The following are brief profiles of the directors 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 - Director since August 6, 2008
Mr. Rose has been the Chairman, President and Chief Executive Officer of Tourmaline since he founded the Company in August 2008. Prior thereto, he was Chairman, President and Chief Executive Officer of Duvernay Oil Corp. ("Duvernay"), a publicly traded oil and gas company (2004-2008). Mr. Rose has more than 36 years of experience in the oil and gas industry and held various exploration and production positions including managing exploration and petroleum engineering research for a large E&P company before founding Berkley Petroleum Corp. ("Berkley") in 1993. After the sale of Berkley in 2001, Mr. Rose founded Duvernay, which was sold in August 2008. Mr. Rose was educated at Queen's University, graduating with an honours degree in Geology. Mr. Rose is a member of the Association of Professional Engineers and Geoscientists of Alberta and the Canadian Society of Petroleum Geologists. Among other awards, Mr. Rose is the recipient of the Stanley Slipper Gold Medal from the Canadian Society
of Petroleum Geologists (2009). (Age: 58)
William D. Armstrong - Director since October 27, 2008
Mr. Armstrong is the President and Chief Executive Officer of Armstrong Oil & Gas Inc. ("AOG"), an oil and gas exploration and production company headquartered in Denver, Colorado. Mr. Armstrong founded AOG in 1985, and has grown the business by generating and drilling large impact wildcat exploration opportunities. Over the last fifteen years, AOG has been involved in the discovery of over a dozen new fields with recent areas of activity in the North Slope and Cook Inlet Basins of Alaska, the Gulf of Mexico, the San Joaquin Valley, the Williston Basin, the Michigan Basin, and the Wyoming/Utah Overthrust Belt. Mr. Armstrong graduated Phi Beta Kappa from Southern Methodist University with a degree in Geology in 1982 and is active in numerous business ventures, investments and philanthropies and is on the board of the Denver Art Museum and Southern Methodist University. (Age: 56)
Lee A. Baker - Director since March 22, 2011
Mr. Baker is the President and Chief Executive Officer of Nordegg Resources Inc., a private oil and gas company which he cofounded in March 2008. Prior thereto, he was the President and Chief Executive Officer of RSX Energy Inc., a publicly listed oil and gas company. Mr. Baker has over 35 years of experience in the oil and gas industry and held various positions as geologist, district geologist, Vice-President, and President and Chief Operating Officer of a publicly traded oil and gas exploration company. Mr. Baker was educated at McMaster University, graduating with an Honours degree in Geology. Mr. Baker is a member of the Association of Professional Engineers and Geoscientists of Alberta. (Age: 60)
Robert W. Blakely - Director since October 27, 2008
Mr. Blakely is the President of Likrilyn Capital Corporation and Eastbourne Investments Ltd.
Mr. Blakely formerly practiced law in Toronto, specializing in litigation and completing his legal career in 1990 as Managing Partner at Raymond and Honsberger. In 1990, Mr. Blakely started an asset management firm focusing on oil and gas and U.S. real estate. The business invested in several private and public ventures and concentrated on Canadian oil and gas entities and oil service companies. The real estate investments have been geographically situated in South and Southwest U.S.
Mr. Blakely has served as Chair of the Audit Committee of Tourmaline since inception and is past chair of the Audit Committee of Duvernay. Additional audit committee experiences were on the public boards of Scott's Hospitality Inc., Denninghouse Inc., Laser Quest Corporation and Connor Clark Ltd. and private entities Likrilyn Capital Corporation, Eastbourne Investments Ltd., Perojean Investments Limited and the Caring Foundation.
Mr. Blakely graduated from Queen's University in 1973 with an LL.B. and has been a member of the Law Society of Upper Canada since 1975. He is the past Chairman of Queen's University Arts & Science Deans Council. (Age: 68)
Kevin Keenan - Director since October 27, 2008
Mr. Keenan has been an independent businessman since November 2009. He was the Vice President, Operations and Chief Operating Officer of Exshaw Oil Corp. and prior thereto was the President of Manor House Venture Partners Inc. Mr. Keenan started his 32-year career in production engineering and has held senior engineering and chief operating officer positions in Berkley, Duvernay and Exshaw Oil Corp. He has extensive experience in exploration, engineering and operations as well as managing E&P organizations. Mr. Keenan previously served as a director of Duvernay and is president of Foxwood Inc. a private oil/real estate investment company.
Mr. Keenan graduated from the University of Toronto with a Bachelor of Applied Science (mechanical engineering). (Age: 56)
Phillip A. Lamoreaux - Director since September 9, 2010
Mr. Lamoreaux was the managing general partner and portfolio manager of Lamoreaux Partners, an investment partnership focusing on innovative public and private emerging growth companies with emphasis on information technology, before retiring in December 2015.
He worked for Dean Witter, and was an analyst and portfolio manager at American Express Investment Management before co-founding Lamoreaux, Glynn and Associates, in 1974. He established Lamoreaux Partners in 1983.
Mr. Lamoreaux has served as program chairman for the Financial Analysts Federation High Technology Conference and is currently a member of the Chartered Financial Analyst Institute. He has served as President of the Interfaith Housing Foundation and was on the Boards of Hospice of Marin, Northern California Olympic Committee, Marin Theatre Company and Yosemite National Institutes.
Mr. Lamoreaux received a B.A. in economics, with minors in engineering and mathematics, from Stanford University, and an M.B.A. from the Harvard Graduate School of Business. (Age: 74)
Andrew B. MacDonald - Director since March 22, 2011
Mr. MacDonald has been an independent businessman since January 2009. Prior thereto he was the Co-Head of Canadian Equities and Portfolio Manager with Phillips, Hager & North Investment Management, where he was responsible for client investments in the energy sector. He began his career as a well site geologist and has worked in the investment business for 30 years. He worked for 23 years as an investment/portfolio manager and has extensive experience in financial statement analysis, corporate governance, and compensation. He has served on the boards of various charitable organizations including the John Howard Society of Toronto.
Mr. MacDonald graduated with a B.A. in Geology from Princeton University. (Age: 56)
Brian G. Robinson - Vice President, Finance and Chief Financial Officer - Director since October 27, 2008
Mr. Robinson is a director and the Vice President, Finance and Chief Financial Officer of Tourmaline since August 2008. Prior thereto, Mr. Robinson was Vice President, Finance and Chief Financial Officer of Duvernay and prior to that was Vice President, Finance and Chief Financial Officer of Berkley. Prior thereto, Mr. Robinson held numerous positions in finance and accounting with intermediate and senior oil and gas companies commencing his career with a large public accounting firm. Mr. Robinson has 36 years of experience in the oil and gas industry in the disciplines of finance, financial reporting, budgeting, accounting, management, treasury, tax, and business development.
Mr. Robinson holds a Bachelor of Commerce degree from the University of Calgary and is a member of the Institute of Chartered Accountants of Alberta. (Age: 59)
Jill T. Angevine - Director since November 4, 2015
Ms. Angevine has been a director of Tourmaline since November 4, 2015. Ms. Angevine is a Vice President and Portfolio Manager at Matco Financial Inc. with over 20 years of investment and research experience. Ms. Angevine also serves on the boards of Chinook Energy Inc. and Advantage Oil and Gas Ltd. Prior to joining Matco Financial, Ms. Angevine was Vice President and Director, Institutional Research at FirstEnergy Capital Corp. She graduated from the University of Calgary in 1989, having earned a Bachelor of Commerce. She has earned the Chartered Accountant (CA) and the Chartered Financial Analyst (CFA) designations as well as the Institute of Corporate Directors (ICD.D) designation. (Age 48)
John W. Elick - Director since March 19, 2013
Mr. Elick was the founder and Chief Executive Officer of Cinch Energy Corp., a public oil and natural gas company from November 2001 to November 2009 and the Non-Executive Chairman from November 2009 to July 12, 2011. Prior thereto, Mr. Elick occupied the position of Vice President of Land at Pan East Petroleum Corp. (a public oil and natural gas company that he co-founded) from July 1993 to November 1998. Prior to that he spent 23 years at Amoco Canada Petroleum Company Ltd. ending his time there as Division Landman.
Mr. Elick holds a degree from the College of the Sequoias. (Age: 73)
Ronald C. Wigham - Director since March 7, 2016
Mr. Wigham has been an independent businessman since 2014, when he retired as Vice-Chairman of Peters and Company (“Peters”), a boutique Calgary investment dealer specializing in oil and gas and oilfield services equities. Before joining Peters in 1998, Mr. Wigham had been: 1) Vice President, Finance and Corporate Development, at Pan East Petroleum Corp., a natural gas exploration company; 2) Oil and gas analyst, First Marathon Securities; and 3) Commercial litigation partner at Milner Fenerty (now Dentons). Mr. Wigham received a B.A. Finance in 1978 from the Honors College, University of Oregon, and an LLB from the University of Victoria in 1981. He is currently a director of Zargon Oil & Gas Ltd., a publicly traded company on the TSX (since 2015) and of Spur Resources Ltd., a private oil and gas company (since 2012). (Age: 59)