Donald D. Copeland is a retired businessman with extensive experience in the oil and gas industry. Mr. Copeland is the founder and past President of Codeco Engineering Group, from October 2007 to September 2008, the Chairman of Upper Lake Oil and Gas Ltd., from May 2001 to October 2007, the Chairman and Chief Executive Officer of Diamond Tree Energy Ltd. and from May 1999 to April 2001, the President and Chief Executive Officer of Titanium Oil and Gas Ltd. Mr. Copeland is also a Director for several public and private oil and gas companies including Toscana, Western Energy Services Corp., Crocotta Energy Inc. and IROC Energy Services Corp. Mr. Copeland is designated a Professional Engineer with the Association of Professional Engineers, Geologists and Geoscientists of Alberta, and holds a Bachelor of Science degree in chemical engineering from the University of Calgary.
Thomas Budd is an independent investor and has many years of experience providing mergers and acquisitions and financial advice on a significant number of Canada’s oil & gas transactions. Most recently, Mr. Budd served as President and Vice Chairman, Head of Investment Banking at GMP Corp. and Griffiths McBurney Canada Corp. from 1996 until 2008. Prior thereto, Mr. Budd was a founding partner and director of an independent investment dealer in Calgary, Alberta for six years. Prior to that, he held corporate finance positions with two national investment dealers for eight years. Mr. Budd is a Certified Management Accountant (non-active) with the Society of Management Accountants of Alberta and holds a Masters of Business Administration from the University of Toronto.
John Festival has over 24 years of experience in the oil and gas industry. Mr. Festival is currently a Director of Toscana and the President, Chief Executive Officer and a Director of BlackPearl Resources Inc. Prior thereto, Mr. Festival was the President of BlackCore Resources Inc. E-10 (from October 2007 to January 2009) and the President of Blackrock Ventures Inc. (from March 2001 to June 2006). Mr. Festival holds a Bachelor of Science in Engineering from the University of Saskatchewan.
Martin Hislop is a retired businessman with over 30 years experience in all aspects of financing and managing private and listed oil and gas companies, partnerships and trusts. Mr. Hislop is the founder and former Chief Executive Officer of APF Energy Trust ("APF"), which was taken over by StarPoint Energy Trust in a $900 million transaction in June 2005. Prior to founding APF, he was the President and Chief Executive Officer of Lakewood Energy Inc., a TSX listed oil and gas company, which was created as a result of the merger of 10 limited partnership drilling funds he created beginning in 1986. He also serves on the Board of Directors of Cumberland Oil & Gas Ltd. and Petrobakken Energy Ltd. Mr. Hislop is a chartered accountant (retired) under the Institute of Chartered Accountants of Alberta and holds a Bachelors Degree in accounting from McGill University.
Joseph Durante has over 24 years of direct industry experience. Mr. Durante is currently the Chief Executive Officer of Toscana Merchant Group. From 2005 to 2009, Mr. Durante was a co-founder and Chairman of Fairmount Energy Inc. and from 2002 to 2005 was co-founder and Chairman of Ranchgate Energy Inc. Prior thereto, Mr. Durante was Manager, Credit Western Canada, National Bank of Canada. Mr. Durante holds a Bachelor of Commerce degree from the University of Calgary.
Mr. Krausert has been the President of Beaver Drilling Ltd. since 1989 and prior thereto served as the General Manager of Beaver Drilling Ltd. Mr. Krausert serves on the board of directors for many private oil and gas companies and was the President of the Canadian Association of Oilwell Drilling Contractors in 1989. Mr. Krausert obtained his Bachelor of Science in Geology from the University of Alberta in 1973.