Mr. Loukas is President and Chief Executive officer of Obsidian Energy Ltd. since 2022 and previously held the position of Interim President and Chief Executive Officer beginning in 2019.  Additionally, he has been on our Board of Directors since 2018. Mr. Loukas has vast experience in corporate transactions, capital markets and leadership. He is a partner, managing member, and portfolio manager at FrontFour Capital Group LLC, a value-based investment management firm. Prior thereto, Mr. Loukas’ work experience includes positions at Credit Suisse Securities where he was a Portfolio Manager and Head of Investment Research of the Multi-Product Event Proprietary Trading Group, Senior Investment Analyst at Pirate Capital and various roles within the Corporate Finance & Distribution Group of Scotia Capital. Mr. Loukas is currently a director of Cominar Real Estate Investment Trust. Mr. Loukas received a B.A. in Finance and Accounting from New York University.

Mr. Scott joined Obsidian Energy in the role of Senior Vice President and Chief Financial Officer in 2019. Mr. Scott has over 30 years of experience in financial leadership, including 20 years as Chief Financial Officer. Mr. Scott has been responsible for a wide variety of functional areas including finance, accounting, tax, budgeting and planning, investor relations, risk management, insurance, legal, marketing and general administration. Prior to joining Obsidian Energy, Mr. Scott was the Senior Vice President and Chief Financial Officer at Ridgeback Resources Inc., previously Lightstream Resources Ltd., and held the role of Vice President Finance and Chief Financial Officer at several oil and gas companies including Iteration Energy Ltd., Rock Energy Inc., and Beau Canada Exploration Ltd.. Mr. Scott began his career with Amoco Canada Petroleum Company Ltd. in 1983.

Mr. Sykes joined Obsidian Energy in 2019, and became the  Vice President, Commercial and Corporate Planning and was subsequently promoted to Senior Vice President, Commercial and Development in 2022. Mr. Sykes has worked in a variety of technical, operational and managerial positions in locations including the UK, Canada, Indonesia, the USA and the Middle East. From 2012 to 2016, he was President, Qatar and Iraq for ConocoPhillips managing the Company’s portfolio of regional assets. From 2017 to 2019 he supported a small private equity backed North Sea oil and gas venture. Mr. Sykes has extensive Board experience, including the Qatargas 3 joint venture, The Mackenzie Valley Pipeline Board and Calgary Zoo. Mr. Sykes earned an Honors Degree in Mechanical Engineering from Glasgow University in 1990 and a Masters Degree in Petroleum Engineering from Heriot Watt University in Edinburgh in 1991.

Mr. Hawkins has served as the Corporate Secretary since 2015 and was formerly the General Counsel and Corporate Secretary. Prior to joining the Company in 2015, he was a senior associate with Fasken Martineau DuMoulin LLP from 2010 to 2015, and prior thereto, was an associate with McCarthy Tetrault LLP from 2005 to 2010. Mr. Hawkins has experience in corporate governance, securities and mergers and acquisitions law and has represented clients in a number of significant acquisitions and public offerings. Mr. Hawkins received a Bachelor of Commerce Degree (with Distinction) from the University of Victoria  in 2001 and a Bachelor of Laws Degree (with Distinction) from the University of Alberta in 2005.

Mr. Swadling joined Obsidian Energy in  2017 and brings over 25 years of diverse experience across a range of operations and leadership roles.  He has held a variety of technical and leadership positions in a number of jurisdictions including Canada, Albania and Egypt.  Beginning his career in 1998, Mr. Swadling assumed roles of increasing responsibility in field operations, production, facilities, enhanced oil recovery, asset management, safety, asset retirement, and continuous improvement.  He has led several cost reduction and asset improvement efforts domestically and internationally with Apache Corp., Devon Energy, and Bankers Petroleum Ltd.  Mr. Swadling earned a Bachelor’s of Science Degree, First Class Honors, in Physics from the University of Calgary in 1998.

Mr. McGilvary joined Obsidian Energy in 2017 and has over 20 years of experience within the oil and gas industry. He has held key technical leadership roles of increasing responsibility across our asset portfolio and currently leads the team responsible for technical development, exploration/appraisal programs and drilling and completions operations.  Before joining Obsidian Energy, Mr. McGilvary worked in international corporate planning at Bankers Petroleum, and prior thereto, he held roles of increasing responsibility at Husky Energy Inc. and Apache Canada Ltd. Mr. McGilvary is a Professional Geologist (P. Geol.) with the Association of Professional Engineers and Geoscientists, and holds an Honours Bachelor of Science in Geology from the University of British Columbia and a Master of Business Administration (with Distinction) from Cornell University.