Memet Kont

Calvalley Petroleum, Inc. is engaged in the exploration, development and production of crude oil and natural gas. Its operating assets are located in Yemen, Ethiopia and Canada. The company was founded on July 1, 1996 and is headquartered in Calgary, Canada.

Founded by Robert Jennings in 1993, Jennings Capital, Inc. is an independent full-service booker/dealer located in Toronto, Ontario with an additional office in Calgary, Alberta. The firm provides in-house research services covering a variety of sectors including: (1) oil and gas production and exploration companies (2) oil and gas service companies (3) electric power companies (4) base and precious metal companies (5) forest products (6) consumer and retail (7) industrial technology and (8) special situations. Their research coverage also includes other high-growth areas and companies as determined by the firm. Jennings Capital is a member of the CIPF and the IDAC. Jennings Capital is allied with Western Financial Group Inc. (TSX-WES), a large Western Canadian network based. Western Financial Group provides all forms of industrial, commercial, residential and car insurance, including disability and life insurance, through its wholly-owned subsidiary, Western Life. Western Financial Group also holds 100% ownership in their subsidiary, Bank West.

UBS Securities Canada, Inc. is a Canadian investment bank and securities firm headquartered in Toronto, Ontario. The firm is a subsidiary of UBS Holding Canada Ltd. and their ultimate parent is UBS AG (NYSE: UBS) in US. UBS Securities Canada provides execution services for their clients' orders. They consider factors such as price, size of the order, the potential for price improvement, the speed of execution, the certainty of execution, trading characteristics of the security, and the overall cost of the transaction when costs are passed on to clients. In addition, prevailing market conditions are taken into consideration when manually handling a client order, such as the direction of the market for the security, the depth of the posted market, the last sale price and volumes of previous trades, the size of the spread, and the liquidity of the security.

The Alberta Securities Commission provides securities and investment services. The private company is based in Calgary, Canada. Stan Magidson has been the CEO of the Canadian company since 2002.

Mediterra Energy Corp. operates as an upstream oil and gas company. Its portfolio of assets include Sudr, Matarma, Asl development leases; Al Baraka and West Baraka Development Leases; and Block 7 and 8. The company was founded in 2011 and is headquartered in Calgary, Canada.