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TOM MACKAY, BSc. (Geol. Eng.) P.Eng. - Chief Executive Officer

37 years providing executive leadership and engineering to junior oil and gas companies in the western Canadian oil and gas industry.

Corporate track record includes Penco Oil and Gas Ltd., Thoroughbred Energy, Valiant Energy, Forte Companies, Chancellor Energy Resources, Poco Petroleum, Amoco Canada Petroleum.

Penco Oil and Gas Ltd.
Managing director of private oil and gas company founded in August 2011.

Valiant Energy
Increased production from 250 boe/d to 1,300 boe/d in one year.

The company sold in 2006 to Peerless Energy Inc. for $3.37 per share realizing a 34% return on initial raise 12 months earlier.

Forte Oil Corporation/Forte Resources
Private company that went public, and subsequently merged with Thunder Energy and Mustang Resources to create Thunder Energy Trust.

Realized a 350% gain for shareholders from 2001 to 2005.

Forte Energy
Private company formed in 1997; initial raise at $1.00 per share.
Sold to NCE Energy Trust in 2001 for $4.59 per share.

Chancellor Energy Resources
Increased production from 1 mmcf/d to 50 mmcf/d from 1991 to 1995.

VINCE GHAZAR, B.A. – Chief Financial Officer & VP, Finance

Mr. Ghazar is a professional accountant with over 24 years of domestic and international experience in the oil & gas industry.

He has held executive and management positions with Exchange listed issuers which have been involved in growth, mergers, acquisitions and divestitures.

Concurrently, Mr. Ghazar is Controller for Saccharum Energy Corp., a public oil and gas corporation listed on the TSX-Venture Exchange.

Mr. Ghazar’s previous executive involvement has included Primera Energy Resources Ltd., PanWestern Energy Inc., Longford Energy Inc. and BrazAlta Resources Corp., all Exchange listed Issuers.

Mr. Ghazar holds a Bachelor of Arts Degree with a minor in Business from the University of Calgary and an Advanced Accounting Certificate from the Southern Alberta Institute of Technology, as well as completing the 5th level in the CMA program. Also forming part of Mr. Ghazar’s formal education includes a CAPPA certificate (Canadian Association of Petroleum Production Accounting) as well as certificates of completion in the Public Company Compliance Workshops which focus on the regulations of the Securities Regulatory Industry, Continuous Disclosure Obligations, as well as Regulatory and Corporate Governance Practices.

Mr. Ghazar’s executive and managerial background with Exchange listed issuers includes extensive IFRS and GAAP experience, accounting and tax treatment for corporations and subsidiaries, as well preparation of Financial Statements and Management’s Discussion & Analysis (MD&A). He has international accounting experience in Canada, United States, and Trinidad and Tobago and has had key roles with the preparation of Information Circulars, Plan of Arrangements, and Business Acquisition Reports.


ALAN BREAKEY, BSc, MSc (Geology), P.Geol – VP Exploration

Over 35 years of executive and exploration geology experience throughout North America and internationally.
Managing director of Penco Oil and Gas Ltd., private oil and gas company founded in 2011
Formerly with Resolution Resources, Newheart Oil and Gas, Chancellor Energy, Strathfield Oil and Gas, Ocelot Industries, Shell Canada.

Discovery record in Central and Southern Alberta consists of oil and gas pools totaling 20 million barrels of oil and 35 BCF of natural gas.

Notable discoveries:

  • Provost Dina PPP pool (8.5 million barrels)
  • Dina SS pool (3.5 million barrels),
  • Dina C8C pool (1.5 million barrels),
  • Lone Pine Creek Viking F pool (17 BCF)
  • Stewart Viking B pool (11 BCF)

All discoveries result of regional grassroots exploration capitalizing on overlooked or previously unrecognized opportunities.

Since 2000, founded/co-founded 5 public and private junior oil and gas companies. Averaged a 300% rate of return for shareholders over periods ranging from 1 year to 3 years. Corporate growth was achieved through grass-roots exploration. Companies included Voltorb Resources/Resolution Resources, EMBO Petroleum, Newheart Oil & Gas, Breakside Energy and Varenna Energy.

NANCY MARANO, BA (Economics) – VP Land

30 years of experience as a negotiating and executive Landman.

Joint venture transactions on crown, freehold, and First Nations lands.

Executive responsibilities for all land department functions.

Extensive Industry contacts and relationships with V.P.’s and Sr. Land Managers.

Managing director of Penco Oil and Gas Ltd., private oil and gas company founded in 2011.

Horizon Energy – (Co-founder)
Founded in 2007; engineered value at a 350% ROR on initial investment.

Valiant Energy – Land Manager
Company increase in production from 250 boe/d to 1,300 boe/d in one year.
Sold in 2006 to Peerless Energy Inc.

Westrock Energy (Co-founder)
Negotiated a 72 section block of the O’ Chiese Reservation, partnered with large independent.
Company sold in less than 2 years for $36 million, realizing four times founders’ share value.

Rubicon Energy
Closed over 40 land deals for the Company in 2.5 years including a significant Nisku play at Pembina.
Integral member of management team that increased production from 300 boe/d to 2,500 boe/d.
Company sold in 2003 for a three times share multiple.

Previously worked as Land Negotiator at Encana (1997-2000) and Dome Petroleum (1979-1981).