Steven Sharpe: Interim President & Chief Executive Officer

Mr. Sharpe is currently Managing Director of The EmBeSa Corporation, a private consultancy dealing primarily with corporate restructuring and business strategy. Previously, Mr. Sharpe was Chairman of Longview Oil Corp. from April 2010 and Interim CEO from February 2014 until its acquisition by Surge Energy in June 2014, a director of Advantage from 2001 and Non-Executive Chairman from 2005 until February 2014, a director and Chair of the Special Committee of the Board of Renegade Petroleum Ltd. from March 2013-January 2014 and a director and CEO of C.A. Bancorp. Inc. until March 2013. From October 2009 to March 2010, Mr. Sharpe was Chairman and Chief Executive Officer of Prime Restaurants Royalty Income Fund. Until July 2009, he was Senior Advisor to Blair Franklin Capital Partners, Inc., a Toronto-based investment bank which he co-founded in May 2003. Prior to that, Mr. Sharpe was Managing Partner of Blair Franklin, from its inception. Before then, he was Managing Director of The EBS Corporation, a management and strategic consulting firm. Prior to EBS, Mr. Sharpe was Executive Vice President of The Kroll-O'Gara Company ("Kroll"), New York. He was a partner with Davies, Ward & Beck in Toronto until 1998. Mr. Sharpe is a lawyer by training, graduating from Osgoode Hall Law School in 1977.

Thomas Love: Vice President Finance and Chief Financial Officer

Mr. Love is a Chartered Accountant with 36 years of experience in the oil and gas industry. Prior to being the Chief Financial Officer and a Director of Online Energy Inc., Mr. Love was the Chairman and Chief Financial Officer of Trimox Energy Inc. and Moxie Exploration Ltd. and President and Chief Executive Officer of Moxie Petroleum Ltd. Prior thereto, Mr. Love was Vice-President, Finance, Chief Financial Officer and Director of Westward Energy Ltd. Mr. Love articled with Clarkson, Gordon & Co. (now Ernst & Young).

Steve Dabner: Vice President, Exploration & New Ventures

Mr. Dabner has over 30 years of experience in the oil and gas industry. Prior to co-founding Online Energy Inc. in 2009, Mr. Dabner was President and Chief Executive Officer of Trimox Energy Inc. and Moxie Exploration Ltd. and Vice-President, Exploration and Chief Financial Officer of Moxie Petroleum Ltd. Prior thereto he held positions of increasing responsibility with Cimarron Petroleum Ltd. and Home Oil Company Ltd.

Ruy Riavitz: Country Manager, Argentina

Mr. Riavitz is a Chemical Engineer with over 16 years of experience, both technical and managerial, in the oil industry in Argentina. He started his career with YPF as a reservoir engineer. Subsequently, he joined PA Consulting Group evaluating energy assets in the US and South America. He then worked at HIDENESA, Neuquen's state-owned oil company and the predecessor to G&P;, forming the first joint ventures to explore in the province. Mr. Riavitz joined Madalena Austral in 2009 as Operations Manager and become the Country Manager in January 2012.