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OILSANDS QUEST INC.
Board of Directors

T. Murray Wilson (Chairman) is a non-independent director
Ronald Blakely is lead director.

Officers and Senior Management

T. Murray Wilson
Director, Chairman, President & Chief Executive Officer

Murray Wilson has been Chairman of the Board since May 1, 2006, Executive Chairman since August 14, 2006, President and Chief Executive Officer since January 15, 2010.

During his 25 year investment banking career, Mr. Wilson has led numerous strategic and financing assignments for energy, mining, utilities and technology companies and has been a key advisor to a number of oil sands companies during their formative years.

Prior to founding Stanway Capital in 2001, Mr. Wilson was the Global Head of Oil & Gas for TD Securities Inc. in Calgary and Vice Chairman of TD Securities International in London, England. Prior to that, Mr. Wilson had a 17-year career with RBC Dominion Securities / Royal Bank of Canada focused on Mergers and Acquisitions, Equity and Debt Capital Markets and Project Finance. Mr. Wilson was Vice President and Director of RBC Dominion Securities, based in London, for several years. Previously, he was with Orion Royal Bank in London as Executive Director Mergers & Acquisitions and Head of Project Finance for Royal Bank's Global Energy and Minerals Group based in Calgary, which he joined in 1980.

Prior to his investment banking career, Mr. Wilson was involved in the oil and gas industry as a reservoir engineer, production engineer, project manager and economic advisor, primarily with Imperial Oil / Esso Resources.

Mr. Wilson serves on the board of the Alberta Children's Hospital Foundation, VirtuosoWorks, Notion Music and a number of other organizations. He holds a Master's Degree in Business from the Sloan School, M.I.T., a Master's in Engineering from the University of Manitoba (National Research Council Scholar), and a B.Sc. in Chemical Engineering (1st Class Honours - B.E.C. Joyce Medal) from Queen's University. A native Albertan, Mr. Wilson resides in Calgary, Alberta.

Ronald Blakely
Director

Ronald Blakely joined the board of Oilsands Quest Inc. on April 7, 2009. Mr. Blakely is an experienced executive in the energy industry and is conversant with the governance of public companies. He has served on numerous joint venture boards and brings a wealth of industry experience.

Mr. Blakely retired as Executive Vice-President Finance - Downstream at Royal Dutch Shell in 2008 after a career of 38 years with Shell. Based in London, UK he had global responsibility for Finance, Information Technology and Procurement in the Oil Products and Chemicals divisions, responsible for functional operations in over 100 countries.

Prior to his last role with Shell, Mr. Blakely served as Chief Financial Officer of Shell Canada Limited from 1997 to 2000 and Chief Financial Officer of Equilon Enterprises, a joint venture between Shell Oil and Texaco, from 2000 to 2002. Mr. Blakely focused on integrating Equilon into the Shell global Oil Products organization upon its acquisition. During this time Shell also integrated Pennzoil Quaker State acquisition into the company. Mr. Blakely was also a board member of the US based refining and marketing joint venture between Motiva and Saudi Aramco. Mr. Blakely also has extensive experience with Canadian oil sands projects from both a financial perspective and with regards to vertical integration into the North American energy markets.

Mr. Blakely began his career with Shell in 1970 after graduating from the University of Guelph with a Bachelor of Arts in Economics. Mr. Blakely received his CMA in 1978. He currently resides in London, UK.

Paul Ching
Director

Paul D. Ching joined the board of Oilsands Quest Inc. on January 7, 2010.

Mr. Ching has an exceptional background in E&P reservoir, production, operations, development and reservoir research. Mr. Ching had a 34 year career with the Shell Group of Companies / Royal Dutch Shell retiring in July 2007 as the Vice President Technical for Research & Development of Shell International E&P in The Netherlands.

Mr. Ching has worked with Shell in Texas, California Heavy Oil, Continental US, Enhanced Recovery, Thermal Reservoir Engineering, Middle East, FSU & Asia prior to heading the international research group in The Netherlands. In addition his experience includes Canada's heavy oil and oil sands reservoirs. In various roles at Shell, Mr. Ching has provided strong leadership, managed large, diverse teams and multi-million dollar budgets.

Since 2007, Mr. Ching has been active on the board and in executive capacity with a number of Companies in the E&P oil & gas and the energy technology sectors. He also is an Advisor to the Advanced Energy Consortium (AEC) of the Bureau of Economic Geology, University of Texas at Austin, Texas. He holds a Bachelor of Arts degree in Mathematics from Northern State College, South Dakota and a Masters degree in Geological Engineering from the South Dakota School of Mines & Technology. Mr. Ching currently resides in Dallas, Texas.

Christopher H. Hopkins, BSc, MBA
Director

Christopher H. Hopkins has served as Chief Executive Officer and a director of Oilsands Quest Inc. from August 14, 2006 to January 15, 2010. Mr. Hopkins also held the post of President from August 14, 2006 until September 15, 2008. In addition, Mr. Hopkins was President, Chief Executive Officer and a director of Oilsands Quest Sask Inc., a subsidiary of the Company, from November 10, 2004 to January 15, 2010.

From October 1999 to September 2004, Mr. Hopkins was a founder and the Executive Vice President of Synenco Energy Inc. He was also a director of Synenco from October 1999 to August 2003. Mr. Hopkins was directly responsible for Synenco's exploration operations resulting in the identification of over two billion barrels of bitumen. His 30 years of Canadian and international energy experience includes executive positions in corporate planning and business development with Suncor's Oil Sands Group, Pembina Corporation and Amoco Canada.

Mr. Hopkins also has specialized management experience in environmental and regulatory affairs in the resource industry. He received an MBA in 1980 from Queen's University. Mr. Hopkins resides in Calgary, Alberta.

Brian MacNeill
Director

Brian F. MacNeill joined the board on August 25, 2009. Mr. MacNeill is a highly regarded industry leader with extensive energy and financial industry experience.

Mr. MacNeill is a Chartered Accountant and a Certified Public Accountant and holds a Bachelor of Commerce degree from Montana State University. He is a member of the Canadian Institute of Chartered Accountants and the Financial Executives Institute. He is also a Fellow of the Alberta Institute of Chartered Accountants and of the Institute of Corporate Directors. Mr. MacNeill is also a member of the Order of Canada.

Mr. MacNeill started his career in the energy industry in the early 1970's and rapidly rose through the ranks to serve in senior management positions. He has most recently been Chairman of the Board of Petro Canada and currently serves on the Board of Suncor Energy Inc., as well as West-Fraser Timber Co. Ltd., Capital Power and the Telus Corporation, where he is Chairman of the Audit Committee. Mr. MacNeill also served as the President and Chief Executive Officer of Enbridge, an integrated pipeline company, from 1991 to 2001.

His past Board Directorships include Dofasco (Chair), Legacy Hotels REIT, Sears Canada Inc., Toronto Dominion Bank, University of Calgary (Chair), Veritas DCG Inc., and Western Oil Sands Inc.

Mr. MacNeill currently resides in Calgary.

Ronald Phillips
Director

Ron Phillips has been a director of the Company since February 2006 and is the Chair of the Company's Compensation Committee and a member of the Audit and Governance and Nominating Committees.

Mr. Phillips has extensive experience in corporate governance, mergers and acquisitions, and equity and debt market financings. He is a member of the New York, Virginia, and Washington, D.C. bars.

Mr. Phillips is the managing partner of Merchant Advance Funding LP, a New York City based small business finance hedge fund. Prior to his current position, he served as the Portfolio Manager for the DKR Saturn Event Driven Program from inception on July 1, 2002 through wind down in late 2008. The DKR Saturn Event Driven Fund was a hedge fund affiliated with DKR Capital Inc., and had peak assets of $600 million.

Prior to working at DKR, Mr. Phillips co-managed the Weiss, Peck & Greer Merger Arbitrage Fund, was an analyst with Taurus Partners merger arbitrage fund, and was an associate at the law firm of Wachtell, Lipton, Rosen & Katz in New York City.

Following graduation from Stanford Law School in 1992, Mr. Phillips served as a Captain in the U.S. Army Judge Advocate's General Corp, primarily serving at the Pentagon as an assistant to the Department of Defense General Counsel. Mr. Phillips graduated from Brown University in 1989. He resides in Weston, Connecticut.

J.K. (John) Read, P.Eng.
Director

John Read's career spans more than 37 years of engineering, project management and general corporate management.

A graduate of the University of Saskatchewan with a Bachelor of Science in Mechanical Engineering in 1970, Mr. Read began his career in the oil and gas industry with Shell Canada and then Texaco Exploration Canada.

In 1974, he joined Colt Engineering Ltd., a private, start-up engineering organization where he held engineering and management positions. In 1983 he became president and chief executive officer of the organization. He was chief executive officer from 1999 until his retirement in early 2006. During this time, Colt grew to over 4,000 employees with offices in Calgary, Edmonton, Toronto, Sarnia and Anchorage, Alaska. Mr. Read remained a partner and director of The Colt Companies until March 2007, when Colt was acquired by Worley Parsons Limited, a worldwide engineering and project management organization.

In addition to his exceptional experience with Colt, which includes major oil sands projects, Mr. Read has been a director of the Alberta Chamber of Resources and the Bi-Provincial Upgrader. His knowledge and experience with large-scale in-situ projects will be extremely beneficial to Oilsands Quest.

Mr. Read is a member of the World Presidents' Organization and the Association of Professional Engineers, Geologists and Geophysicists of Alberta. Mr. Read serves as a director on several boards. He lives in Calgary, Alberta.

Gordon Tallman
Director

Gordon Tallman has been a director of the Company since August 14, 2006. He is a member of the Company's Audit, and Reserves & Resources Committees, and Chair of the Governance and Nominating Committee.

Mr. Tallman retired as the Senior Vice-President, Royal Bank, Prairies Region, after a banking career spanning 42 years. He is a member of the Board of Directors/Trustees of Big Rock Brewery Income Trust, ECL Group of Companies Ltd. and PFB Corporation. Mr. Tallman is also Chairman of the Board of Enerjet and Chairman of the Board of Trustees of Enbridge Income Fund. He has also served on the boards of CV Technologies Inc., Canadian Utilities Ltd., Investment Saskatchewan Inc. and Gwich'n Development Corporation, Inuvik, NWT.

A graduate of the Institute of Corporate Directors, Corporate Governance College, Mr. Tallman was presented with both the Saskatchewan and Alberta Centennial medals in 2005. He lives in Calgary, Alberta.

Pamela Wallin, O.C., S.O.M.
Director

The Honourable Pamela Wallin has been a director of the Company since June 28, 2007. The career of the Saskatchewan-born journalist, diplomat and entrepreneur spans more than 30 years and several continents. Ms. Wallin was appointed to the Senate of Canada and is the Senior Advisor to the President of the Americas Society and the Council of the Americas in New York. From 2002 to 2006, she was the Canadian Consul General in New York. She also serves as Chancellor of the University of Guelph.

Ms. Wallin served on the Government of Canada's five-member panel to advise on the future involvement of Canada in Afghanistan. She serves on several corporate boards, including CTVglobemedia, Canada's premier multimedia company, Gluskin Sheff & Associates, a wealth management firm and Porter Airlines, a regional passenger airline. A member of a special Advisory Board for BMO Harris Private Banking, she also serves on many volunteer boards and is the Honourary Co-Chair of the Nature Conservancy of Canada.

Ms. Wallin has honorary doctorates from 13 Canadian universities, including the University of Regina, from which she graduated in 1973 with a Bachelor of Arts (Honours) in Psychology and Political Science.

Among many other honours, Ms. Wallin was named to the Canadian Broadcasting Hall of Fame in 2002. She was the Distinguished Honoree of the Canadian Society of New York in 2003 and received a national Visionary Award in Canada in 2004. Ms. Wallin has been recognized twice by Queen Elizabeth II for her public service and achievements. She resides in New York City, Toronto and Ottawa.

Garth Wong, CA
Chief Financial Officer

Garth Wong has been Chief Financial Officer since February, 2009 and prior to joining Oilsands Quest, he was a Principal and Vice President of Sokol Developments Inc., a private real estate company involved in the development of commercial and residential properties in Calgary. Prior to that, Mr. Wong served as Vice President and Comptroller for TransAlta Corporation, Canada's largest investor-owned wholesale power generator and marketing company, where he was responsible for financial reporting, planning, taxation and budgeting, as well as financial systems and processes.

Mr. Wong has a Bachelor of Commerce degree from the University of Calgary and holds a professional designation as a Chartered Accountant (Alberta). Additional industry experience includes 18 years of increasing accounting and financial responsibilities with Union Pacific Resources Inc. (formerly Norcen Energy Resources) and KPMG LLP.

Leigh Peters
Vice President, Legal

Leigh Peters joined Oilsands Quest in August 2007, bringing seven years of securities and corporate legal experience to the newly-created position of in-house legal counsel. Prior to joining the company, Ms. Peters was an associate with Blake, Cassels & Graydon LLP in Calgary, where she was a member of the Corporate Commercial and Energy groups and acted for U.S. and Canadian clients on mergers, acquisitions and divestitures. Ms. Peters also managed large teams of lawyers from numerous firms on complex international transactions with values over $1 billion. Before then, she was an associate and a member of the Energy, Banking and Project Finance Practice groups with Macleod Dixon LLP in Calgary.

Since 2004, Ms. Peters has been an instructor of law topics of interest to the Canadian Association of Petroleum Landmen and the Canadian Association of Petroleum Land Administrators. Ms. Peters received her Bachelor of Laws from the University of Alberta in 2002 and was called to the Alberta Bar in July 2003. She resides in Calgary, Alberta.

Simon Raven, P.geol
Chief Geologist

Simon Raven has served as Chief Geologist at Oilsands Quest Inc. since August 2006. In this role, Mr. Raven manages the Company's exploration activities and is closely involved in the planning & execution of the company's reservoir testing programs. Mr. Raven started his career working on Synenco's Northern Lights oil sands project and was a member of the team that drilled the first exploration holes in the summer of 2000. Additionally, he was a key part of the exploration team that drilled over 500 exploration holes and delineated over 2 billion barrels of bitumen. Prior to joining Oilsands Quest, Mr. Raven spent 5 years with Norwest Corporation working as a project geologist and project manager. During his time with Norwest he managed coal bed methane and oil sands exploration projects. He has managed large scale exploration projects throughout Western Canada and in Western China with budgets in excess of $20 million.

Mr. Raven received his BSc. in geology in 2000 from the University of Calgary. Mr. Raven is a member of the Canadian Association of Petroleum Geologists (CSPG), American Association of Petroleum Geologists (AAPG) and the Canadian institute of Mining and metallurgy (CIM),a professional geologist (P.geol) and active member of the Association of Professional Engineers, Geologist and Geophysicists of Alberta (APEGGA). Mr. Raven resides in Calgary, Alberta.