Management & Directors

Winstar is a public oil and gas exploration company focused on Tunisia.

MANAGEMENT

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David Monachello

President, Director - Calgary, Canada

Mr. Monachello has extensive exploration and corporate skills that were developed during his distinctive 30 year career. He obtained his BSc degree (with Honours) from the University of Toronto and attended Queen’s University for a geology specialization. Mr. Monachello spent 16 years at Paramount Resources Ltd. serving as geologist, chief geologist, officer, director and Vice President of Exploration throughout his tenure. He resigned from Paramount in 1996 when he was recruited as CEO and turn-around specialist for Coparex Canada Ltd., a private exploration and production company wholly owned by Coparex International. In 1999, he left Coparex to join Stylus Exploration Inc. Mr. Monachello left Stylus in 2002 as its CEO and director to startup Winstar Resources Ltd.


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Jerrad Blanchard

Chief Financial Officer - Calgary, Canada

Mr. Blanchard assumed the role of Chief Financial Officer in January 2012. He was the Controller of Winstar Resources Ltd. since early 2008 and as such has an in-depth knowledge of the financial affairs of the Company. Mr. Blanchard became a member of the Institute of Chartered Accountants of Alberta in 2007.


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Rafik Hamza

General Manager - Tunis, Tunisia

Mr. Rafik Hamza has over 30 years of experience in the oil and gas industry. He received his BSc degree in Physics from the University of Tunisia and his MSc degree in Electronics and Automation Engineering from the Nancy Engineering School in France. He spent 17 years at SEREPT (an associate company of ELF Hydrocarbons and ETAP) from 1979 to 1995 including roles as an Offshore Field Manager, Production and Process Engineer, Project Start Up Manager and a Production Manager. He continued his career from 1996 to 2004 at TPS in Tunisia (an associate company of British Gas and ETAP) as Production Manager and then as General Manager. He also served as Production Manager for two years at PA Resources in Tunisia. Mr. Hamza joined Winstar Tunisia B.V. as Operations Manager in 2007 until being appointed General Manager in April 2011.

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Gabor Tihanyi

General Manager of Hungary - Szolnok, Hungary

Mr. Tihanyi has over 30 years industry experience in a wide variety of roles. His former positions include Drilling Engineer, Project Manager of Deep Water Wells and Chief Engineer. Prior to taking on the role of General Manager of Hungary for Winstar, Mr. Tihanyi held the position of Executive Manager for MOL Tunisia Oil and Gas Ltd.

Mr. Tihanyi has a MSc in Mining and Engineering from the Technical University of Heavy Industry (Miskolc, Hungary).

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BOARD OF DIRECTORS

Doug Baker

Director - Calgary, Canada

Mr. Baker serves as Chairman of Winstar’s Audit Committee. He has more than 30 years of experience as a professional chartered accountant in the oil and gas industry. He is the past chairman of the Canadian Institute of Chartered Accountants. In 1996, he received the honour of being named a Fellow of Chartered Accountants and in 2011, he received the Lifetime Achievement Award from the Institute of Chartered Accountants of Alberta.

His oilfield experience highlights include the following: From 1997 to 2001, as a member of a three person owner management team, Mr. Baker brought Forte Energy Ltd. from a $2.5 million blind capital pool to a company that sold for $55 million. From 1993 to 1996, at Chancellor Energy Resources Inc., he was instrumental in securing US $40 million long term debt financing, two flow through share issues raising $7.8 million and a corporate acquisition worth $52 million. Mr. Baker has also served as Vice President and Chief Financial Officer at Forte Resources Inc. (2001 to 2005), and CFO of Valiant Energy Inc. (2005-2006), Territorial Resources Inc. (1996 to 1997), American Eagle Petroleum Ltd. (1991 to 1993) and Conquest Exploration Inc. (1983 to 1991).


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W. Russ Duncan

Director - Calgary, Canada

Mr. Duncan is a professional engineer over 35 years of experience in the oil industry. He is currently co-founder and Director of Sky Hunter Corporation. He has held engineering and marketing positions with Alberta Eastern Gas Limited and Ocelot Industries Ltd. He was an Officer and Director of Paramount Resources Ltd. and a Director of Newalta Corporation.

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Evgenij Iorich

Director – Zurich, Switzerland

Since September 2006, Mr. Iorich has been with Pala Investments AG, the exclusive advisor to Pala Investments Holdings Limited, a multi-strategy investment company dedicated to investing in, and creating value across the mining sector in both developed and emerging markets. Mr. Iorich is involved in base metals and bulk commodites companies and several Eastern European oil and gas projects. He began his career in commodities trading at Mechel, the Russian metals and mining company, where he was involved in trading and contracting.

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Bryan Lawrence

Director - New York City, USA

Mr. Lawrence is a founder and senior manager of Yorktown Partners LLC, the manager of the Yorktown group of investment partnerships, which makes investments in companies engaged in the energy industry.  The Yorktown partnerships were formerly affiliated with the investment firm of Dillon, Read & Co. Inc. where Mr. Lawrence was employed since 1966, serving as a Managing Director until the merger of Dillon Read with SBC Warburg in September 1997.  Mr. Lawrence also serves as a director of several other publicly traded companies and certain non-public companies in the energy industry in which Yorktown partnerships hold equity interests.  Mr. Lawrence is a graduate of Hamilton College and also has a MBA from Columbia University.

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Bruce Libin

Chairman of the Board - Calgary, Canada

Mr. Libin was the President of Logan International Inc., the successor to Destiny Resource Services Corp., for which Mr. Libin was Executive Chairman and Chief Executive Officer from December 2000 to February 2010.  From 1994 to 2000, his principal occupation was as President of BR Libin Capital Corp., an investment and merchant and investment banking advisory services company. Prior to that time, he was a senior partner, involved with mergers and acquisitions and securities law, with the law firm Bennett Jones, which he joined in 1975.

Mr. Libin has a BComm (Honours) from the University of Toronto, his Juris Doctorate from the University of Pennsylvania Law School and his MBA from the Wharton School. He was appointed Queen’s Counsel in 1990, received the Canada 125 Medal of Distinction in 1992 and was granted an Honorary Degree from the Southern Alberta Institute of Technology in May 2002. He is also a member of the Board of Directors of Greengate Power Corporation, Optimal Resources Inc. and several private corporations, foundations and community organizations.

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Robert Mitchell

Director - Calgary, Canada

Dr. Mitchell has more than 40 years of domestic and international oil and gas experience. In 2003, he retired from Talisman Energy Inc. as Executive Vice President of North American Operations. Preceding his tenure with Talisman, Dr. Mitchell held executive positions with BP Canada Inc., BP International and Royal Dutch Shell where he managed Canadian oil sands and exploration/development projects in the North Sea, the Netherlands, Africa, the Middle East and the USA. Dr. Mitchell has also been a director of several commercial and private corporations.

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David Monachello

Director, President - Calgary, Canada

see biography above

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Christopher J. Whyte

Director - Houston, USA

Mr. Whyte is the President, Chief Executive Officer and a director of Houston-based PetroSantander Inc., which owns and operates oil and gas producing properties in the United States, Colombia, Romania and Brazil, since 1995. Mr. Whyte holds a BA from the University of Pittsburgh.

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