Mark Hagan

He spent over 18 years in USA/Europe on worldwide projects in a variety of positions and was ultimately responsible for exploration activities in Europe, Africa, South America and Asia for Sun Oil Company – a large US based integrated oil company. Mark was on the Board of Sun Exploration and Production Company from 1989 to 1991 during which time new discoveries were made in diverse exploration spheres and oil production rose to 70,000 barrels/day. Since returning to Australia in 1991, Mark has been an independent consultant, mainly on projects in the Australia/Asia region and is past Chairman of Empire Oil and Gas NL (1999-2002) – an ASX listed exploration company.

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Positions - Previous

Position	Company	Year	Company's current rank
Non-Executive Director	New Standard Energy	2008 - 2014

Directors Interest

Company	Date	Transaction type	Number of shares	Price per share	Transaction value	Nature of change
New Standard Energy	2012-06-01	Bought	3,625,000	$0.28	$996,875	Exercise of options
New Standard Energy	2012-06-01	Sold	5,062,461	$0.46	$2,328,732	On-market trade
New Standard Energy	2012-06-01	Bought	3,625,000	$0.23	$815,625	Exercise of options

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