Biographies

Directors and Executive Officers

The following are brief profiles of the directors and executive officers of the Company, including a description of each individual's principal occupation within the past five years.

Michael L. Rose - Chairman, President and Chief Executive Officer

Michael L. Rose has more than 30 years of experience in the oil and natural gas industry. Mr. Rose founded and served as President and Chief Executive Officer of Duvernay and Berkley. Prior to that, he was employed for 14 years at Shell Canada in various exploration and production positions and was Manager of Exploration and Petroleum Engineering Research at the time he departed to found Berkley in 1993. Mr. Rose holds a Bachelor of Science in Geology from Queen's University.

William D. Armstrong - Director

William Armstrong has more than 30 years of experience in the oil and natural gas industry. Mr. Armstrong is currently the President and Chief Executive Officer of the Denver-based Armstrong Oil & Gas Inc., a private oil and gas exploration company. Mr. Armstrong holds a Bachelor of Science from Southern Methodist University, Dallas,Texas.

Lee A. Baker - Director

Lee A. Baker has 33 years of experience in the oil and natural gas industry.  Mr. Baker is currently President and Chief Executive Officer of Nordegg Resources Inc.  Mr. Baker previously held the position of President of RSX Energy Inc., which he founded in early 2002, and was President and Chief Operating Officer of Westminster Resources Limited from January 1997 to early 2001.  Mr. Baker has an Honours degree in Geology from McMaster University.

Robert W. Blakely - Director

Robert W. Blakely has more than 20 years of experience in corporate finance and is currently the President and Chief Executive Officer of Likrilyn Capital Corporation ("Likrilyn") and its Canadian and U.S. subsidiaries. Prior to founding Likrilyn, Mr. Blakely was the President and Chief Executive Officer of Northern Rivers Capital Management and prior to that practiced law and was a Managing Partner at Raymond and Honsberger. Mr. Blakely is a director of The Caring Foundation and is a Member of the Advisory Board at Northern Plains Investment Counsel. Mr. Blakely has been the Chairman of the Arts & Science Dean's Council at Queen's University. Mr. Blakely holds a Bachelor of Arts and a Bachelor of Law from Queen's University.

Kevin Keenan - Director

Kevin J. Keenan has more than 26 years of experience in the oil and natural gas industry. Mr. Keenan is currently an independent businessman in Calgary, Alberta. Prior to that, he was Vice President, Operations and Chief Operating Officer of Exshaw and President of Manor Venture Partners. Mr. Keenan holds a Bachelor of Applied Science from the University of Toronto.

Phillip A. Lamoreaux - Director

Phillip A. Lamoreaux has more than 40 years of experience in the financial investment industry and is the managing member of Lamoreaux Capital Management, an investment firm focusing on innovative public and private emerging growth companies. Mr. Lamoreaux has served as program chairman for the Financial Analysts Federation High Technology Conference and is currently a member of the CFA Society of San Francisco. Mr. Lamoreaux holds a Bachelor of Arts in Economics, with minors in engineering and mathematics from Stanford University and an MBA from the Harvard Graduate School of Business.

Andrew B. MacDonald - Director

Andrew B. MacDonald has been an independent businessman since 2009 and has more than 25 years experience in the investment business.  Prior to 2009, Mr. MacDonald held the position of Canadian Equities Portfolio Manager with Phillips, Hager & North Investment Management in Vancouver.  During has last two years with PHN, he was Co-Head of Canadian Equities.  Mr. MacDonald also worked for 12 years as a Portfolio Manager at Sceptre Investment Counsel in Toronto.  Mr. MacDonald holds a Bachelor of Arts in Geology from Princeton University, Princeton, New Jersey.

Clayton H. Riddell - Director

Clayton H. Riddell has more than 50 years of experience in the oil and natural gas industry. Mr. Riddell is the Chief Executive Officer and Chairman at Paramount Resources Ltd. Mr. Riddell also serves as the Chairman of Perpetual Energy Inc. and Trilogy Energy Trust. Mr. Riddell is a member of the Association of Professional Engineers, Geologists, and Geophysicists of Alberta ("APEGGA"), the Canadian Association of Petroleum Producers, the Canadian Society of Petroleum Geologists, the American Association of Petroleum Geologists and the Canadian GeoScience Council. Mr. Riddell holds a Bachelor of Science, with honours, in Geology from the University of Manitoba.

Brian G. Robinson - Director and Vice President, Finance and Chief Financial Officer

Brian G. Robinson has 30 years experience in the oil and natural gas industry. Mr. Robinson also served as Vice President, Finance and Chief Financial Officer for Duvernay and Berkley. Prior to these appointments, he held various finance and accounting positions in public oil and gas companies. Mr. Robinson holds a Bachelor of Commerce degree from the University of Calgary and is a Chartered Accountant.

Robert N. Yurkovich - Director and Executive Vice President, Exploration

Robert N. Yurkovich has over 29 years of experience in the oil and natural gas industry. Mr. Yurkovich previously served as Vice President, Exploration of Duvernay and as Executive Vice President, Exploration of Berkley. Mr. Yurkovich also served as a director of both of Duvernay and Berkley. In 2003, he was awarded the Stanley K. Slipper Award by the Canadian Society of Petroleum Geologists for outstanding contributions to oil and gas exploration in Canada. Mr. Yurkovich is a member of APEGGA. Mr. Yurkovich holds a Bachelor of Science in Earth Science, with honours, from the University of Waterloo.

Stanley Nowek - Vice President, Operations and Chief Operating Officer

Stanley M. Nowek has more than 30 years experience in the oil and natural gas industry. Prior to joining Tourmaline, he was Vice President, Operations and Chief Operating Officer of Duvernay and Manager, Engineering of Berkley. He is a member of APEGGA and the Association of Professional Engineers and Geoscientists of B.C. Mr. Nowek holds a B.Sc. in Chemical Engineering from the University of Alberta.

Ronald J. Hill - Vice President, Exploration

Ronald J. Hill has 30 years experience working in the oil and natural gas industry, with an emphasis on the play geology of the WCSB. Mr. Hill began his professional career at Petro-Canada; rising to the position of Exploration Team Leader for NEBC. For the majority of the last 15 years, he has worked at Berkley, Duvernay and now Tourmaline with increasing roles and responsibilities. Mr. Hill holds a Bachelor of Science, with honours, in Geology, graduating in 1980 from the University of Western Ontario.

Drew E. Tumbach - Vice President, Land and Contracts

Drew E. Tumbach has more than 25 years of experience in the oil and gas industry. Mr. Tumbach was Vice President, Land and Contracts at Duvernay and prior to that, was Vice President, Land at Anadarko Canada Corporation, following his tenure at Berkley as Vice President, Land and Contracts. Mr. Tumbach holds a Bachelor of Commerce degree from the University of Calgary and is a member of the Canadian Association of Petroleum Landmen.

W. Scott Kirker - Secretary and General Counsel

W. Scott Kirker has over 29 years of legal experience. Prior to joining Tourmaline, Mr. Kirker served as Manager of Corporate Affairs at Duvernay. Mr. Kirker has held various legal positions in private corporations and teaching positions at the University of Calgary Haskayne School of Business. Mr. Kirker is a member of the Law Society of Alberta and holds a Bachelor of Arts and Masters of Science degree from the University of Calgary and a Bachelor of Law from the University of Alberta.