Stealth Ventures Ltd

Corporate Governance

Management

Derek Krivak, B.Sc. – Chief Executive Officer, Director

Derek Krivak has a decade of experience in unconventional gas research and exploitation, preceded by experience in the drilling services industry. Prior to joining Stealth Ventures, Mr. Krivak co-established research and development groups for the Unconventional Gas Research Group of the Alberta Research Council as well as the Gas Technology Institute. With these groups, he consulted on desorption gas in place resource reports, coalbed methane and shale gas evaluation projects in Canada and the USA, and the design and build of specialized analytical procedures and lab facilities. He has an extensive list of published material in such areas as unconventional reservoir permeability, testing technologies, core analysis, and general reserves analysis. He received his B.Sc. from the University of Winnipeg, and is an active participant on the Board of Directors of the Canadian Society for Unconventional Gas (CSUG).

Ms. Lori Bobye-Magnusson, CMA – CFO

Ms. Bobye-Magnusson, controller at Stealth Ventures since August 2008, brings 17 years of progressive oil and gas industry experience, in management, operational, marketing and financial accounting roles. Prior to Stealth Ventures, Ms. Bobye-Magnusson’s most recent industry experience was with Peyto Exploration as Controller. She has completed her Certified Management Accounting program (CMA) and belongs to the Society of Management Accountants of Alberta.

C.M. (Chris) Morrison, P.Eng. – Vice President Operations

Prior to June 2006, Chris Morrison held senior engineering positions with Vault Energy Trust and Enerplus Resources, and began his career in the energy services sector with a private firm. Mr. Morrison holds a Chemical Engineering degree from the University of Alberta, and a Chemistry degree from the University of Manitoba. His engineering experience in oil and gas includes facilities, reservoir and exploitation engineering, including significant field experience.

Directors

Derek Krivak, B.Sc. – Chief Executive Officer, Director

Derek Krivak has a decade of experience in unconventional gas research and exploitation, preceded by experience in the drilling services industry. Prior to joining Stealth Ventures, Mr. Krivak co-established research and development groups for the Unconventional Gas Research Group of the Alberta Research Council as well as the Gas Technology Institute. With these groups, he consulted on desorption gas in place resource reports, coalbed methane and shale gas evaluation projects in Canada and the USA, and the design and build of specialized analytical procedures and lab facilities. He has an extensive list of published material in such areas as unconventional reservoir permeability, testing technologies, core analysis, and general reserves analysis. He received his B.Sc. from the University of Winnipeg, and is an active participant on the Board of Directors of the Canadian Society for Unconventional Gas (CSUG).

Subra Subramaniam – Managing Director Asian Operations

Subra Subramaniam has over 25 years experience specialized in international business in the oil and gas industry with a market focus on Asia and with specific expertise on India, with a proven track record of having established and managed successfully, various start-up operations including: Aban Offshore, Cairn Energy, Canoro Resources Ltd., Pan Orient Energy Corp. among others.

Rudy Cech - Director

Rudy Cech joined the staff of J.C. Sproule and Associates Limited (now Sproule Associates Limited) in Calgary in 1970 and retired from his position as Senior Vice President in June 2006. During his 37 years with Sproule, Mr. Cech conducted reserves estimation and evaluation studies on petroleum and mineral properties. He supervised and managed exploration and development projects, and conducted geological studies in Canada, the U.S. and worldwide. He has presented several papers concerning the development of coalbed methane projects. Mr. Cech is a Member of the Petroleum Society of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). He is also a Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA).

Glenn R. Yeadon, LLB – Corporate Secretary and Legal Counsel

Glenn Yeadon is a barrister and solicitor in British Columbia, practicing primarily in the field of securities law. He has been practicing law with Tupper Jonsson & Yeadon (and predecessor firms) since 1980. Mr. Yeadon holds a Bachelor of Commerce degree from the University of British Columbia and a Bachelor of Laws degree from the University of British Columbia.