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Kelly H. Nelson has been the Chairman and Chief Executive Officer of the Company since May 2006, and President and Director of PetroHunter Operating Company since its inception. Mr. Nelson is the cofounder of Equistar Capital, LLC, a Merchant Banking firm with offices in Salt Lake City, Utah and Zurich,
Switzerland, and has served as Equistar's Managing Partner since its inception in 1999. While with Equistar, Mr. Nelson has been actively involved in raising investment capital and financing for Equistar's energy sector portfolio companies. Since August 2003, Mr. Nelson has also served as chief financial
officer and director of BioComposites International, Inc., one of Equistar's portfolio companies. Mr. Nelson also is a director for two non-profit organizations, The Center for Ancient American Culture and the Utah Spiders, Women's Professional Soccer League. Mr. Nelson earned his Bachelor's degree in
Business Administration from the University of Utah and has completed management seminars and courses through the University of Southern California and Wharton School of Business. | 