Managemenrt

& Directors

Allan F. Kiernan
Chairman
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was most recently VP Production at Prime West Energy Inc. Prior to this he was Sr. VP Production for AEC from 1988 to 1996 after AEC purchased Chieftain Development CO. where Mr. Kiernan was Sr. VP Production.

David Halpin Director
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is currently CFO with Mart Resources Inc. an international player in the oil and gas business. Prior to Mart, he was CFO and VP Finance for Ware Solutions a Canadian technology company and served as CFO at Jerez Energy.

David R.J. Lefebvre Director
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Mr. Lefebvre has been a partner of Stikeman Elliot LLP since 2004. He practices corporate and securities law, Particularly national and international mergers and acquisitions, capital markets and project financing and corporate governance matters, From 1994 to 2004, Mr. Lefebvre was a partner of another national law firm.

Kim Davies Director
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Ms. Davies is currently President and Chief Executive Officer of Martin Head Oil & Gas Lt., a private Company. Prior to that she was Vice President New Ventures and earlier, Vice President of Exploration at Compton Petroleum Corporation from 1993 (Prior to its public listing) to February, 2007.

William G. Turnbull Director
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Mr. Turnbull is currently president of W.G. Turnbull and Associates, a private real estate and development consulting company. Mr. Turnbull has over 33 years of experience in real estate industry specializing planning, construction, financing, workouts in both Western Canada and USA Mr. Turnbull is a graduate of Wilfred Laurier University with a BA in economics.

Inside Directors

Fred P. Rumak
Position: President & Director
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Mr. Rumak graduated from the University of Manitoba in 1974 with a geology degree. After four years in the mining industry he entered the energy sector with Gulf Canada Resources in Calgary. He subsequently moved on to junior and intermediate Oil & Gas companies with ever increasing degrees of responsibility. During his career, Mr. Rumak has drilled over 800 wells and brings extensive exploration, development and managerial experience to PanTerra. He has worked both overseas and domestically.

Herve Collet
VP Operation & Director and COO

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Mr. Collet has been the Chief Operating Officer-Vice President Operations of the Corporations since July 2005. Prior to that, Mr. Collet was General Manager of a Canadian Oil Company Operating in India. MR. Collet has over 30 years experience as a Consultant Petroleum Engineer and/or geologist in Canada and internationally. Mr. collet has held a number of executive positions and served on a number of boards and international institutions.

Robert Adams
Exploration Manager
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A graduate from the U of Saskatchewan, Mr. Adams is a geologist with nine years experience who has an excellent knowledge and understanding of Saskatchewan and shallow gas geology.

Ron Sparrow
CFO
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Ron, an accountant has worked in various positions of increased capacity throughout his career. Mr. Sparrow was Controller for many years with Penn West Petroleum then on to various consulting positions within the oil industry. Mr. Sparrow is a welcome addition to PanTerra in such that our accounting needs will be well met and well managed.

Douglas T. McCartney
General Counsel and Corporate Secretary
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Doug McCartney is presently an associate with the Calgary based law firm Burstall Winger LLP, a boutique corporate/commercial and securities firm. Doug obtained is Bachelor of Laws degree from the University of Saskatchewan in 1998 and has practiced Corporate and Securities law since 1998 when he articled at Code Hunter Wittmann (currently Gowling Lafleur Henderson LLP).