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Company Overview

Lycos is an exploration, development and production company led by a team of technically experienced professionals taking a bold and disruptive approach to capture and capitalize on opportunities others have bypassed.

We target oil-weighted assets that are underexploited or undercapitalized and offer opportunities for growth. In addition to bringing a track record of value creation for shareholders, the Lycos team takes a disruptive approach to the pursuit of acquisitions and asset development activities, while balancing risk and reward. The Company intends to establish market credibility and accountability that can help drive a clear path towards a return of capital model for shareholders.

Lycos is based in Calgary, Alberta and listed on the TSXV under ticker “LCX”.

Our Strategy

Positioned for growth through strategic acquisitions and organic development

Management Team

Strong history and track record of working together to create and crystalize value for shareholders.

Dave Burton

President and Chief Executive Officer

Mr. Burton has more than 27 years of experience in the upstream oil and gas industry in all facets of petroleum engineering work including reservoir engineering, evaluations, secondary and tertiary recovery, unconventional oil and gas, area development and acid gas projects including work on CO2 sequestration in coals. He has had numerous executive roles and been involved in founding multiple successful start up energy companies. Prior to founding Chronos, Mr. Burton was a co-founder at Raging River Exploration Inc. (“Raging River”) and Wild Stream Exploration Inc. (“Wild Stream”).

Mr. Burton is a professional engineer and a member of the Alberta Association of Professional Engineers and Geoscientists of Alberta. Mr. Burton holds degrees in Petroleum Engineering from the University of Alberta (BSc) and a Master of Engineering degree in Chemical and Petroleum Engineering from the University of Calgary.

Kyle Boon

Chief Operating Officer

Mr. Boon has 20 years’ experience in the Western Canadian oil and gas sector. Mr. Boon most recently was a Founder and the Drilling and Completions Manager of Raging River and prior thereto held the role of Senior Production Technologist at Wild Stream.

Mr. Boon holds a Petroleum Engineering Technology Diploma from the Northern Alberta Institute of Technology and is a member of the Association of Science & Engineering Technology Professionals of Alberta (ASET).

Lindsay Goos

Vice-President, Finance and Chief Financial Officer

Ms. Goos has 20 years of experience in the oil and gas industry in the disciplines of finance, financial reporting, budgeting, accounting, management, treasury, tax and business development. Previously, Founder, VP Finance & CFO of Imaginea Energy Ltd. and prior thereto Controller of BlackShire Energy Ltd. Ms. Goos began her professional career with KPMG LLP and has held progressively senior roles at various other oil and gas companies.

Ms. Goos is a member of the Chartered Professional Accountants of Alberta and is a Chartered Professional in Human Resources of Alberta. Ms. Goos holds a Bachelor of Commerce and Arts degree from the University of Saskatchewan.

Jamie Conboy

Vice President, Exploration

Jamie Conboy is professional geologist, most recently working as subsurface lead with Bison Low Carbon Ventures (CCS) and formerly as founding member of the Storm Group of companies for 20 years in capacities of Vice President Geoscience and Chief Geologist. In his previous 12 years in the industry Mr. Conboy has worked on a variety of properties and play types at Canadian Hunter Exploration Ltd, Renaissance Energy Ltd. and Pinnacle Resources Ltd, among others.

Mr. Conboy is a registered Professional Geologist and Responsible Member of APEGA in the Province of Alberta and holds a B.Sc. (Honours) in Geology from Queen’s University (1992).

Barret Henschel

Vice-President, Production

Mr. Henschel has 13 years experience in the oil and gas industry. Mr. Henschel joined the organization in January 2023 as Operations Manager. Prior to joining Lycos, Mr. Henschel was the Manager of Development – Light Oil at Baytex Energy Inc. and prior thereto was a Senior Area Engineer at Raging River Exploration.

Mr. Henschel is a Professional Engineer and a member of the Association of Professional Engineers and Geoscientists of Alberta, holding a degree in Mechanical Engineering, with a Petroleum Minor from the University of Calgary.

Jeff Rideout

Vice President, Land

Mr. Rideout has over 20 years of experience in the oil and gas industry in the disciplines of commercial negotiations, acquisitions and divestitures in private, public and service companies. Mr. Rideout was previously a Senior Land/Commercial Negotiator with Whitecap Resources Inc., TORC Oil and Gas Ltd, and prior thereto Founder and Vice President Elkhorn Resources Inc.

Jeff holds his Professional Landman (P.Land) designation and earned a Master of Business Administration (MBA) degree from The Haskayne School of Business, and a Bachelor of Arts (B.A.) degree from the University of Calgary.

Sony Gill

Corporate Secretary

Mr. Gill is a partner at Stikeman Elliott LLP in the Capital Markets and Mergers & Acquisitions Groups. His practice focuses on public and private company creation, growth, restructuring and value maximization. He has extensive experience in the negotiation, structuring and consummation of a broad range of corporate finance, securities and M&A transactions, including public and private debt and equity financings, strategic investments, joint ventures, recapitalizations, restructurings, takeover bids, reverse takeovers, asset acquisitions and divestitures, share purchases and dispositions, plans of arrangement, spinouts and other forms of business combination and corporate activity.

Board and Advisors

Each Lycos Board member brings a strong track record and distinguished career in both the oil and gas industry and capital markets, having held prominent lead positions within a range of successful companies.

Kevin Olson

Chair of the Board
  • Audit Committee
  • Corporate Governance and Compensation Committee
  • Reserves, Environment and Health and Safety Committee

Mr. Olson has over 27 years of industry experience and is currently a director of Headwater Exploration Inc. (“Headwater”). Mr. Olson is a former board member of Raging River, Wild Stream, Wild River Resources Inc. (“Wild River”) and Prairie Schooner Petroleum Ltd. Mr. Olson has managed four early stage energy funds and served as a director of a variety of exploration and production companies and petroleum services companies. Formerly Mr. Olson was Vice-President, Corporate Finance at FirstEnergy Capital Corp. and Vice-President, Corporate Development for Northrock Resources Ltd. Mr. Olson holds a Bachelor of Commerce degree majoring in finance and accounting from the University of Calgary.

Ali Horvath

Director
  • Audit Committee Chair
  • Corporate Governance and Compensation Committee

Ms. Horvath is the Vice President, Finance and Chief Financial Officer of Headwater. Ms. Horvath was previously a founder and the Controller of Raging River and prior thereto was a Senior Financial Accountant with Wild Stream. Ms. Horvath is a Chartered Professional Accountant and holds a Bachelor of Management degree from the University of Lethbridge.

Kel Johnston

Director
  • Corporate Governance and Compensation Committee Chair
  • Reserves, Environment and Health and Safety Committee

Mr. Johnston is currently CEO of Wylander Crude Corp, a firm that provides consultancy services to oil and gas and private equity clients in Canada and the USA. He is also a Technical Advisor to Carbon Infrastructure Partners.

Mr. Johnston has forty years of technical/financial/ ESG experience in the Canadian and Northern USA oil and gas sector, and capital markets experience from public companies to the oversight of private equity investments to leading edge carbon Capture and Storage knowledge. He has been directly involved in the conceptualization, discovery and exploitation of numerous oil and gas pools from the foothills of Alberta, BC and Montana to the plains of SE Saskatchewan. Mr. Johnston has maintained technical skills through ownership/active technical role in a private E&P company that holds interests in 2 CCUS projects.

He has over thirty years of experience as a founder, executive and board member of numerous public and private oil and gas companies. Direct experience in a wide range of corporate activities including capital markets, private equity, ESG, mergers, sales/acquisition/strategic processes, and IPOs. Mr. Johnston is a Professional Geologist and holds a Bachelor of Science (Hons.) degree in Geology from the University of Manitoba and a Masters degree in Economics from the University of Calgary.

Bruce Beynon

Director
  • Reserves, Environment and Health and Safety Committee Chair

Mr. Beynon is a professional geologist with over 30 years of oil and gas industry experience. Mr. Beynon is currently the President of Tiburon Exploration Corp., a private consulting company. Prior thereto, Mr. Beynon was Executive Vice President, Exploration and Corporate Development at Baytex Energy Corp.

Prior to the merger between Baytex and Raging River, Mr. Beynon held several positions with Raging River including President, Executive Vice President and Vice President, Exploration. Mr. Beynon graduated with a Bachelor’s and Master of Science degree in Geology from the University of Alberta. Mr. Beynon serves on the Board of Southern Energy Corp., a TSXV listed company with focused operations in the southeast Gulf States of the US.

Geri Greenall

Director
  • Audit Committee 

Geri Greenall is a capital markets executive and was a founding member of the management team and the Chief Financial Officer of Spartan Delta from December 2019 to December 2023. Prior thereto Ms. Greenall co-founded and was a Portfolio Manager and Chief Financial Officer at Camber Capital, a fund manager offering private client and institutional fund management services. Ms. Greenall has a strong background in both public equity analysis and commodity trading. Ms. Greenall is currently a Director of Lycos Energy and former Lead Independent Director of Kelt Exploration. Ms. Greenall holds a Bachelor of Commerce in Finance from the University of Calgary as well as the Chartered Financial Analyst and Institute of Corporate Directors designations. Ms. Greenall also holds the FSA Level 1 Credential from the Sustainable Accounting Standards Board.

Neil Roszell

Special Advisor to the Board

Mr. Roszell is the CEO & Chairman of Headwater and has been a founder of six successful oil and gas companies. His roles have included Director, President and Chief Executive Officer of Raging River, Wild Stream and Wild River. Prior thereto he was President and Chief Operating Officer of Prairie Schooner Petroleum Ltd. and Vice-President of Engineering of Great Northern Exploration Ltd. Mr. Roszell has a Bachelor of Applied Science degree in Engineering from the University of Regina.