Tower Resources

Peter Kingston BA (Hons) Mathematics, Oxford University (Executive Chairman)

Peter Kingston is a Petroleum Engineer having more than 40 years of experience in technical, executive and advisory roles. He has been directly engaged, as a director, in the strategic development of oil companies for over 20 years and has served as executive and non-executive director of UK-based oil and gas companies, including LSE-listed, AIM-listed and private companies. He was Joint-Managing Director of Enterprise Oil Plc from 1984 to 1992. He is currently Deputy Chairman and Senior Independent Director of Soco International Plc, the LSE-listed international E&P oil company, where he also serves as Chairman of the Audit and Remuneration Committees. As an experienced consultant in the field of corporate governance and social responsibility, he has advised various oil and gas companies and organizations on the business dimension of corporate responsibility and sustainability. He became Chairman of Tower Resources on 1st February 2006.

Peter Taylor BSc CEng (Non-Executive Director)

Peter Taylor is Joint Chairman of TM Services Ltd, an international oil and gas consulting company. In 1991, he was a founding member and director of TM Oil Production Ltd, which is now Dana Petroleum Plc, an oil and gas company listed on the Official List and one of the UK’s leading independents. Mr Taylor was a director of Dana until 2001. He was also a founding member and director of Consort Resources Ltd, which became a significant North Sea gas production company, and of Planet Oil Limited, which was merged with Hardman Resources Limited in 1998. Mr Taylor was a founding member and director of Star Petroleum PLC, which was incorporated into Global Petroleum Ltd, which is dual ASX and AIM listed and which has significant interests in Kenya and the Falkland Islands. Mr Taylor is a founding member and director of Neptune.

Peter Blakey BSc CEng (Non-Executive Director)

Peter Blakey is Joint Chairman of TM Services Ltd, an international oil and gas consulting company. In 1991, he was a founding member and director of TM Oil Production Ltd, which is now Dana Petroleum Plc, an oil and gas company listed on the Official List and one of the UK’s leading independents. He was also a founding member and director of Consort Resources Ltd, which became a significant North Sea gas production company, and of Planet Oil Limited, which was merged with Hardman Resources Limited in 1998. Mr Blakey was a founder member and director of Star Petroleum PLC, which was incorporated into Global Petroleum Ltd, which is dual ASX and AIM listed and which has significant interests in Kenya and the Falkland Islands. Mr Blakey is a founding member and director of Neptune.

Mark Savage B. Bus. (Non-Executive Director)

Mark Savage was born and educated in the United States of America where he received a business degree from the University of Colorado and was senior executive for a number of US banks before he joined an Australian based merchant bank. Mr Savage has experience in debt and equity markets as well as in the corporate advisory area. He has held directorships with a number of public companies. Mr Savage is a director of Global Petroleum Ltd which is dual ASX and AIM listed and which has significant interests in Kenya and the Falkland Islands.

Jeremy Asher (Non-Executive Director)

Jeremy Asher is Chairman of Agile Energy Limited, a privately held energy investment company; and a director of several non-energy-related companies. Following several years consulting with Mercer Management Consulting, Jeremy ran the global oil products trading business at Glencore AG, and then acquired, developed and sold the 275,000 b/d Beta oil refinery at Wilhelmshaven in Germany. As CEO of PA Consulting Group, he oversaw PA’s globalisation and growth from 2,500 to nearly 4,000 staff. Jeremy is a graduate of the London School of Economics and the Harvard Business School.