Board of Governors

Charles R. Wood

Charles R. Wood is President and Chief Executive Officer of Terra Investors, Inc., a privately, closely held investment company that has invested in Novus Energy, LLC. From 1989 to February 2000, Mr. Wood served as Senior Vice President of Data Transmission Network Corporation (previously NASDAQ:DTLN) and President of DTN Financial Services. DTN is an information technology company that delivers time sensitive information (agricultural commodities market data, publicly traded securities prices, petroleum prices, real time weather reports, etc) via satellite and the internet. Prior to that, Mr. Wood served as co-founder and President of AGRI-Associates, Inc. and was instrumental in establishing offices throughout North America and Europe that specialize in recruiting personnel for senior management and technical positions in agriculturally related industries. Mr. Wood also served on the Board of Directors of SmartServ Online, Inc. (previously NASDAQ:SSRV) from 1999 to 2004. Mr. Wood is a graduate of Iowa State University and currently is a Governor of the Iowa State University Foundation. He serves as a member of the Foundation’s investment committee which is responsible for overseeing about $550 million in investment pools.

John R. Benitez

John Benitez brings legal and business experience to the Novus Energy Board of Governors. Mr. Benitez is currently an attorney with the Denver Law Firm, Moye-White, LLP representing corporate and entrepreneurial clients in varied facets of business law, commercial real estate, international law, intellectual property licensing and litigation. Mr. Benitez is also the founder of Benitez Investments, LLC, which focuses on real estate and energy investments. Mr. Benitez’ career includes serving as a professional staff member in the United States Senate and working in the U.S. House of Representatives. Prior to his legal career, he served as Director of Government Affairs and Manager of Uranium Sales for Rocky Mountain Energy Company (a subsidiary of Union Pacific Corporation) as State Government Affairs Coordinator for Babcock and Wilcox Corporation, with oversight responsibility for 23 states, as counsel to the Colorado Baseball Commission and as a board member and President of the Colorado Sports Hall of Fame.

Joseph Burke

Joseph Burke serves as CEO and President of Novus Energy, LLC.