Management Team

Femi Ayoade , , , Chief Executive Officer

Femi Ayoade was named managing director for Erin Energy in 2013. Mr. Ayoade joined the company as technical manager in September 2011. Prior to joining Erin Energy, he was technical manager of Allied Energy Plc where he provided leadership in a variety of positions, including Drilling, Petroleum Engineering, and Project and Petroleum Operations.

Mr. Ayoade earned a HND degree in petroleum engineering from the Petroleum Training Institute in Nigeria and a master's degree in petroleum engineering from the University of Houston. He is a member of the Society of Petroleum Engineers.

Heidi Wong , , , Senior Vice President, Corporate Services

Ms. Wong was appointed as Senior Vice President and Chief Administrative Officer in September 2013. She originally joined the Company in 2008 and served in various roles, including Vice President of Business Planning and Strategy and Managing Director of the Company’s China operations. As Vice President of all China operations, she managed all aspects of in-country business development and government relations.

Ms. Wong worked for more than two decades in business development, government liaison and commercial affairs in the Chinese energy market with both Texaco and Chevron. She held multiple key positions, including: Director of Marketing and Government Affairs for Texaco China, General Representative for Texaco in Beijing prior to the Texaco-Chevron merger, Vice President of Business Development and External Affairs for ChevronTexaco China Energy Co., following the merger. Ms. Wong holds an MBA degree from Wuhan University and is a current member of the Association of International Petroleum Negotiators, and The Society of Petroleum Engineers.

Carl Scharpf , , , Vice President, Geosciences and Exploration

Carl Scharpf joined the company in November 2015 as Exploration & Geoscience Vice President. He has 26 years of experience in the oil and gas industry and a proven track record of exploration success around the world. He has significant experience in China, Indonesia, Trinidad, Australia, Egypt, Russia, Vietnam, the Gulf of Mexico as well as other parts of the world. Recently, Mr. Scharpf was the Offshore Gulf of Mexico Exploration Manager for Apache Corporation in Houston, USA. He held a similar position at Murphy Oil that was preceded by a role as Indonesia Exploration Manager for Marathon Oil in Jakarta Indonesia. Additionally, he held Management and Technical positions at Burlington Resources, Union Texas Petroleum, and Amoco.

Mr. Scharpf holds a Bachelor of Science Degree in Geology from Rider University and a Master of Science Degree in Geology from the University of Cincinnati. He has taken Advanced Management Classes at the Southern Methodist University. He is a Professional Geologist in the State of Texas and a member of the American Association of Petroleum Geologists.

Prospective and Contingent Resource Disclaimer

This Competent Person’s Report contains estimates of "prospective resources" and "contingent resources." The Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only “reserves,” as that term is defined under SEC rules.

Prospective resources are those quantities of petroleum estimated, as at a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Contingent resources are those quantities of petroleum estimated, at a given date, to be potentially recoverable from known accumulations, but the applied projects are not yet considered mature enough for commercial development due to one or more contingencies.

Prospective resources have both an associated chance of discovery and a chance of development, while contingent resources have an associated chance of development. Investors should not assume there will be any discovery associated with prospective resources, or that any discovery or any contingent resources will be economically drillable or ever be upgraded into reserves.

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