Governance

Richard S. Langdon has served as a director of the Company since March 2014. Mr. Langdon is currently the executive vice president and chief financial officer of Altamont Energy, Inc., a newly formed privately held exploration and production company. Mr. Langdon served as the president, chief executive officer and outside director of Badlands Energy, Inc. and its predecessor entity, Gasco Energy, Inc. since May 2013 and Debtor-in Possession since August 2017. Prior to assuming the President and CEO role, Mr. Langdon had served as a Gasco Energy Inc. outside board member since 2003. Mr. Langdon serves as a member of the board of managers of Sanchez Midstream Partners, LP, and is a member of its Audit, Nominating and Corporate Governance and Conflicts Committees. Mr. Langdon was the president and chief executive officer of KMD Operating Company, LLC (“KMD Operating”), and its predecessor entity, Matris Exploration Company LP (“Matris Exploration”), both privately held exploration and production companies, from July 2004 through December 2015. Mr. Langdon was executive vice president and chief operating officer of KMD Operating, from August 2009, until the merger of Matris Exploration into KMD Operating in November 2011. From 1997 until 2002, Mr. Langdon served as executive vice president and chief financial officer of EEX Corporation, a publicly traded exploration and production company that merged with Newfield Exploration Company in 2002. Prior to that, he held various positions with the Pennzoil Companies from 1991 to 1996, including executive vice president - International Marketing - Pennzoil Products Company; senior vice president - Business Development - Pennzoil Company and senior vice president - Commercial & Control - Pennzoil Exploration & Production Company. Mr. Langdon graduated from the University of Texas at Austin with a Bachelor of Science degree in Mechanical Engineering in 1972 and a Masters of Business Administration in 1974.

Mr. Paul Morris is currently president and CEO of PLM-1, Inc. which is a company he founded in 1990. PLM-1, Inc. holds various interests in producing oil and gas assets in the Lower 48. He founded Elk River Resources, LLC in August 2013 to explore and develop oil and gas potential in the oil-producing regions of the southwest United States. Mr. Morris served as chairman and chief executive officer of Elk River Resources from 2013 to 2019. Prior to Elk River Resources, Mr. Morris served as president and chief executive officer from 1988 to September 2013 of Wagner & Brown, Ltd., an independent oil and gas company headquartered in Midland, Texas. With Wagner & Brown, Mr. Morris oversaw all company operations, including exploration and production activities, in eight states as well as in France, England and Australia. Mr. Morris also oversaw affiliates involved in natural gas gathering and marketing, crude oil purchasing and reselling, pipeline development, construction and operation, and compressed natural gas (CNG) design, fabrication and operations. Mr. Morris served as president of Banner Energy from 1981 until 1988. Mr. Morris graduated from the University of Cincinnati with a Bachelor of Science degree in Mechanical Engineering in 1964. Mr. Morris has also completed the Executive Management Program in the College of Business Administration of Penn State University.

John Seitz leads the management, financial and strategic direction of GulfSlope. He began his oil & gas career with Amoco Production Company, and then spent over 25 years at Anadarko Petroleum Corporation (NYSE: APC), serving most recently as Chief Executive Officer and President. He currently serves on the Investment Committee of Sheridan Production Partners, an oil & gas company with onshore US activities. Mr. Seitz is a Certified Professional Geological Scientist with the American Institute of Professional Geologists and is a Certified Petroleum Geoscientist with the American Association of Petroleum Geologists. He is also a licensed Professional Geoscientist with the State of Texas. In 2000, the Houston Geological Society honored Mr. Seitz as a “Legend in Wildcatting” . Mr. Seitz is also a member of the All-American Wildcatters. He holds a Bachelor of Science degree in Geology from the University of Pittsburgh and a Master of Science degree in Geology from Rensselaer Polytechnic Institute. He also completed the Advanced Management Program at the Wharton School of Business.