Jay Lyons

Chief Executive Officer

Canada

Jay Lyons joined the Company in May 2019 as a Non-Executive Director and took on the role of Interim Chief Executive Officer in 2020 and Chief Executive Officer in June 2021.

Jay Lyons is a private investor with considerable experience in the oil and gas industries in both Canada and the United States. He has worked in a range of roles for both private and public companies in the upstream and downstream sectors. Jay Lyons has a strong familiarity and understanding of the Songo Songo project and the Tanzanian operating environment.

Blaine E. Karst

Chief Financial Officer

Canada

Blaine Karst has over 30 years experience in senior financial management roles. He is a former Chief Financial Officer for Vostok Energy Plc, a private UK based group with oil and gas operations in Russia. Prior to that he was the in-country Finance Director in Vietnam and Russia for Soco International Plc, a London Stock Exchange listed international oil and gas exploration and production company. Blaine Karst has a B. Comm. from University of Saskatchewan and is a Canadian Chartered Professional Accountant, Chartered Accountant.

Andrew Hanna

Managing Director, PanAfrican Energy Tanzania Ltd

Tanzania

Andrew Hanna has worked with Orca and PAET in various management roles for the past nine years, being appointed Managing Director of PAET in 2019. He joined Orca following a career spanning four decades in the public sector where he led engineering, logistics and security projects around the world. Since joining Orca, he has played an integral role in the development and delivery of strategic and operational plans for PAET, while taking a lead role in the management of complex senior stakeholder issues in Tanzania. Andrew Hanna has a strong background in electronic and civil engineering and has a Master’s Degree in Military Science from Cranfield University. He is a Fellow of the Chartered Management Institute and a Member of the Institute of Royal Engineers.

Andrew Hanna is pursuing a Master’s in Business Administration, specializing in Oil and Gas Management, through Robert Gordon University, Aberdeen.

Lloyd Herrick

Advisor to the Board and Management

Canada

Lloyd Herrick brings over four decades of international energy experience and following a 20 year career at TransGlobe Energy Corporation (“TransGlobe”) where he was Vice President, Chief Operating Officer and Director. Prior to TransGlobe, he served as President, Chief Executive Officer and a member of the board of Moiibus Resource Corporation, which was acquired by TransGlobe. Earlier in his career, Lloyd Herrick worked at Ranger Oil Limited, holding technical, management and executive positions, and was a petroleum engineer with Rupertsland Resources Ltd. And Hudson’s Bay Oil & Gas Ltd.

During his time as a member of the TransGlobe executive team and board, Lloyd Herrick acquired a wealth of experience in direct government negotiations, including concession agreement amendments and extensions to achieve optimum resource development.