Management

Alan Gaines, Chairman and Chief Executive Officer
Mr. Gaines has approximately 30 years experience as an energy investment and merchant banker. In 1983, Mr. Gaines co-founded Gaines, Berland Inc., a full service investment bank and brokerage, specializing in global energy markets, with particular emphasis given to small to mid capitalization companies involved primarily in the exploration and production of oil and natural gas, as well as midstream (pipelines and transportation) and downstream (refining and marketing). Gaines, Berland acted as lead underwriter and/or participated in the placement of more than $3 billion of equity and debt securities in the three years prior to Gaines selling his personal stake in the company in 1998.

Mr. Gaines served as Executive Chairman of the Board of Directors, and founder of Dune Energy, Inc. since May 2001. Mr. Gaines also served as CEO of Dune Energy from inception through May 2007.

Mr. Gaines holds a B.B.A. in Finance from Baruch College (CUNY) with a minor in Physics and an M.B.A. in Finance (With Distinction-Valedictorian) from The Zarb School, Hofstra University School of Graduate Management.

Dr. Amiel David, Chief Operating Officer
Dr. David has over 40 years experience relating to corporate management and financial activities involved in both upstream and midstream operations, including exploration, production, and infrastructure (both onshore and offshore). Dr. David was Managing Director of Duke Capital Partners, a mezzanine provider to, and investor in upstream energy companies. He gained his banking experience through his employment as a senior Vice President of First Union Securities (Wells Fargo) and First City Bank. Dr. David served as President and Chief Operating Officer of Dune Energy, Inc., a publicly traded oil and gas company based in Houston, Texas, from 2003 through 2007. He later served as a Senior Advisor to the Board of Directors of the company responsible for advisory as well as asset acquisition and divestiture activities. For the past 29 years, Dr. David has been an owner of PeTech Enterprises, Inc., a family owned consulting firm. From 2008 to the present, Dr. David is a co-owner of Amrich Energy, Inc, an oil production company.

Dr. David received a Ph.D as a Petroleum Engineer from Stanford University, an M.B.A. from the University of Pittsburg, a MSE in Chemical Engineering from the University of Pennsylvania, and a BS in Petroleum Engineering from the University of Tulsa. Dr. David is a member of the SPE and SPEE technical societies, has authored several technical papers, and was a recipient of several awards.

Steven W. Weldon, Chief Financial Officer
Mr. Weldon has served as Chief Executive Officer since December 2009 and as a Director and our Chief Financial Officer since September 2005. Mr. Weldon is a certified public accountant and is license to practice in the state of Florida. Prior to joining Signature Exploration and Production Corp., Mr. Weldon was the Tax Manager for Westgate Resorts, Ltd., a timeshare developer, from July 2000 to February 2006. From September 2005 to November 2007, Mr. Weldon served as the Chief Financial Officer of Inverted Paradigms Corp., a publicly traded software developer. Mr. Weldon was an adjunct professor at Florida Southern College from 2002 to 2005. Since May 2005, Mr. Weldon has served as the president, sole stockholder and director of Steven W. Weldon, PA, a public accounting firm providing tax, accounting, and consulting services. Mr. Weldon received his Bachelor of Science degree and his Masters in Business Administration from Florida Southern College.