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Michael Faust was elected to the Board of Directors in 2018, following the Annual and Special Meeting and held the role of Interim President and CEO of Obsidian Energy from March 2019 – December 2019. Mr. Faust has over 35 years of industry, financial and leadership experience within the oil and gas sector, including diverse geological, geophysical and reservoir experience spanning many different basins and formations throughout the world. In March 2019, Mr. Faust became a director of Parker Drilling Company, a global, multi-faceted drilling and production service company. Since January 2017, he has been a Director of SAExploration Holdings, Inc., a NASDAQ-listed, global oilfield services company offering seismic data acquisition and logistical support services. Prior to his governance roles, he established a long career of increasing responsibilities with ExxonMobil and ConocoPhillips, culminating in roles as Vice President, Exploration, Land and Business Development at ConocoPhillips Alaska, Inc. and ConocoPhillips Canada Ltd., where he oversaw and managed the company’s exploration and strategy in those regions. Mr. Faust earned his Master of Arts degree in Geophysics from the University of Texas at Austin in 1984, after receiving his Bachelor of Science degree in Geology from the University of Washington in 1981. Mr. Faust is a Certified Petroleum Geologist and a member of the American Association of Petroleum Geologists (AAPG), and the Society of Exploration Geophysicists (SEG).