R. T. Swinton

R. T. SWINTON became Executive Chairman of IPEC Ltd. in July 1999. This
followed an arrangement whereby he consulted to the company and acted as
its CEO for three months during which the company was substantially
restructured. Prior to joining IPEC, Mr. Swinton held a number of senior
positions in the Canadian energy industry. He served as Chairman and CEO
of Kenting Energy Services Ltd., from January to May 1997 when it was
acquired as a result of a takeover bid. Mr. Swinton served as Chairman,
President and CEO of EnSERV Corporation from November 1988 until
September 1996 when it was sold. Mr. Swinton joined EnSERV as its first
full-time President and CEO when it was a $25 million revenue subsidiary
about to be spun out from its exploration and production company parent
of which Mr. Swinton was Senior Vice President. Mr. Swinton has an
undergraduate degree in Economics and a Master’s of Business
Administration degree.