Mr Lee has over 10 years of experience in the resource sector. Most recently, he served as CFO of Transeuro Energy, which has operations in Papua New Guinea, Ukraine, Armenia and Canada.

His experience includes public company regulatory compliance, systems conversions, treasury management, human resources and financial database management.

Ms Butt has been instrumental in the company’s completion of a $43 million non-brokered private placement and the acquisition of Cheetah Oil & Gas.