Richard Wadsworth
Chairman & Chief Executive Officer

Mr. Wadsworth has more than 18 years of successful experience in developing heavy oil projects. He has been involved in various projects where there was little production, poor infrastructure or markets for heavy oil, growing them into significant assets through his vision and operational strengths. He was Co-Founder, President and COO of Bankers Petroleum Ltd. (“Bankers”), an oil and gas exploration, development and production company listed on the TSX & AIM, from its inception in 2004 until August 2008. During this period, he led Bankers in re-developing its heavy oilfield, building a comprehensive team, the necessary infrastructure and external relationships resulting in reserves growing to over 150 million barrels and production from 500 bopd to over 6,000 bopd.
Mr. Wadsworth previously led and managed a joint venture company for the initial exploitation of the current Bankers oilfield in Albania on behalf of Premier Oil Plc and its three international E&P partners. Previously, he held various roles within Koch Petroleum Canada over 9 years mainly in the heavy oil sector. Mr. Wadsworth holds a Chemical Engineering degree from the University of Calgary, and is a registered Professional Engineer with APEGA.

Dick ter Avest
President & Chief Operating Officer

Mr. ter Avest has twenty years of international oil and gas experience, of which 14 years were spent with Shell in several senior management roles in the Middle East, Europe and Asia Pacific. He was recently the CEO of Advanced Well Technologies and prior to that was with Woodside Energy and Shell. His accomplishments include growing Petroleum Development Oman’s (“PDO”) Qarn Alam assets, doubling production to 90,000 barrels of oil equivalent per day (boepd) within 3 years, leading field development of a US$1 billion offshore oilfield for Woodside Energy, and re-starting the stranded 400 million barrel Vincent heavy oil offshore field with Woodside. Mr. ter Avest has also successfully led oil and gas field acquisitions and divestments with values up to US$500 million.

David A. Little
Chief Financial Officer

Mr. Little is the founder and Chairman of Black Stag Resources Inc., a private Australian oil and gas explorer.  From early 2009 to November 2011, he served as Chief Financial Officer of Gallic Energy Ltd.  In 2002, he founded Avery Resources Inc., an oil and gas producer and explorer with operations in both Australia and Canada.

Robin Hamersma
Chief Business Development Officer

Mr. Hamersma has over twenty years of international oil and gas experience in technical, procurement, petroleum economics, commercial and leadership positions. Most recently he was commercial manager in Netherland’s largest operated oil and gas company, NAM, where he was responsible for joint venture management, infrastructure and equity deals, commercial agreements and managing relationships with joint venture partners, governments and other stakeholders. Previously he held various senior positions in Europe and the Middle East with Shell UK E&P and PDO. His accomplishments include implementing new multi-lateral drilling and completion technologies in the North Sea, developing tender strategies, negotiating and managing local and global supplier agreements for PDO and the Shell Group and delivering various unitization, acquisition and divestiture and equity type deals for NAM and Shell UK.

Robert Sandor
Chief Development Officer

Mr. Sandor is an E&P professional with twenty years experience in technical, commercial and managerial positions with Shell, working in Europe, Asia and West Africa. Most recently, he was a member of Shell’s corporate strategy group. He has a proven track record in operational asset management, project management, and oil and gas field development. Mr. Sandor’s career highlights include commercialization of a 1 Tcf offshore tight gas opportunity applying proven onshore fracturing technology, taking several infrastructure rejuvenation projects to commerciality (US$ 500 million) and leading both green field and brown field redevelopment projects, including their integration into existing infrastructure.

Dale Styner, CFA
Corporate Secretary

Mr. Styner has 20 years of legal, merchant banking and investment banking experience. Mr. Styner’s efforts with the Company are focused on strategy, finance and business development. Mr. Styner has extensive finance and business development expertise, including five years of investment banking experience at Canaccord Adams advising and raising capital for energy companies. Mr. Styner is a CFA Charterholder and was a professional squash player before entering the business world.

John Rees
Geological Consultant

Mr. Rees has over 25 years international experience, including significant Middle East experience with Hashoo Group, Kuwait Oil Company, Bnkers Petroleum, Calvalley and First Calgary Petroleums.