BNK Petroleum Corporate

Management Team

Wolf E. Regener – President & CEO

Mr. Regener brings over 29 years of conventional and unconventional E&P experience to BNK Petroleum Inc.  In his role as Executive Vice President of Bankers Petroleum Ltd., and President of it's wholly-owned U.S. subsidiary, Mr. Regener was instrumental in the formation of BNK Petroleum Inc., and it's subsequent spin-off.  His career also includes key senior executive positions with Tartan Energy, Alanmar Energy, and R&R Resources.  With an extensive operations and finance background, Mr. Regener has been at the forefront of BNK Petroleum's acquisition of unconventional gas projects on an international scale and developement of the company's Tishomingo Field interests.  He holds a Business of Economics degree from the University of California, Santa Barbara, and has served on the Board of Directors of the California Independent Petroleum Association for over twenty years.

Gary W. Johnson – Chief Financial Officer & Vice President

Mr. Johnson is a CPA and brings over 23 years of accounting and finance experience, 15 years in the oil and gas industry, to the Company. Prior to joining BNK Petroleum, Mr. Johnson’s career has included roles with Occidental Petroleum Corporation, a Fortune 200 NYSE traded company, as Director of Technical Accounting, where he was responsible for the company’s public filings and worldwide accounting compliance, Ascent Media Corporation as Assistant Controller where he oversaw corporate accounting, financial reporting and consolidations and Western Atlas where he was Manager of Financial Reporting and Analysis. Mr. Johnson graduated from Loyola Marymount University with a Bachelor of Science in Accounting and he also holds an MBA from Auburn University.

Ray W. Payne – Vice-President US Operations

Mr. Payne has extensive unconventional experience and has held various engineering and management positions in North, South and East Texas, North Louisiana, the Permian Basin, the Rocky Mountain Regions as well as offshore Gulf of Mexico. He has held senior-level positions with large U.S. independents including Marathon Oil, Devon Energy and El Paso where he oversaw the drilling of thousands of wells, and developed some of the world’s largest resource plays. Mr. Payne’s most recent position was with Marathon Oil where as Manager Drilling and Operations he developed Marathon’s South Texas Eagle Ford shale asset, which in only two years added more than a billion barrels of reserves. Mr. Payne earned a Bachelor of Science degree in petroleum engineering from Texas A&M University. He spent many years serving as a director of the New Mexico Oil and Gas Association (NMOGA) and has chaired numerous efforts to promote responsible energy development.

Steven M. Warshauer, Ph.D. – Vice President of Exploration

Dr. Warshauer brings over 30 years of experience as a geologist and manager in international and domestic exploration, operations, research and training.  Most recently Dr. Warshauer was Senior Geological Advisor for Devon's European Unconventional Resource Team.  His career also includes working for Tenneco, British Gas and Dominion Exploration & Production Inc.  He is experienced in the evaluation of unconventional resources such as shale gas, tight gas sands and CBM.  In addition to his significant experience with unconventional resources, he brings vast experience in the generation of conventional oil and gas projects, as well as extensive basin analysis work.  Dr. Warshauer is also a former Tenured Associate Professor of Geology at West Virginia University, which he left to pursue hands on work in the E&P industry.

 Steve Raunsbak – Controller

Mr. Raunsbak brings over 22 years of experience in accounting with 17 years in oil and gas accounting.  Prior to joining the company, Mr. Raunsbak was the Assistant Controller for Venoco, Inc.  Mr. Raunsbak holds a Business of Economics degree, with an emphasis on accounting from the University of California, Santa Barbara.

 Jason Byl – Exploration Geologist

Mr. Byl brings 16 years of exploration and development experience working for independents and as a consultant.  His experience includes prospect, field and basin evaluations with an emphasis on risk management.  He has a Bachelor of Science degree in geophysics.

Jeff Lawton – Senior Geophysicist

Mr. Lawton brings 30 years of broad range geological and geophysical experience in oil and gas exploration.  He has held various Geophysical and Management positions with independent as well as major oil and gas companies.  He has a Masters Degree in geology from the University of Texas, Austin, TX.