About NZEC

Management Team

NZEC is led by an experienced senior management team with a strong track record of success in oil and natural gas exploration and development. The team has individually and collectively added corporate value in a number of oil and gas ventures over the past several decades. All NZEC's employees live and work in New Zealand, with an accounting and administration team, a team providing corporate oversight and investor relations, an operations team, a geotechnical team, and also a team operating the Waihapa Production Station.

Chief Executive Officer , , , Michael Adams, M.Sc., B.Sc, MRSNZ

Mr Adams has 30 years of commercial, management, operational and reservoir engineering experience in New Zealand, Australia, the Middle East and the North Sea. Mr Adams qualified with M.Sc. (Hons. Physics) B.Sc (Physics, Geology) and the initial stages were with New Zealand’s national oil company, Petrocorp, where he was involved in the initial appraisal and development of the Waihapa field (New Zealand’s second largest onshore oil field), development of the McKee field (New Zealand’s largest onshore oil field) and the discovery of the Mt Messenger accumulations at Kaimiro. Mr Adams subsequently worked overseas including engagements with BHP Petroleum and QGPC (Qatar) before returning to New Zealand in 1996 to work for Fletcher Challenge Energy focused in particular on secondary and enhanced recovery projects in various Taranaki fields. Mr Adams set up his own reservoir engineering consultancy in 1999 and has been involved in many successful project assignments both in New Zealand and overseas, most recently including tenure with Belltree UK where he has been Technical Manager for a 16 man consultancy leading international projects covering prospect evaluation, field appraisal and development planning and EOR.

Chief Financial Officer , , , Derek Gardiner, CA

Derek joined the Company in January 2014 as Chief Financial Officer. Derek is a New Zealand Chartered Accountant and Chartered Secretary with a Master of Business Studies and more than 25 years of experience in the oil and gas industry in New Zealand, Australia and Asia. He has held senior financial, business planning and accounting positions with Origin Energy NZ, Austral Pacific Energy and a number of subsidiaries of Shell. Most recently he was Commercial and Finance Manager with Origin Energy NZ. Derek brings significant governance, strategy, reporting and analysis experience to NZEC. He also brings strong leadership skills and experience managing joint venture arrangements. As CFO, Derek oversees the Company’s finance, accounting, administration and risk management activities.

About New Zealand Energy Corp.

NZEC is a publicly-traded company (TSX-V:NZ) focused on the production and exploration of oil and natural gas prospects in New Zealand.

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