Mr. Baay has over 20 years of experience leading oil and gas exploration and production companies. Mr. Baay has been Chairman of the Board and Chief Executive Officer of Touchstone since 2010. Prior to Touchstone, Mr. Baay was Managing Director of Abacus Energy, part of Abacus Private Equity from 2007 through 2010, and was a senior officer of True Energy Inc. from 2000 through 2007. From 2005 to 2012 he was the Chairman of the Board of Vero Energy Inc. From 1998 to 2000 he was the Chairman of the Board of Directors of Request Seismic Surveys Ltd. and served as President, Chief Executive Officer, and Director of Remington Energy Ltd. from 1991 to 1999.
Mr. Budau joined Touchstone Exploration Inc. in 2011 as the Manager of Financial reporting and in 2012 Mr. Budau was promoted to Chief Financial Officer. Prior to joining Touchstone Mr. Budau was a Corporate Accountant at Cathedral Energy Services Ltd. from 2009 to 2011 and the Controller at Rare Method Interactive Inc. in 2008. Mr. Budau received his honours bachelor of commerce degree from McMaster University in 2002 and received his Chartered Accountants designation in 2005.
Mr. Shipka is a geologist with 20 years of energy industry experience in exploration and development geology and business. Most recently, he was Asset Team Manager at Daylight Energy Ltd. where he focused on development of mature assets through emerging drilling and completion technologies as well as the identification and exploitation of undeveloped horizons within mature fields.
Mr. Loewen has over 25 years of experience in the oil and gas industry and 9 years of experience internationally in Cuba, Argentina and Albania. Over the last 10 years Mr. Loewen has spent the majority of his time working for Sherritt International and Petro Andina Resources in positions varying from Managing Director to Director, Operations. Mr. Loewen has outstanding management and leadership skills, which were an integral part in increasing gross production from approximately 2,000 barrels per day to 28,000 barrels per day on a previous international project.