Michael Norman Burchell Chairman

Mike Burchell (age 67) has over 44 years' experience in the oil and gas industry since graduating with honours from Leeds University. During his career he has had extensive international experience at PLC main board level of oil and gas field development, oil and gas sales, PSAs and transportation agreements and acquisitions and finance. Mr. Burchell is now a director of CBM Oil pic and is the Consultant Adviser to the Ministry of Oil in Bahrain and Bapco, Bahrain's state oil company.

John Gary Moore Managing Director

Gary Moore (age 58) has 36 years' experience in the oil and gas industry as a petroleum engineer since graduating from Leeds University. In 1985 he joined Texaco as a negotiator and then Commercial Manager before leaving in 1990 to establish his own consulting company. In 1999, he founded Sunningdale Oils (Ireland) Limited which has gas production in Ireland. He was a non-executive director of Northern Petroleum PLC until he resigned in 2003. He has been working a large part of his time in Peru since he first went there with Shell as a consultant in 1996.

Patrick Gerald Mahony Non-Executive Finance Director

Pat Mahony (age 54) has 29 years' experience in the oil and gas industry since he qualified as a Chartered Accountant in 1977 with Stokes Kennedy Crowley (now KPMG) in Dublin and then joined Bula Limited as Financial Accountant. In 1981, he joined Bula Resources PLC and became Company Secretary in 1986. In 1987 he was appointed to the Board of Bula as Finance Director and in April 1997 was appointed Managing Director of Bula until his resignation in March 1999- Mr. Mahony was also a director of Ovoca Resources PLC during the period 1990 to 1997, and is currently a Financial Consultant based in Dublin.