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Mr. Folnovic is an engineer and a 25-year petroleum industry veteran; formerly Vice President and Chief Operating Officer of Dominion Energy Canada and President and Chief Executive Officer of Sunmatrix Petroleum Corporation. Prior to that, Mr. Folnovic held senior leadership positions in BP Canada and Amoco Canada gas and oil business units. He has led multidisciplinary teams of geologists, geophysicists, engineers, operations and administration staff in managing oil and gas assets generating $300 million in revenue and an annual capital budget of $200 million. He played an instrumental role in managing the Company's heavy oil assets through the sale of the oil business unit from BP Canada to Canadian Natural Resources and Penn West Petroleum for $1.6 billion. Mr. Folnovic directed operations and a portfolio of assets that produced 60,000 boepd of oil and gas, including thermal heavy oil assets producing 30,000 bpd of bitumen. He was a recipient of the Chairman's Award for his work in implementing project management, risk analysis systems and portfolio management processes within Amoco Canada. He held numerous technical, business, and operational assignments throughout Northern Canada. Most recently Mr. Folnovic was a Chief Executive Officer of Petrodell Energy Inc., a private oil and gas company based in Alberta, Canada. | 