Dave Moffatt Email and Phone Number

Greenland Gas and Oil (2019 to current)Generated cost estimates for developing landing site with land/sea logistics, base camp, access roads, well leases and camp sites for initial exploration of an oil prospect in Jameson Land, Greenland. Generated overall budget summation with capital spend profiles using cost estimates from all team members to support client’s budgeting and funding requirements. Potential geothermal start-up company (2019) Conducted initial technical, market and business overview for a potential geothermal development in Alberta (working name GeoEnerCo). Developed initial search criteria and participated in evaluation of specific prospects and discussions with AER on geothermal regulations. Conducted preliminary technical review and cost meeting with Sweden based Climeon Heat Power System (geothermal binary cycle power and direct heat use plants. TC Energy - Power Development (2019)Prepared renewable geothermal presentation with technology overview, Alberta & Mexico geothermal potential, market overview, opportunities and challenges to development for a meeting to ascertain interest in developing geothermal for discussion with TC Energy. Elemental Energy (2018/19)Contributed to review of enhanced geothermal systems, technical and cost review of a Turboden ORC geothermal power plant and provided preliminary overview of Alberta completed power grid tie-in considerations.

Canadian Petroleum Engineering (2018 - present) - Senior AssociateBlouz Energy Projects Corp. (2018/19)Technical review of Eavor Technologies' Eavor-Loop (closed-loop system) geothermal technology & its potential applications. Contributed to a geothermal power development proposal & meeting with Atco Power. Western Tidal Holdings (2011/12)One of the initial founders, contributing to business plan to develop renewable tidal channel power in British Columbia’s coastal waters. Duke Energy Gas Transmission (2005/06)Project development and evaluation expertise for natural gas storage development in BC. including technical feasibility screening, business case development, management of a multi-disciplinary team and gas storage acquisitions. Other projects included reviewing and economics of various CO2 reduction initiatives at existing gas plants. TransCanada Corp. (2000 – 2005)a) Edson/Big Eddy Gas Storage Facility (~40 Bcf). Led the initial storage reservoir selection & development, project management & oversight of multi-disciplinary technical team, negotiated MoU with Producer, acquisition strategy of the storage rights, developing injection/withdrawal curves with modeler, selected initial well locations and key communicator to senior leadership. Other contributions included stewardship of AEUB storage scheme application, development of Crown storage unit agreement, contribute to the FEED’s operating requirements, capital and operating cost estimations and economic optimization modelling including advising on portfolio design concepts and commercial valuation methods. b) CrossAlta Gas Storage and Services - TransCanada’s Shareholder Representative (60% Owner & Amoco/BP was 40%) for ~ 3 years. Contributed to setting business direction and strategies, recommendations to Board on operating & capital budgets, overseeing credit policies/exposures, legal, HR policies and approving marketing strategies.

Gas Supply Evaluations:Developed market analytics and acquisition evaluations with focus on gas supply for Spectra’s significant natural gas midstream and pipeline infrastructure in British Columbia to support enterprise strategic planning and competition risk analyses. Work included market analyses with conclusions of provincial and North American supply/demand fundamentals that impact the business in B.C. Underground Natural Gas Storage:Completed technical review, revenue forecast analyses and economic risk assessment pertaining to potential acquisition of Aitken Creek Gas Storage. Acid Gas Injection:Participated in HazID’s meetings on various acid gas injection operating projects. Provided the well casing, cement. reservoir and containment risk identifications along with follow-up recommendations to operational and risk management staff.

a) Fort Nelson CCS Project:Managed the entire subsurface, multi-disciplinary technical team that identified and verified feasibility of a deep saline-filled reservoir for permanent sequestration of 2.2 Mt/year of CO2 from the Fort Nelson sour gas processing plant in northeastern British Columbia. Feasibility work confirmed an excellent regional saline reservoir with good containment based on successful drilling and testing of first well for CCS in B.C., static and dynamic modeling, risk assessment and numerous technical reports and analyses. Project was suspended due to economics and the continuing regulatory and commercial risks.Role included detailed planning & scope of work, project scheduling, Hazop & risk assessments, cost estimations and budget management with Senior leadership, regular technical interface with pipeline and facility engineers, applications, stakeholder engagement, contracting and oversight on a multi-disciplinary team.(ie well drilling, testing & workovers, geology, geophysics, hydrogeology, geochemistry, reservoir engineering, geo-mechanical, reservoir modeling, risk management and CCS rights acquisition). Lead person on the CCS tenure negotiations with BC Titles and coordinating consultations/written responses with BC Ministry of Energy and Mines, BC Oil and Gas Commission and BC Titles with regard to BC’s proposed CCS regulatory framework. Later in the project was main representative on the overall project’s status, work, costs and business case/risks in various meetings with the BC Ministry of Energy and Mines, BC OGC and funding contribution agreement reports and meetings with Natural Resources Canada.b) GeothermalProvided Initial technical review, cost estimates for wells and pumps for geothermal power as option to improve the CCS economics. c) Salt Cavern Storage:Risk and advisory role to project team on well workover and new well into existing salt cavern storing propane (Dewdney Terminal, Regina, SK)

Combined business development and project management role to develop technical and economic feasibility evaluations for new project development and operational enhancements. Stewarded/project managed business cases from inception through evaluation, obtaining budgets and presentation to senior leadership. Significant technical involvement working with internal and external resources in pipeline and raw gas processing on process flow diagrams and cost estimates to develop the new projects. Originated the Fort Nelson CCS project to sequester CO2 from the Fort Nelson gas plant, which had the highest CO2 emissions in British Columbia .at the time, and was instrumental in acquiring a $3.4 million grant from the Province of British Columbia and ecoETI funding from Natural Resources Canada.

Business development and project management efforts out of Calgary offices with a focus on energy industry clients, including development of client relationships and management of multi-disciplinary IT teams. Effectively managed various projects including concept studies, gap analysis, artificial intelligence decision support, software evaluations, application development and technology upgrades. Received Hatch Award of Excellence and client recommendation for the delivery of a contract management system.

Gas Storage & Services:> developed customer base from scratch> developed storage products, services and Master Services Contract from scratch> contribute to marketing and business plans> technical & commercial evaluation of greenfield gas storage investments> key roles in start up teams for CrossAlta Gas Storage & Services and Alberta Hub Gas StorageGas Supply Contracting & Management:> gas supply contract negotiations with producers - netback pool (Western Gas Marketing)> managed multi-disciplinary team (10 people)> provided technical support for various N American gas storage investments for TransCanada> de-contract negotiations with producer to enable TransCanada investment in CrossAlta Gas StorageRoles:> Director Marketing, Alberta Hub Gas Storage (Sabine Hub Services)> Coordinator Business Development, PG&E Energy Source Canada, Inc.> Director Marketing & Business Development, CrossAlta Gas Storage & Services Ltd.> Assistant Manager Gas Supply, Western Gas Marketing Limited

Roles:> Supervisor Gas Supply Planning, Western Gas Marketing Limited> Senior Reservoir Engineer - Westmin Resources Limited> Senior Manager - Canadian Imperial Bank of Commerce (Petroleum Engineering Group)> Geological Engineer at oil & gas industry consulting engineering firms including partner> Exploration Geologist, Petrofina Canada Inc