Board Of Directors


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Joseph Durante has over 24 years of direct industry experience. Mr. Durante was the Chief Executive Officer of Toscana Energy Income Corporation from 2010 to 2019. From 2005 to 2009, Mr. Durante was a co-founder and Chairman of Fairmount Energy Inc. and from 2002 to 2005 was co-founder and Chairman of Ranchgate Energy Inc. Prior thereto, Mr. Durante was Manager, Credit Western Canada with the National Bank of Canada. Mr. Durante holds a Bachelor of Commerce degree from the University of Calgary.



John Festival has over 24 years of experience in the oil and gas industry. Mr. Festival was the President, Chief Executive Officer and a director of BlackPearl Resources until December, 2018.  Prior thereto, Mr. Festival was the President of BlackCore Resources Inc. (from October 2007 to January 2009) and the President of Blackrock Ventures Inc. (from March 2001 to June 2006). Mr. Festival holds a Bachelor of Science in Engineering from the University of Saskatchewan.



Mr. Krausert has been the President of Beaver Drilling Ltd. since 1989 and prior thereto served as the General Manager of Beaver Drilling Ltd. Mr. Krausert serves on the board of directors for many private oil and gas companies and was the President of the Canadian Association of Oilwell Drilling Contractors in 1989. Mr. Krausert obtained his Bachelor of Science in Geology from the University of Alberta in 1973.



Stan Smith is a designated accountant with over 39 years of public accountant experience. Mr. Smith’s focus of practice was public company auditing and advising, primarily in the oil and gas exploration, production and service industry. After retirement from KPMG LLP on September 30, 2016, Mr. Smith has been acting as an independent businessman. Mr. Smith is a director of Touchstone Exploration Inc. Mr. Smith was a director of Savanna Energy Services Corp. (“Savanna”), a drilling and oilfield services company, from April 2017 until Savanna was acquired by Total Energy Services Inc. in June 2017 and was a director of Razor Energy Corp from January 2017 to September 2019.Mr. Smith is a member of the Chartered Professional Accountants of Alberta and Institute of Corporate Directors.