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Mr Teck Soon Kong was appointed as a Non-executive Director of the company on 23 October 2006. He is currently also an Executive Director of Gulf of Guinea Energy Limited, Sterling Resources Limited and Dhow Services Limited as well as Chairman of Noble Denton Group Limited. Mr Kong has many years experience at Board level including being Chairman and CEO of Nelson Resources Limited.

Serikjan Utegen was appointed as Chief Executive Officer of the Company on 23 October 2006. He has previously held the positions of Director of Operations and then President for KKM Holdings JSC developing three oil fields in Western Kazakhstan and has experience in the management of exploration, financing and corporate development. He has worked for a range of Kazakhstan oil companies, including the position of Head of the Transportation Department of KazTransOil National Oil Pipeline Utility of Kazakhstan.

Donald Sinclair is a Chartered Management Accountant and was appointed as Chief Financial Officer of the Company on 22 January 2007. Prior to joining the company he was Finance Manager with Grampian Country Food Group and previously spent four years with Syngenta, a leading agrochemical manufacturer becoming Business Controller for Syngenta’s $2 billion Herbicides global product line. Mr Sinclair holds a BSC degree in agriculture from the University of Aberdeen and an MSc degree in agricultural economics from the University of London.

Nurdin has been involved in various oil, gas and mineral consulting activities and IPOs. He has extensive experience of banking and finance from his time as a Director of PriceWaterhouseCoopers (Kazakhstan), as a Managing Director of Halyk Bank of Kazakhstan and through his work in the Government of Kazakhstan as a Director of State Investment Committee of the Republic of Kazakhstan and Assistant Chairman of the National Securities Commission of the Republic of Kazakhstan. Nurdin holds a law degree from Columbia University, New York and Kazakh State University Law School.

Charles de Chezelles was appointed as a non-executive director of the Company on 23 October 2006 and has spent most of his career in the financial industry in the US and Europe. He is currently Managing Director of Omega Trust Company Limited (London) and Damerin Limited (London).

Nick Clarke is a Chartered Engineer with 34 yeas mining experience since qualifying from Camborne School of Mines. He spent 16 years in production management in the mining industries of South Africa, Ghana, and Saudi Arabia where he held senior management positions in production and technical service departments. He has worked on a number of world-class mines including Ashanti Goldfields Corporation, Ghana and Mahd adh Dahab Mine, Saudi Arabia.
David Argyle was appointed as a non-executive director of the Company on 18 November 2008. Mr Argyle is currently President & CEO of Dynamite Resources Ltd (TSX-V:DNR) and has more than 16 years experience in the phosphate industry. Mr Argyle has held senior management positions on mining and chemical projects in China, South East Asia, Central Asia and Australia and holds a degree in Commerce from the University of Western Australia and an MBA from the University of Michigan.