Mr. Hwang is Executive Director of the publicly listed Hong Kong Parkview Group Ltd., a division of the family-controlled Chyau Fwu Corporation. Parkview's core business includes property development, shipping/transportation and hospitality. He is also President of Parkview International London PLC, which company sold, in December 2006, the Battersea Power Station redevelopment project in Central London for £400million. Mr. Hwang holds a BSc in Business Administration.

Dr. Wang holds a PhD in Geology from Imperial College, London. He was a member of the research staff at Imperial College prior to joining Primeline in January 1994. Dr. Wang was a key member of Primeline's technical team before being appointed Vice President of Exploration in December 1996. Since then he has been responsible for all technical operations for Primeline, including the successful drilling operation of the Lishui 36-1 discovery well, and has been instrumental in negotiating all the operating arrangements. CEO since April 2006, Dr. Wang has extensive knowledge of, and contacts within, China's petroleum industry and regulatory bodies.

A Certified Accountant based in Hong Kong, Mr. Chan has extensive experience in international banking and commerce. His responsibilities include the formulation and implementation of corporate and business strategies with respect to the Company's East China Sea Project. In addition, Mr. Chan is General Manager and Director of the Hong Kong Parkview Group Ltd..

Mr. Johnson has over 30 years of oil industry experience with various companies with particular management and operational experience in Africa, CIS and China. He was Chief Operating Officer for the Cluff Group of Companies from 1996-2000. He joined Glencore in 2000 as senior upstream oil manager for Glencore worldwide, looking after projects that included a 280,000 bblpd production venture and exploration projects in Africa and South America.

Mr. Phipps has over 30 years of oil and gas experience with Exxon, CanOxy/Nexen, and PetroCanada. Most recently, in 2005, he was employed as Executive VP of PetroKazakhstan and was preparing to become President and CEO of this company when it was successfully sold for US$4.2 billion in late 2005 to China National Petroleum Corp. Mr. Phipps sits on the boards of several listed companies and is President and CEO of CEP International Petroleum Ltd.

Mr. Cao has over 30 years oil industry experience in China. He retired in 2006 from CNOOC where he was general counsel, company secretary and senior vice president of CNOOC Ltd. (NYSE: CEO). Mr. Cao was instrumentally involved in the listing of CNOOC Ltd. and subsequent fund raisings. Mr. Cao was in charge of CNOOC head office legal department and was responsible for all petroleum contracts entered into by CNOOC with international companies since 1982.

Mr. Kelty has extensive experience in restructuring and financing major Asian regional corporations as well as advisory work for European and US multi-nationals. Mr. Kelty is a Certified Public Accountant and a member of the Illinois State Bar. He holds a Masters degree in Business Administration with a major in Accounting and is a Doctor of Jurisprudence.