Directors

 
Clancy Cottman
Chairman & CEO

Clancy Cottman is Chairman, CEO and Founder of NiMin Energy Corp. Mr. Cottman has over 27 years experience in the oil and gas industry with a focus on joint ventures, acquisitions and project development. He serves on the Board of Etrion Corporation (formerly PetroFalcon), a renewable energy independent power producer traded on the Toronto Stock Exchange that has oil and gas assets in Venezuela. He is also on the Advisory Board to Nanes Balkany Partners, a hedge fund investor in small publicly traded energy companies. Mr. Cottman has held various senior management positions at PetroFalcon, Benton Oil & Gas and Sun E&P. He has negotiated numerous oil and gas contracts and arranged multiple energy financings in both North America and overseas. He holds a BA from Rochester Institute of Technology and an MBA from the University of Rhode Island. Clancy is a CPL and frequent presenter at industry conferences and seminars.

 
Brian Bayley
Director

Brian E. Bayley holds an M.B.A. from Queen's University. Mr. Bayley is currently the President and Chief Executive Officer of Quest Capital, a corporation which trades on the TSX and NYSE AMEX. Prior thereto, Mr. Bayley was the Co Chairman of Quest Capital from January 2008 to May 2009 and the President of Quest Capital from July 2003 until January 1, 2008. Quest Capital is a mortgage investment corporation that provides mortgage financing in the real estate sector. Mr. Bayley is also the President and a director of Ionic Management, a private management company. Mr. Bayley is also a director and/or officer of numerous other public companies.

 
William Gumma
Director

Bill Gumma has over 30 years of oil and gas experience, and has been responsible for worldwide exploration and production activities, including pioneering projects in the United States, Russia, and Venezuela. Mr. Gumma is currently a Managing Director at Chisholm Partners, LLC, an independent energy resource development company. Previously, Mr. Gumma served as President and CEO of PetroFalcon Corp., now Etrion Corp., a natural resource company formerly focused on oil and gas operations in Venezuela. He also worked in both engineering and exploration capacities at Shell USA and Amoco Oil Co. Additionally, Mr. Gumma served as Chief Geophysicist-International for Maxus Energy Corp. and as an executive officer and Director for Benton Oil and Gas Co., now Harvest Natural Resources. Mr. Gumma holds a Bachelor of Science degree in engineering from the Colorado School of Mines and a Master of Science degree in geophysics from Oregon State University.

 
W.A. (Alf) Peneycad
Director

Alfred Peneycad is a graduate of Queen's University Law School and is currently Of Counsel to Macleod Dixon LLP. He also serves as a director of several public companies, including Petro Andina Resources Inc., a Calgary-based and gas company with operations in Argentina. Mr. Peneycad recently retired from Petro-Canada where he served as Vice-President, General Counsel and Chief Compliance Officer. Mr. Peneycad spent 28 years at Petro-Canada and while there, played a lead role in the acquisition of several major companies in Canada, the US and internationally.

 
Robert Redfearn
Director

Robert L. Redfearn is a graduate of Tulane University (B.B.A., J.D.), specializing in oil and gas related law. Prior to joining Deutsch, Kerrigan and Stiles, a New Orleans based law firm, where his practice centered around the oil and gas industry and included representation of clients in mergers of businesses and acquisitions of oil and gas properties, financings, complex litigation and arbitrations related to oil and gas, environmental concerns, and banking and securities, Mr. Redfearn was employed in the legal department of Humble Oil & Refining Company (now Exxon Corporation). In 1979, Mr. Redfearn became a founding partner of Simon, Peragine, Smith & Redfearn, L.L.P., where he continues his representation of clients as reflected above.