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Uldis Upitis

Uldis Upitis was born in Gaujiena, Latvia May 19, 1941 and obtained his M.Sc. At McGill University in 1966.

Mr. Upitis has over 40 years experience in the oil and gas industry in Canada. Mr. Upitis is a registered Professional Geologist and is currently the President of Lotus Resources Ltd. and a director of Precept Energy Capital Corporation. Mr. Upitis started his career in the oil and gas industry in 1966 with Imperial Oil Limited, and subsequently held senior managerial position with Western Decalta Petroleum Ltd. and Wainoco Oil & Gas Ltd. Mr. Upitis has founded or co-founded five oil and gas companies. From August 2000, Mr. Upitis was the President, Chief Executive Officer and Chairman of Sentra Resources Corporation until its merger with Blue Mountain Energy Ltd. in September 2004. Prior to Sentra, Mr. Upitis was the Chairman and Chief Executive Officer of Newport Petroleum Corporation until June 2000, President and Chief Executive Officer from April 1992 to August 1997, and as founder, provided the initial seed capital, strategy and built Newport into a profitable intermediate oil and gas company with one hundred employees. From 1979 to 1991, Mr. Upitis was the President, Chief Executive Officer and a director of Pancontinental Oil Ltd., and from 1976 to 1979, he was the President, Chief Executive Officer and a director of Focus Resources Ltd. Mr. Upitis is currently registered with the Canadian Society of Petroleum Geologists, The Association of Professional Engineers, Geologists and Geophysicists of Alberta, and The Canadian Institute of Mining and Metallurgy.

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