The Board of Directors currently comprises four Executive Directors one of whom is the Chairman. The Directors are of the opinion that the Board comprises a suitable balance and that the recommendations of the Combined Code have been implemented to an appropriate level.  The Board maintains regular contact with its advisers and public relations consultants in order to ensure that the Board develops an understanding of the views of major shareholders about the Company.

Mr. David Lenigas, Executive Chairman, Age 48
Mr. Lenigas holds a Bachelor of Applied Science Degree in Mining Engineering. Currently the Executive Chairman of Lonrho plc, Lonrho Mining plc, Lonzim plc, and Templar Minerals Ltd.  He is a Director of Vatukoula Gold Mine plc and GCM Resources plc.  Previously Mr. Lenigas held the position of Chairman of Mediterranean Oil and Gas plc, which is producing gas and condensate in Italy and holds extensive oil and gas resources in Italy, Malta, Tunisia and France.  Mr. Lenigas is the Chairman of the Audit and Remuneration committees.

Mr. Donald Strang, Finance Director, Age 42
Mr. Strang is a qualified chartered accountant with 20 years’ experience in the financial and natural resources sectors including extensive experience with AIM. He is currently a Non-Executive Director of Lonrho plc and Vatukoula Gold Mines plc. Mr. Strang was previously the Chief Financial Officer and Company Secretary for GCM Resources plc and BDI Mining Corp. He has also held senior financial positions with Ernst and Young and several publicly listed Australian Resource Companies. Mr. Strang is a member of the Audit committee.

Mr. Jeremy Edelman, Executive Director, Age 41
Mr Edelman holds Bachelor degrees in Commerce and Law together with a Masters degree in Applied Finance. Previously he worked for some of the world\'s leading investment banks in debt and acquisition finance. Mr. Edelman has previously held directorships in stock exchange listed companies in both the UK and Australia with a focus on resource exploration and development including investment companies established with the specific objective of investing in oil and gas projects.  Mr. Edelman is a member of the Remuneration committee.

Mr. Fraser Pritchard, Operations Director, Age 43
Mr. Pritchard holds Bachelor degrees in Physics, Software Engineering and a Masters Degree in Process Engineering.  He is an experienced international oil and gas senior executive with a track record spanning 20 years from most global oil and gas provinces and a diversity of listed and national energy companies. This experience has been gained from direct leading roles with the major oil and gas operator ExxonMobil, and oil and gas consultancies, IBM, PricewaterhouseCoopers, and DNV. He maintains a focus on securing investment for, and managing junior E&Ps from startup into sustainable operations.  He has recently held executive positions for Noble Energy Europe and Ascent Resources plc.