Ignis Petroleum Group Inc.

Philipp Buschmann joined our board of directors effective June 5, 2005. Since September 22, 2006, Mr. Buschmann has been unemployed. From May 25, 2005 to September 22, 2006, Mr. Buschmann was our Chief Operating Officer and Secretary. Since December 2004, Mr. Buschmann has been Chief Executive Officer of Ignis Petroleum Corporation, an oil and gas corporation located in Dallas, Texas, which became a subsidiary of Ignis Petroleum Group, Inc. on May 16, 2005. From November 2004 to April 2005, Mr. Buschmann was engaged in start-up activities for Ignis Petroleum Corporation. From September 2003 to November 2004, Mr. Buschmann was a management consultant with Booz Allen Hamilton located in London, United Kingdom. From July 2003 to September 2003, Mr. Buschmann was unemployed. From September 2001 to July 2003 was a student at a London Business School where he received a Master of Business Administration degree. From May 2002 to August 2002, Mr. Buschmann was a management consultant with Booz Allen Hamilton located in London, United Kingdom. From February 2001 to September 2001, Mr. Buschmann was unemployed. From August 1998 to February 2001 he was project manager for Razorfish, a corporation engaged in the business of IT consulting, located in Boston, Massachusetts.

Shawn Clift was appointed as Chief Financial Officer on November 17, 2006. From August 2005 to September 2006, Ms. Clift served as Vice-President of Finance of CDX Gas, LLC, an independent coalbed methane extraction company, where she directed financing activities and managed private equity acquisitions. From 2001 to July 2005, Ms. Clift served as Director of Finance for Olympus America Inc. - Diagnostic Systems Group, an international company specializing in medical equipment and consumer products. From 1998 to 2001, Ms. Clift served as Senior Coordinator of International Controls in the New York office of Amerada Hess Corporation, an integrated international oil and gas company with annual sales of $12 billion. Ms Clift was a controller for two oil and gas companies for 15 years. Ms. Clift holds a Bachelor of Science degree in Accounting from Regis University.

Mr. Timothy Hart, C.P.A. is an accomplished accountant with over 26 years experience in accounting, and financial reporting. He has held senior management positions with a major real estate development firm, an international public accounting firm and as a director with MIS. Mr. Hart most recently served as the Chief Financial Officer of Taylor Madison, a major accounting firm. He has also held the position of Senior Manager with KPMG Peat Marwick/KMG Main Hurdman, one of the largest international public accounting firms.

John M. Glynn became our Senior Vice President of Development and Operations on October 16, 2006. Mr. Glynn has over thirty years of experience in the petroleum exploration and production industry. From April 2005 to October 2006, Mr. Glynn served as Vice President of Production of Nexen Petroleum USA, Inc., the Dallas-based subsidiary of publicly traded, Nexen Inc., an independent, Canadian-based global energy company. As Vice President of Production, Mr. Glynn was responsible for production optimization, field exploitation and property divestment for all the subsidiary's producing properties. From 2002 to April 2005, Mr. Glynn served as the subsidiary's Vice President of Engineering & Development, overseeing its petroleum engineering and development operations. From 1998 to 2002, Mr. Glynn served as Vice President of Engineering for Nexen's predecessor, CXY Energy, Inc., during which time he was responsible for all the company's petroleum engineering applications. Mr. Glynn holds a Bachelor of Science degree in Petroleum Engineering from Texas A&M University in College Station, Texas.

Patty Dickerson became our Vice President of External Relations on June 19, 2006. Ms. Dickerson directs Ignis' corporate communications, investor relations and financial and trade communications efforts. Ms. Dickerson has directed investor relations initiatives within publicly traded companies for more than twenty years. She has been instrumental in the design and implementation of investor communications programs as well as serving as liaison with analysts, brokers, stock exchanges and regulatory agencies, shareholders, institutional investors and the financial news media. Ms. Dickerson served as company spokesperson for Box Energy Corporation, a NASDAQ company, from 1970 until 1997. She created annual reports, presentations, newsletters and other material to enhance corporate visibility. Additionally, she served as corporate secretary for the company and several of its subsidiaries. Most recently, Ms. Dickerson was Principal of Energy Direct Communications, L.L.C. where she developed programs for a select client base of small and mid-cap energy companies, including Cotton Valley Resources, Aspen Energy, Teras Energy and Queen Sand Resources Corporation. Ms. Dickerson has a bachelor's degree in government affairs from Texas Woman's University in Denton, Texas and holds a law degree from Texas Tech University in Lubbock, Texas. She has volunteered her communications services to various organizations, while serving as a Board Member for the National Audubon Society, the League of Women Voters and the March of Dimes.

James H. Dorman joined our board of directors on December 27, 2007, replacing the position vacated by Mr. Piazza. Mr. Dorman has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001, he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.