BlackPearl Resources Inc.

Directors and Management

John H. Craig
Chairman and Director

Mr. Craig practices in the securities law area with a focus on equity financings both for underwriters and issuers with an emphasis on resource companies, TSX listing, dealings with TSX and OSC for listed public companies, takeovers and issuer bids and going private transactions. Mr. Craig received his B.A. and Llb from the University of Western Ontario and was admitted to the bar in 1973.

John Festival
President, C.E.O. and Director

John Festival graduated from the University of Saskatchewan in 1984 with a degree in Chemical Engineering. He started his career in the heavy oil fields of Lloydminster with Home Oil Company. He then moved to Koch Exploration Canada, focusing on oil sands and heavy oil where he progressed to Vice President of Canadian operations. In 1999 John and several of his co-workers from Koch recapitalized BlackRock Ventures Inc. where he served as President and a director. Over the next seven years they grew production to 14,000 barrels per day and the stock price rose from $0.60 to $24 per share culminating with the sale of the company to Shell Canada Ltd. for $2.4 billion in 2006. With his partners from BlackRock they formed BlackCore Resources Inc., a private company focused on heavy oil exploration and production. In 2009 BlackCore did a reverse takeover of publicly listed Pearl Exploration and Production and rebranded the company as BlackPearl Resources Inc. Subsequently they grew production from 5,000 to 10,000 barrels of oil per day and over $2 billion of assets were developed. John is currently President, CEO and a director of BlackPearl Resources Inc. He is also a director of publicly listed Toscana Energy Inc. and a director of two private oil industry related companies.

Don Cook
Chief Financial Officer

Don Cook CA, CFA, has over 30 years of experience in the oil and gas industry, most recently as Vice President, Finance and Chief Financial Officer of BlackRock Ventures Inc. His work experience includes senior financial roles in both Canadian and US public companies.

Ed Sobel
Vice President, Exploration

Ed Sobel graduated from the University of Calgary in 1990 with a B.Sc. in Geology. He has over 20 years of experience as a heavy oil geologist, most recently as manager of geology at BlackRock Ventures Inc.

Chris Hogue
Vice President, Operations

Chris Hogue graduated from the Southern Alberta Institute of Technology with a Diploma in Petroleum Engineering in 1992. He has over 20 years of diversified heavy oil experience, most recently as manager of operations at BlackRock Ventures Inc.

Brian D. Edgar

A graduate of the University of British Columbia law school, Brian Edgar practiced corporate and securities law in Vancouver, British Columbia, Canada for sixteen years. Mr. Edgar has broad experience working in junior and mid-size level natural resource companies and is currently Chairman of Silver Bull Resources Inc., an exploration stage mining company.

Keith C. Hill

Mr. Hill is currently President and CEO of Africa Oil Corp., a publicly traded oil and gas company focused on East Africa. Mr. Hill previously served as President of Valkyries Petroleum, BlackPearl Resources and ShaMaran Petroleum and is currently a Director of Africa Energy and Chairman of Petrovista Energy. Mr. Hill has over 30 years experience in the oil industry including 18 years with the Lundin Group as well as international new venture management and senior exploration positions at Occidental Petroleum and Shell Oil Company. His education includes a Master of Science degree in Geology and Bachelor of Science degree in Geophysics from Michigan State University as well as an MBA from the University of St. Thomas in Houston.

Victor Luhowy

Victor Luhowy graduated from the University of Alberta with a Bachelor of Science in Mechanical Engineering in 1972. He later completed his Masters of Business Administration in 1992 at the University of Calgary. Mr. Luhowy has over 30 years experience in the oil and gas industry, and is President of BelAir Petroleum Management Ltd.. He has been on the board of BlackPearl Resources Inc. since 2009.

Joanne Hruska

Joanne Hruska is currently the Market Strategist for Integral Wealth Securities Limited and has over twenty years of experience investing in the Canadian energy sector. She has been a frequent contributor to both national and international televised and print media. Ms. Hruska graduated from the University of Calgary with a Bachelor of Commerce degree with a major in Finance and received the Chartered Financial Analyst designation in 1999 from the CFA Institute.

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