CHAIRMAN & DIRECTOR RICHARD WADSWORTH P. Eng
Mr. Wadsworth holds a chemical engineering degree from the University of Calgary, and is a registered Professional Engineer with APEGA. Mr. Wadsworth has more than 23 years of successful experience in developing unconventional resource projects. Mr. Wadsworth started his career with Koch Oil and was seconded to Premier Oil LLC to evaluate the Patos Marinza field in Albania. Mr. Wadsworth was manager of the joint venture Anglo-Albania company from 1999 until 2004, when the joint venture concluded. Mr. Wadsworth re-structured the team and became the co-founder of Bankers Petroleum Ltd., and was President and COO from 2004 to 2008. During this period, he led Bankers in re-developing its bitumen field and building a comprehensive team, with the necessary infrastructure and external relationships resulting in reserves growing to over 150 million barrels and production from 500 bopd to over 6,000 bopd. Mr. Wadsworth joined Pennine’s board of directors in January 2016.
CEO & DIRECTOR N. DESMOND SMITH
Mr. Smith graduated in geology from the University of British Columbia in 1975 and has been engaged in junior and senior management roles in the domestic and international Oil & Gas Industry. Mr. Smith’s experience encompasses the exploration, development and production of hydrocarbons, negotiating Joint Ventures and Production Sharing Agreements and engaging and managing professionals and support staff to develop and grow private and public Oil & Gas Companies. He has occupied the roles of Officer and Director of TSX, AIM, OTC BB and TSX-V firms. Mr. Smith has been a Director of the Company since 2006.
CFO MICHAL HOLUB, CA
Mr. Holub, who received his Chartered Accountant designation in 2001, has held leadership positions with numerous private and public energy companies -- including those based in Morocco, Colombia, Tunisia, Indonesia and the United States -- and accrued extensive experience in financial reporting, accounting, financial modeling and taxation.
DIRECTOR JEFF SAXINGER P. ENG
Mr. Saxinger is Manager of Projects with Vepica Ltd., an engineering, procurement and construction management company active in the domestic and international oil and gas industries. Mr. Saxinger has been in the Energy Industry for over 22 years, with 13 years in a shop fabrication engineering environment. Mr. Saxinger graduated from the University of Saskatchewan in 1992, acquiring his Alberta P. Eng professional designation in 1995. Mr. Saxinger has been a director of Pennine since 2008.
DIRECTOR RAY GERTZ
Mr. Gertz is an owner of an industrial fabrication firm and has been involved with the oil and gas and investment industry for over 18years. He is a Graduate of Northern Alberta Institute of Technology, class of 1977.
DIRECTOR HARRY SARGEANT IV
Mr. Sargeant IV is Vice President of Global Oil Management Group Ltd. ("GOMG"), a Boca Raton, Florida-based international oil corporation. GOMG, through its subsidiary Ionian Refining & Trading Company Ltd. ("IRTC"), is a leading independent energy firm with operations in Albania, as well as Texas and Alabama.
Engineering Consultant Randy S. Marshall P. Eng
Mr. Marshall is a graduate of the University Of Tulsa, class of 1967, and acquired his Alberta P. Eng. professional designation in 1969. Mr. Marshall has provided Professional Consulting services to numerous Public and Private Oil and Gas Exploration Companies in the Upstream Sector of the Oil and Gas industry through strengths in economics, property evaluations, drilling, completions, work overs, facility design and construction, pipeline design and construction, production operations, project management, engineering and administration. Mr. Marshall has acted in senior management, supervisory or director roles for firms such as Sulpetro Limited; Esso Resources; Bowtex Energy (Canada) Corporation; New Cache Petroleum Ltd.; Bellevue Resources Ltd.; Landstar Exploration Inc.; Mera Petroleum; and Tanager Energy Inc.
Accounting Consultant R. Bryan Whitby
Mr. Whitby graduated from the University of Saskatchewan in Accounting in 1966 and obtained his CA designation in 1969. Mr. Whitby articled with Price Waterhouse and subsequently acted in senior accounting positions in major and junior companies of the Canadian Oil & Gas Industry. Mr. Whitby has been with Pennine since 2007.