MANAGEMENT TEAM

Dr. Ralph Gillcrist

Chief Executive Officer & President

Dr. Ralph Gillcrist is an accomplished oil and gas executive with proven leadership and business experience in Latin America. Dr. Gillcrist has over 28 years of experience in international oil and gas and has held various executive, technical, managerial and operating roles throughout Europe, Africa, Southeast Asia and South America for a number of international oil and gas companies. Dr. Gillcrist more recently served as Chief Executive Officer of Petroamerica Oil Corp. and is also an independent director at Madalena Energy Inc.

Alan Aitchison

Chief Operating Officer 

Mr. Alan Aitchison has over 30 years of corporate and resident in-country international experience throughout the world, predominantly in Latin America. Recently he served as Chief Operating Officer and as an in-country manager in Colombia for PetroGranada. Mr. Aitchison also spent 10 years in a variety of roles at Schlumberger, including Vice President of Production and prior to that held numerous technical and management roles that covered all aspects of facilities, production operations and evaluation of production and exploration wells.

Chris Reid

Chief Financial Officer

Mr. Reid was Interim President and Chief Executive Officer of Petrodorado Energy Ltd. (“Petrodorado”) since February 2015, and was appointed formally to such position in January 2016, where he led the turnaround of the company through a divestiture program, resulting in a market capitalization increase of approximately 400%. Mr. Reid was Chief Financial Officer of Petrodorado from January 2012 to January 2016 and, prior thereto, the controller of Petrodorado from July 2011 to January 2012. Mr. Reid was a Manager with KPMG LLP Calgary from September 2005 to July 2011.

Rafael Orunesu

Vice-President Business Development, Country Manager Argentina

Mr. Rafael Orunesu was Co-founder of Gran Tierra where he served as Vice President, Latin America and Country Manager for Peru and Argentina. Prior to his position at Gran Tierra, he was Engineering Manager for Pluspetrol, responsible for planning and development operations in major oil and gas field developments in Peru. Mr. Orunesu has also been involved in numerous asset evaluations, purchases and divestments covering Latin America and North Africa.

Francisco Bustillos

Vice President Corporate Development & Administration

Mr. Bustillos has over 30 years of experience in the oil and gas industry, corporate finance and public finance sectors. He is Director and Founder of F&B Consultores Asociados, a Financial and Strategy Consulting Firm that advises on financial and strategic services including corporate finance, public finances, financial engineering, company valuations, re-negotiation of commercial and financial liabilities, enterprise restructuring, strategic and fiscal planning. Mr. Bustillos was VP Administration & Performance for Petrominerales Ltd. from November 2013 until October 2015. At Pacific Stratus Energy, he served as VP Finance from May 2011 until May 2012 and then VP Administration & Performance from May 2012 until November 2013. Mr. Bustillos was VP Administration & Finance at PetroMagdalena from January 2011 until September 2012, and previously Executive VP PDVSA Gas.

242,201,602

common shares issued & outstanding

24,219,927

options outstanding

58,218,000

warrants outstanding

56,250,000

warrants trading PNO.WT

ABOUT PENTANOVA

PentaNova Energy Corp. is a publicly traded E&P company focused on proven oil & gas plays in Latin America. The Company holds a large diversified portfolio of unexploited assets in Colombia and Argentina where it will leverage its amplitude of technical expertise and proven track record building companies and creating value. This unique and strategic portfolio provides PentaNova with immediate production and significant upside, and allows the Company to exploit short, medium and long-term growth opportunities.

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