Board of Directors

MR MICHAEL FOWLER
B.Bus (Acc), Finsia (Fellow)

Executive chairman

Michael Fowler was a founding Director of Nexus and has been a board member since the company listed on the ASX in September 2000. In November 2007 he was appointed chairman of the board and in May 2009 assumed an Executive role. Mr Fowler has over 20 years experience in the financial services sector. He began his career working for chartered accounting firms in Melbourne before leaving to join a private family investment group in the mid 1990s where he furthered his career by joining their board. Mr Fowler left that group to start the Treasury Group of Companies, a funds management company, with the Victor Smorgon Group in 1999. That business

grew to have some $1.2 billion of funds under management and was taken over by an ASX 200 financial services

company in early 2005. Mr Fowler also established the Maximum Capital Group of Companies which specialises

in property finance and related investment products and services.

MR RICHARD COTTEE
B.Arts, Bachelor of Laws (Hons)

Managing Director

Richard Cottee commenced on 3 May 2010 as chief executive officer and was appointed managing director on 22 July 2010.
Mr Cottee's previous role was at Queensland Gas Company ("QGC") where he held the position of managing director from 2002 until 2008 when the company was taken over in a friendly acquisition by the BG Group. Over this period QGC grew from a market capitalisation of around $20 million to an ASX100 company with a market capitalisation of $5.7 billion. Prior to his role at QGC, Mr Cottee worked in the utility sector as vice president and managing director of NRG Energy Ltd in London, and chief executive of CS Energy Ltd in Brisbane. Mr Cottee is a lawyer by background and commenced his career with Allens Arthur Robinson before holding commercial positions with Itochu and Santos. He also spent six years with Freehills, Allens & Mallesons covering the resource sector and six years as an executive director of Cyprus Australia Coal.

MR MICHAEL ARNETT
B.Com, LL.B

Non-executive director
Michael Arnett was appointed to the board of Nexus on 28 May 2009. Mr Arnett has more than 20 years experience in the areas of capital raising, corporate, commercial, banking and finance, mergers and acquisitions and securities. He is a consultant to and former partner of international law firm Deacons predominantly consulting on mining, resources and oil and gas law. Current directorships held by Mr Arnett include Archipelago Resources Plc, Archipelago Metals Limited, Cloncurry Metals Limited, New Guinea Energy Limited, NRW Holdings Limited and Queensland Energy Resources Limited. Previously Mr Arnett held the position of chairman for Anzon Energy Limited and director of Anzon Australia Limited.

MR IAN BOSERIO

B.Sc Hons (Geophysics), B.Sc (Geology)

Non-executive director

Ian Boserio was appointed to the board of Nexus on 19 November 2009. Mr Boserio has more than 25 years international experience in the oil and gas business focusing predominantly on exploration. He has spent the majority of his career with Shell including roles in Australia, North Sea, Middle East, India and Indonesia, and five years with Woodside as the Australia exploration manager. Mr Boserio's last position at Shell was as the Australian new business manager, prior to that he led the Shell Australia and NZ exploration team growing its gas portfolio for LNG development.

MR STEVEN LOWDEN

B.Sc, Master of Petroleum Engineering

Non-executive director

Steven Lowden was appointed to the board of Nexus on 19 November 2009. Mr Lowden has over 25 years experience in the international oil and gas industry across exploration, development, production and gas liquefaction. Throughout his career in the oil industry Mr Lowden has worked in the North Sea, Middle East, South East Asia and North Africa. Mr Lowden has previously held positions with Premier Oil plc, including chief petroleum engineer, general manager for development and production and an executive director of the board, and, more recently at Marathon Oil Company as president of Marathon International, head of corporate business development and an officer of the company. Since late 2005 Mr Lowden has been involved with two private energy

businesses focusing on assets in Africa.

MR SYMON DRAKE-BROCKMAN

B.Com

Non-executive director

Symon Drake-Brockman was appointed to the board of Nexus on 19 November 2009. Mr Drake-Brockman has over 20 years of finance experience covering both the debt and equity markets. He was formerly chief executive officer of RBS Global Banking and Markets in the Americas and chief executive officer of RBS Greenwich Capital, Global head of RBS' Debt Markets division and board member of RBS Global Banking and Markets. Mr Drake-Brockman previously held senior positions with ING Barings and JP Morgan in London, New York, Tokyo and Hong Kong.