Park, Zambia). He is also a member of the London Business School’s Regional Advisory Board for Africa.

Gregory Turnbull

Advisor to the Board

Greg Turnbull, QC is a partner with the Canadian national law firm McCarthy Tétrault LLP and a member of the Firm's Board of Partners. He has extensive experience in corporate finance and securities transactions, including public and private share and debt financings, takeover bids, initial public offerings, business combinations and international stock exchange listings. He provides advice on various corporate finance transactions and has been actively involved in the initial public offerings of more than 40 companies. He has acted as a director or officer for more than 35 companies listed on the TSE, LSE, HKSE and the NYSE.
Mr. Turnbull has extensive knowledge of corporate governance issues. He acts as counsel to many boards of directors and special committees in change of control transactions, such as takeover bids (both friendly and hostile), amalgamations, plans of arrangement, asset dispositions, significant equity infusions and restructuring scenarios.
Mr. Turnbull is recognized by The American Lawyer Guide to the Leading 500 Lawyers in Canada and was recognized in the 2014 edition of The Canadian Legal Lexpert Directory in the areas of corporate and commercial law, corporate finance & securities, corporate mid-market and private equity.

John McLeod

John is a Professional Engineer with over 40 years of varied resources extraction experience. He has held numerous senior management positions and served on the boards of private and public companies through a successful international career. He is currently the CEO of Emperor Oil, a Canadian exploration company with projects in Sudan. He previously served as president and chief executive officer of Arakis Energy as VP operations of Pengrowth Gas and as chief executive officer and director of Rally Energy. Mr. McLeod currently serves as a director of Heritage Oil PLC. Mr. McLeod is a member and a Past-President of the Association of Professional Engineers and Geoscientists of Alberta. Mr. McLeod holds a B.Sc in Mechanical Engineering from the University of New Brunswick.

Andrew Hyslop

Andrew is merchant banker and spent 5 years in Nigeria as the Managing Director of CTB Stockbrokers. He is the founder and Executive Director of First Canadian Merchant Bank (Barbados) Ltd. and a director of several public and private Canadian companies, including Beaumont Select Corporations Inc. During his tenure in London, Andrew has served as a member of the National Association of Pension Funds Investment Protection Committee.

Andrew also functions as the Temporary Chief Financial Officer of Ambit.

Officers

Tunde Agbi

President, CEO and Director

Tunde Agbi is a recognized leader in the oil patch as a businessman, was a reservoir engineer, software designer, and technical consultant. Tunde is a Shell scholar who attended universities in the UK and Canada before beginning a 34 year career in the Canadian and International oil industry.
Notably he was a senior reservoir engineer with Mobil Oil Canada, where he was involved in the design, implementation and operation of three of the most successful hydrocarbon miscible floods and over half a dozen water flood projects. He was also involved in the optimization of the development of the Sierra gas field from 30 BCF to 120 BCF.

Tunde was also head of the computer applications group and project leader at the Petroleum Recovery Institute (‘PRI’), where he was responsible for the screening of Alberta reservoirs for Enhanced Oil Recovery potential. This lead to his co-authoring one of the PRI’s most widely distributed reports, entitled “Enhanced Oil Recovery Potential in Alberta Conventional Reservoirs”. He was also responsible for the preliminary investigation, the initial design and the implementation of the Joffre Viking CO2 miscible flood project. This CO2 project is still operational.

Tunde has presented and authored several technical papers and edited two textbooks in mechanical and petroleum engineering and as a consultant he has conducted several engineering studies and implemented several projects on behalf of clients around the world.

Tunde is determined to develop and efficiently execute energy projects in West Africa as a conscientious world citizen who will only operate in a healthy and safe environment for his employees under the strictest code of ethics.

Donald Prior

Director, General Manager – Nigeria

Don has held senior positions in energy projects in Nigeria, Gabon, India, Indonesia, Papua New Guinea, South America and North America. Don’s experience includes several start-up scenarios where he has led the initial development and operations from planning through to production. He has a B.Sc (Geol) and MBA (Global Management) and is also a graduate of the Canadian Military College System (HMCS Venture). Don was the Operations Manager (Gabon) for Chauvco Resources Ltd. from 1995 to 1998. In that time he was responsible for the drilling of two vertical wells and 11 deviated wells in the Remboue Field in Gabon. From 1998 to 2000 he was the General Manager – India Operations for Niko Resources Ltd. of Calgary. During this time 13 wells were drilled to develop the 1.0 TCF Hazira gas field and 3 wells in smaller fields. He was the Senior Operations Manager, Papua New Guinea for InterOil Corp from 2004 until 2006 where he set up the infrastructure for drilling three wells in one of the last frontier areas in the oil industry. Two of the wells were totally supported by helicopters due the lack of roads in coastal areas of New Guinea.

Don is committed to operate a safe and efficient team of oil field professionals to develop production in harmony with the environment and the local communities.

Operations Team

Laurie Bragge

Community Affairs Manager

Laurie has a Business Management degree. He has spent his career in frontier areas amongst indigenous peoples. He joined Oil Search, the largest oil company in Papua New Guinea, and became their Community Affairs Manager, Strategic Planner and CA Executive Officer. He developed and is continuing to maintain an all-encompassing Community Affairs manual which captures industry best practices across 16 separate areas that make up the CA world.

Douglas Minken

P. Geol., P. Geo., Vice President Exploration

Douglas is a senior professional geologist with over 35 years of experience in oil and gas exploration and development programs in North America, the Middle East and Africa. The primary focus of his endeavours was to develop geological prospects in some of the world’s most prolific hydrocarbon bearing sedimentary basins and to conduct detailed reservoir studies for determining and exploiting potential reserves. He has managed drilling funds as well as supervision of well site operations in Canada and the United States of America. He has a BSc in geology from the University of Calgary, Alberta.

Douglas has developed and instructed several different geological courses to professional geoscientists from Lybia and China. He has presented business courses to high school students in Canada as well assisting in professional development events for university geosciences students. He was the technical co-chair for two major Canadian oil and gas conferences, as well as being an author/co author for two published scientific papers. He belongs to a number of professional organisations in Canada and the United States.

Most recently Douglas has conducted regional and pool studies on the Nile Delta in Egypt and the Niger Delta in Nigeria, and evaluated prospects and acquisition candidates in Gabon, Algeria, and Syria. All the geological studies were intertwined with considerable seismic and some engineering data.

Domestically over the 35 year period many successful exploration prospects were drilled. Several of the successes were the result of a re-interpretation of well logs. Doug’s evaluation resulted in the drilling of ten successful gas wells in a row. Another 15 wells were added to the pool. Total estimated recoverable reserves were estimated to be 40-50 bcf of gas. A second opportunity arose with a geological interpretation which resulted in drilling that produced10-12 successful oil wells for an additional recoverable oil reserve estimated to be 800 thousand to 1 million barrels. A third opportunity resulted in two wells on the prospect flowing over 750 barrels of oil per day. The final pool contained about eight wells and the estimated recoverable oil reserve is well over a million barrels.

Douglas is totally committed to developing prospects with the highest degree of technical competence while respecting environmental and safety issues.

Julian Counsel

Asset Manager

Julian has a Master of Business Administration degree. He has spent most of his career in harsh environments managing people and projects. In his last position with InterOil in Papua New Guinea he was a field manager responsible for hundreds of people and millions of dollars of assets. He is a big picture visionary with an ability to understand how daily operations shape results and goals. Julian is creative, dependable and an enthusiastic change agent with proven track record in improving efficiencies, reducing costs and increasing revenues.

Peter Kubernat

Asset Manager

Peter has undertaken a wide range of both executive and policy formulating appointments emphasising personnel management, departmental and technical administration, maintenance engineering, training (both job and safety), equipment procurement procedures, as well as the preparation of policy and concept papers. In his last position with InterOil in Papua New Guinea he has supervised staff in a range of harsh environments and strengths up to two hundred people. He has had substantial financial responsibilities, including preparation of estimates, initiation and management of freight, maintenance and purchasing contracts, and in particular, procurement of engineering, medical and oilfield equipment. Peter also has extensive military experience from the Australian army.

Brian Hearst

Financial Advisor

Brian Hearst has 30+ years international and domestic oil and gas experience as a Chartered Accountant and financial executive; including 17 years as Chief Financial Officer and director of junior public companies.  Prior positions involved operations in Colombia, Brazil, Guyana, Russia, India, and Alberta.  Mr. Hearst is a member of the Institute of Corporate Directors of Canada.

Professional Affliations

Legal Counsel Canada
McCarthy Tétrault LLP
Suite 4000
421 & 7th Avenue S.W.
Calgary, Alberta
Canada T2P 4K9
Auditors
KPMG LLP
Unit 1200
205 – 5th Avenue S.W.
Calgary, Alberta
Canada T2P 4B9
Legal Counsel Nigeria
Adepetun Caxton–Martins Agbor & Segun
9th Floor
St. Nicholas House
Catholic Mission Street
Lagos, Nigeria

Bankers
Royal Bank of Canada
Main Branch
Unit 339
8th Avenue S.W.
Calgary, Alberta
Canada T2P 1C4