President and Chief Executive Officer of Bellatrix Exploration Ltd. (formally True Energy) since January 26, 2009, Chairman of Madelena Ventures Inc. since October 2005. Prior thereto, from June 2007 to November 2007 President, CEO and Chairman of Cork Exploration Inc. and Chairman of Cork Exploration Inc. from April 2005 to November 2007; from September 2002 to January 2004 President and Chief Executive Officer of Meridian Energy Corporation and Chairman of Meridian Energy Corporation from January 2004 to March 2005. Prior thereto, Mr. Smith was President and Chief Executive Officer of Corsair Exploration Ltd.

Vice-President, Finance and Chief Financial Officer of True Energy since July 4, 2006; prior thereto, from March 2005 to June 2006, Vice-President, Finance and Chief Financial Officer of Petrofund Energy Trust; from February 2002 to March 2005, senior financial officer of Duke Energy Field Services.

Vice-President, Operations of True Energy since December 15, 2008; prior thereto, from January 2005 to October 2008 President and Chief Executive Officer of Mahalo Energy Ltd; from September 2003 to April 2005 President of Kiai Investments Ltd.

Vice-President, Exploration of True Energy since November 24, 2008; prior thereto, from July 2007 to November 2008, Exploration Supervisor of Penn West Energy Trust; from May 2005 to July 2007, President, RGO Resources, a private geological consulting company; from November 2002 to May 2005, Vice Pesident, Exploration and Chief Operating Officer of Relentless Energy Corp.; prior thereto, Vice President of Exploration of Ulster Petroleums Ltd.

Vice-President, Operations of True Energy since April 2009. Currently director of Madalena Ventures Inc. since March 2006 and formerly a Director of Cork Exploration Inc., a public oil and gas company. Formerly Vice President, Engineering for Meridian Energy Corp. from September 2002 until March 2005.

Mr. Blair is Vice President Land of Bellatrix Exploration Ltd. and is responsible for Bellatrix’s land related activities. He joined Bellatrix Exploration as Vice President, Land in October 2009. Mr. Blair has 29 years of industry experience; throughout his career Mr. Blair has worked in many capacities within Management and Land departments of junior, intermediate and major oil and gas companies.