NZEC Overview

Strategy

Management Team

Board of Directors

Corporate Governance

Cautionary Notes

Board of Directors

James Willis,

Chairman

James Willis is based in Wellington, New Zealand, and has an extensive background in the oil and gas exploration and production industry particularly focused on commercial and contractual issues affecting industry participants. He was a partner at the New Zealand law firm of Bell Gully for 25 years specializing in oil and gas matters. When he retired from Bell Gully he took up a position as managing director of an Australian oil and gas exploration group which had a large portfolio of offshore permits around Australia and New Zealand. Since returning to New Zealand in 2011 he has held governance positions with and consulted to various participants in the oil and gas exploration sector.

Mark Dunphy,

Director

Mark Dunphy is Chairman and CEO of privately held operating company, Greymouth Petroleum. Greymouth (formed in 2000) is the second largest of the New Zealand owned and operated production and exploration companies. Mark’s previous industry positions were Chairman of ASX listed Cultus Petroleum NL (1988 to 1999) and Chairman of privately held Australian company Interstate Energy Limited (1996 to 2002).

David Llewellyn, Dr

Director

Dr Llewellyn holds an MA (Hons) in Geology and completed his doctorate in Geophysics. Dr Llewellyn has held senior management positions with Shell International (Netherlands; Singapore; New Zealand; Thailand) and before that with Mobil International spanning a 35 year career.

We’re currently producing light, high-quality oil from seven wells in the Taranaki Basin, and executing a comprehensive development and exploration program to further increase production