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Board of Directors

Keith A. MacPhail
Chairman

W. Peter Comber
Barrantagh Investment Management Inc.

Pentti O. Karkkainen
KERN Partners

Ronald J. Poelzer
Bonavista Energy Trust

Craig W. Stewart
Director

Alex G. Verge
President and
Chief Executive Officer

Clayton H. Woitas
Range Royalty Management Ltd.

Grant A. Zawalsky
Burnet, Duckworth & Palmer LLP


Keith A. MacPhail

Member of:
– Reserves Committee
– Non-Board Executive Committee

Chairman, President and Chief Executive Officer of Bonavista Energy Trust.

Mr. MacPhail has more than 22 years experience in the oil and gas industry, he is currently President and CEO of Bonavista Energy Trust. Prior to joining Bonavista Petroleum Ltd., in 1997, Mr. MacPhail held progressively more responsible positions with Canadian Natural Resources Limited with his final position being Executive Vice President and COO. Prior thereto, he held the position of Production Manager with Poco Petroleum Ltd.

Mr. MacPhail holds a Bachelor of Science (Honours) degree in Petroleum Engineering from the Montana College of Mineral Science and is a member of the Association of Professional Engineers, Geologists & Geophysicists of Alberta.

Mr. MacPhail is also a member of the board of directors of Canadian Natural Resources Limited, Bonavista Energy Trust and is also on a number of private advisory boards.

March 2008