Directors' Profiles

Michael John Fry, B.Com, FFSIA
(Chairman)

Mr Fry has extensive experience in capital markets and corporate treasury management specialising in the identification of commodity, currency and interest rate risk and the implementation of risk management strategies. He is the Chairman of Red Fork Energy Limited and he is also a director of ASX listed companies Liberty Resources Limited and Sunset Energy Limited. Mr Fry holds a Bachelor of Commerce degree from the University of Western Australia and is a Fellow of the Financial Services Institute of Australasia and a past member of the ASX.

Peter Lawson Munachen, FCA, FAICD
(Chief Executive Office and Director)

Mr Munachen has 37 years corporate and administration experience in hydrocarbon and mineral resources companies. He has served as a director / officer of a number of listed companies, specializing in corporate finance and project acquisition. Also, he is a director of Austral Africa Resources Ltd and a non-executive director of Currie Rose Resources Inc (TSX).

Henry David Kennedy

BA(Geology), MA(Geology), Member of SME, CIMMP, SEG, PESA, AIG
(Non-Executive Director)

Mr Kennedy has had a long association with Australian and New Zealand resource companies and as a technical director has been instrumental in the formation and/or development of a number of successful listed companies, including Pan Pacific Petroleum NL, New Zealand Oil and Gas Limited, Mineral Resources (NZ) Ltd and Otter Exploration NL.

During his term as Executive Director of Otter, Pan Pacific and NZOG, these companies were involved in discovery of the Tubridgi gas field and South Pepper, North Herald and Chervil oil fields in Western Australia and the Kupe South and Rua oil/gas condensate fields in New Zealand.

As Chairman and Chief Executive of Kiwi International Resources NL and Associated Gold Fields NL, Mr Kennedy was involved in the discovery and development of the Obotan gold project in Ghana prior to the Company being merged with Resolute Samantha Ltd in May/June 1996.

He is also Chairman of Pancontinental Oil & Gas NL.