Sproule Associates Limited
Unconventional

Jim Chisholm, B.Eng., P.Eng.
Supervisor, Engineering

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- Estimate reserves and economics for oil and gas properties
- Evaluate acquisitions and divestitures
- Prepare regulatory submissions
- Conduct evaluations of oil and gas companies
- Experience in Canada, Latin America and the United States

Scott Pennell, B.S., P.Eng.
Manager, New Plays and Technology
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- Coalbed methane, shale gas and tight gas
- Reserves evaluations
- Resource assessments and evaluations
- Audits and reviews
- Development programs
- Deliverability studies
- Economic analyses
- Acquisitions and divestitures
- Experience worldwide

Don Woods, B.Ed., B.Sc., P.Eng.
Manager, Engineering
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- Reserves evaluations and audits
- Reservoir engineering
- Production engineering
- Acquisitions and divestitures
- Experience in Austria, Belgium, Canada, China, the Czech Republic, Denmark, Egypt, France, Germany, Hungary, Indonesia, Iran, Iraq, Italy, Ivory Coast, Kazakhstan, Mexico, the Netherlands,
Nicaragua, Nigeria, Norway, Peru, Portugal, Spain, Sudan, Russia, United Kingdom and United States
Domestic
Gary Finnis, B.Sc., P.Eng.
Supervisor, Engineering
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- Reserves estimations and evaluations
- Reservoir assessment
- Economic analysis
- Production forecasting
- Acquisitions and divestitures
- Energy pricing, analysis and forecast development
- Regulatory submissions
- Experience in Western Canada Sedimentary Basin - British Columbia, Alberta and Saskatchewan; and Williston Basin - Montana and North Dakota, U.S.A.

Paul Jung, B.Sc., P.Eng.
Supervisor, Engineering

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- Reserves evaluations and audits
- Heavy oil production and operations
- Acquisitions and divestitures
- Regulatory submissions
- Experience in Canada and Czech Republic

Alec Kovaltchouk, M.Sc., P.Geol.
Manager, Geoscience

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- Reservoir evaluation and geological mapping
- Regional geological studies
- Evaluation of exploration programs
- Heavy oil geology
- Coalbed methane evaluations
- Author to industry
- Fluent in Polish, Russian and Ukrainian
- Experience in Canada, Czech Republic, Indonesia, Kazakhstan, Mexico, Poland, Romania, Russia (Dagestan, Siberia, Volga-Ural Region), and the Ukraine

Nora Stewart, B.A.Sc., P.Eng.
Manager, Engineering
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- Energy pricing, analysis and forecast development
- Reserves evaluations and audits
- Expert technical witness
- Resource assessments
- Resource value mediation
- Supply and demand forecasting
- Natural gas storage
- Natural gas marketing and contracts
- Lecturer to industry in evaluation of oil and gas properties
- Author of technical papers regarding petroleum prices and value
- Experience in Canada, Australia, China, Egypt, Slovakia and United States

Robert R. Warholm, B.Sc., P.Eng.
Manager, Engineering
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- Reserves and resource evaluations and audits
- Conventional oil and natural gas evaluations
- Cold production of heavy oil and SAGD recovery of oil sands
- Reservoir and production engineering
- Acquisition and divestiture evaluations
- Oil and gas field development studies
- Unitization studies
- Senior and mid-level executive business unit and technical management
- Worldwide experience in Canada, Sudan and the United States
Systems

Richard Gerritse
Senior Technical Advisor
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- Direct and control activities of employees engaged in computer operations and system development
- Plan and develop policies and procedures for computer operations
- Evaluate proposed data processing projects to assess adequacy of existing hardware and recommend purchase of equipment
- Develop budget and monitor expenditures
- Manage the development of inhouse software
- Evaluation of project corporate cash flows, such as Alberta Royalty Tax Credit (ARTC), Capital Gas Cost Allowance, Corporate Income Tax, and National Instrument 51-101 requirements
- Monitor changes in needs of clients and regulatory bodies; evaluate impact on existing software
- Fluent in Dutch
Administration / Accounting

Kevin McDonald, C.A.
Chief Financial Officer
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- Manage financial aspects of the company including budgeting, forecasting of revenues and expenditures, cash management, strategic planning, and related areas
- Contribute to strategic planning efforts to achieve company goals
- Work closely with company leadership in understanding business process considerations and develop solutions which deliver necessary functionality for each accounting process
Partners
Richard Brekke, B.Sc. P.Eng.
Partner

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- Estimate reserves and project economics for oil and gas properties
- Perform corporate evaluations using decline analysis, volumetrics, material balance and performance prediction techniques (using Merak's DECLINE); model economics using Sproule's in-house model
winNeval, Merak's CANADIAN PEEP, and Energy Navigator's VALUE NAVIGATOR
- Gather and assess reservoir, economic and geological data required for the evaluation process
- Conduct oil and gas deliverability studies
- Provide evaluation expertise with regard to acquisitions and divestitures
- Provide production exploitation and optimization strategies
- Analyze profitability for exploration and development projects
- Prepare oral and written reports
- Experience in Western Canada Sedimentary Basin

Khani Ghaffari, M.Sc., B.Sc., P.Eng.
Partner
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- Reserves estimations and evaluations
- Reservoir assessment
- Waterflood evaluation
- Production forecasting
- Acquisitions and divestitures
- Regulatory submissions
- Economic analyses
- Lecturer to industry in evaluation of oil and gas properties
- Experience in Western Canada Sedimentary Basin

Steve Golko, B.Sc., P.Eng.
Partner

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- Evaluate oil and gas properties within the Western Canada Sedimentary Basin, including estimation of reserves using volumetrics, material balance, decline analysis and performance prediction
techniques (using DECLINE software by Merak Projects Ltd. and MOSAIC software by Entero Corporation), and economic analysis using Sproule's in-house model, winNeval, Merak's CANADIAN PEEP, Energy
Navigator's Value Navigator, and Entero Corporations' MOSAIC
- Gather, reconcile and assess reservoir, economic and geological data required for the evaluation process
- Prepare oral and written reports on the results and methodology of property evaluations
- Experience in the Western Canada Sedimentary Basin

Brent Hawkwood, C.E.T.
Partner
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- Reserves evaluations and audits
- Reservoir engineering
- Experience in Canada and United States

Jim Hudson, P.L. (Eng.)
Partner
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- Reserves evaluations and audits
- Acquisitions and divestitures
- Experience in Canada (Western Canada Sedimentary Basin)

Meghan Klein, B.A.Sc., P.Eng.
Partner

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- Evaluate oil and gas properties within the Western Canada Sedimentary Basin, including estimation of reserves using volumetrics, material balance, decline analysis and performance prediction
techniques (using DECLINE software by Merak Projects Ltd. and MOSAIC software by Entero Corporation), and economic analysis using Sproule's in-house model, winNeval, Merak's CANADIAN PEEP, Energy
Navigator's Value Navigator, and Entero Corporations' MOSAIC
- Gather, reconcile and assess reservoir, economic and geological data required for the evaluation process
- Prepare oral and written reports on the results and methodology of property evaluations
- Experience in the Western Canada Sedimentary Basin

Jim Nemrava, R.E.T.
Partner
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- Reserves evaluations and audits
- Logistical and economic analysis for oil and gas development
- Drilling and completion cost audits
- Regulatory submissions
- Technical support for daily operations of small oil and gas companies
- Experience in Canada (Western Canada Sedimentary Basin, Ontario, Canadian Arctic, Beaufort Sea, and East Coast), United States (California, Texas, Louisiana, Colorado and Pennsylvania)

Matthew O'Blenes, M.Sc., B.Sc., P.Eng.
Partner
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- Reserves evaluations and audits
- Natural gas storage
- Gas transmission system planning and design
- Gas supply planning and forecasting
- Lecturer to industry in evaluation of oil and gas properties
- Experience in Canada and Australia

Lucy Precul, M.Sc., P.Eng.
Partner

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- Reserves evaluations and audits
- Reservoir engineering
- Coalbed methane, oil sands and heavy oil evaluations
- Presentation skills in Spanish, French, Romanian, Italian and Hungerian
- Experience in Canada, Argentina, Bolivia, and France

Colleen Rogers, C.E.T.
Partner

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- Reserves evaluations and audits
- Reservoir engineering
- Oil sands and heavy oil evaluations
- Economic models
- Experience in Canada, Australia, Benin, Colombia, China, Indonesia, Kazakhstan, Myanmar, Oman, Russia, United Kingdom, and United States

Peter Sidey, B.Sc., P.Eng.
Partner

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- Reserves evaluations and audits
- Quantitative risk assessment and statistical analysis of oil and gas plays
- Gas contract reserve determinations and negotiations
- Expert technical witness
- Litigation support: researching and writing arguments and cross-examination
- Development and exploitation of oil and gas fields
- Acquisitions and divestitures
- Profitability analyses for exploration and development
- Petroleum joint venture engineering
- Supervision of corporate insurance for oil and gas companies
- Experience in Canada, Algeria, Argentina, Australia, France, Holland, Peru, Spain, United Kingdom, United States and Venezuela

George Strother-Stewart, B.Sc., P.Geol.
Partner
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- Reservoir evaluation and geological mapping
- Completion programs
- Reservoir modelling
- Development and exploration drilling and recompletions
- Field operation programs
- Exploratory overviews
- Reservoir development and optimization studies
- Development of heavy oil properties
- Regulatory applications
- Experience in Argentina, Brazil, Canada, China, Kazakhstan, Libya, United States, Venezuela and Yemen

Attila A. Szabo, P.Eng.
Partner

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- Reserves evaluations and audits
- Conventional oil and natural gas evaluations
- Cold production of heavy oil
- Reservoir engineering
- Production engineering
- Acquisitions and divestitures
- Expert Witness Testimony
- Experience in Canada, China, India, Kuwait, Pakistan and United States
- Fluent in Hungarian

Brian Trieber, P.L. (Geol.)
Partner
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- Reservoir evaluation and geological mapping
- Exploration geology
- Experience in Canada, United States (Montana, Colorado, Texas, North and South Dakota, Kentucky), and Africa (Tanzania)