Management Team

KERRY PARKER

MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER

B Bus, ACA, MAICD, SA Fin

Kerry Parker is a highly regarded senior executive within the energy, mining, and resources sectors, with over 25 years experience both in Australia and internationally (in Asia, Europe, southern Africa, and the United States).

Kerry originally commenced his career with KPMG and over a period of approximately 8 years was responsible for a significant number of audit, advisory, due diligence and capital raising assignments.

Kerry has held Chief Financial Officer and Managing Director roles with a number of ASX listed entities, including Arrow Energy Limited, CH4 Gas Limited, Panax Geothermal Limited, Inova Resources Limited, Discovery Metals Limited, and Unity Mining Limited. Prior to these roles Kerry held senior finance positions with both Downer Group and Santos. He has also held a number of Non Executive Director roles with both publicly listed and private companies in the resources sector.

Kerry has had significant and demonstrated experience across the entire resources life cycle, from exploration projects, into feasibility, development and operation of major projects. He has had significant experience in operational management, management of large joint ventures, commercial negotiations, capital raising (debt and equity) and for management of M and A related activities.

CATHERINE COSTELLO

CHIEF FINANCIAL OFFICER & COMPANY SECRETARY

BCom, MSc, CA, GradDipACG

Catherine Costello joined Carbon Energy in April 2014 as the Company’s Chief Financial Officer and assumed the role of Company Secretary in September 2015. Catherine has 20 years of international experience in the mining, engineering and technology sectors. Her experience extends to global listed entities undergoing significant growth and she brings extensive financial, commercial and corporate governance skills. Prior to accepting the position with Carbon Energy, Catherine held several senior management roles including senior financial positions in Ausenco Limited, Lihir Gold Limited(now Newcrest Mining) and Placer Dome Inc.(now Barrick Gold Inc.).

Catherine has a Bachelor of Commerce Degree from the University of Queensland, a Master of Science (Mineral Economics) from Curtin University, is a member of the Chartered Accountants Australia and New Zealand and a member of the Governance Institute of Australia.

DR CLIFF MALLETT

TECHNICAL DIRECTOR

MSc, PhD, FAIE

Cliff Mallett is responsible for the ongoing development of Carbon Energy’s world-leading technology. Additionally, Cliff undertakes assessment of potential coal deposits that may be suitable for the Company’s expanding portfolio of Australian and international projects. He is also heavily involved with the evaluation of emerging carbon capture and storage opportunities. Cliff is a world leading authority on UCG. Having pioneered Carbon Energy’s keyseam technology, Cliff continues to lead our experienced technical team, who have achieved the most effective operations and the highest gas quality publically recorded from a UCG project; as well as having keyseam independently validated by the Queensland Chief Scientist. Prior to working with Carbon Energy Cliff was one of the lead scientists with the CSIRO, that developed keyseam following 10 years of research and development.

Cliff has been associated with advancing the development of UCG process technology for more than 15 years and has degrees in geology from the University of Queensland and the University of Melbourne. He has almost 30 years experience in mining research at CSIRO culminating in him acting as Chief of CSIRO Exploration and Mining Division, interim Director of the Centre for Low Emission Technology, and Executive Manager, Queensland Centre of Advanced Technologies. Cliff was appointed Chairman of the International Association for Underground Coal Gasification (UCGA) and in June 2016, Director of the International UCG Research Centre for China.

STUART MacKENZIE

GENERAL COUNSEL

BSc, LLB

Stuart MacKenzie brings to the Company strong resources and legal experience having worked initially as a geologist in Canada before becoming a corporate lawyer at Blake Dawson Waldron (now Ashurst) and Stikeman Elliott. From 2001 Stuart served as an internal legal counsel and company secretary for Placer Dome Asia Pacific, Lihir Gold Limited and Pacific Aluminium as well as advising Barrick Gold Inc. on two projects in Papua New Guinea and is currently general counsel for Chinova Resources.

TERRY MOORE

GENERAL MANAGER OPERATIONS

Terry Moore is responsible for development and ongoing operation of Carbon Energy's global projects. Terry has over 35 years engineering experience in both the resources and energy sectors and 20 years' experience in senior management roles including roles with Ausenco Operations and Downer EDI Mining. His experience covers extensive electrical, mechanical, civil and maintenance engineering disciplines, as well as design and construction projects from concept to commissioning and operational readiness. Terry's solid track record incorporates optimisation of projects based on best practices including plant utilisation, cost control and business process, as well as managing regulatory compliance. He leads a small team of project, environment and safety professionals.