Mr. Jerry G. Mikolajczyk was appointed President, CEO, CFO, and a director of the Company on May 31, 2011. Prior to the appointments, Mr. Mikolajczyk was a key consultant to the Company who identified the opportunities available to us in Kentucky, helped negotiate our contracts, and assisted the Company with its financial reporting including SEC filings and our financial statements from February 2010 to May 2011.

Mr. Mikolajczyk has had an extensive career in the oil and gas, construction, and mining industries. Mr. Mikolajczyk has worked for Fortune 500 companies such as BP Resources (British Petroleum), SCI Group of Companies, Husky Oil, Syncrude, Bechtel, Guy F. Atkinson and INCO. He has worked as a heavy equipment operator on surface and open pit mining operations.

After completing his Business Administration diploma, Mr. Mikolajczyk went on to obtain his professional designation as a Certified General Accountant (CGA) and Certified Internal Auditor (CIA). As a professional accountant and auditor, he has been involved with planning, designing, and testing operations to ensure that the operations are efficient and effective.

In 2008, Mr. Mikolajczyk was awarded “CFO of the Year” for the application of his knowledge and expertise in a turnaround assignment for the Santa Clara Valley Transportation Authority (VTA), a $3.3 Billion asset transportation authority in Silicon Valley (San Jose, California).

Mr. Mikolajczyk has an aggregate of 41 years of experience, which include:

• Twenty-two (22) years of C-Level experience.
• Ten (10) years in the Oil and Gas Industry evaluating and analyzing systems and operations to improve effectiveness, increase profits, and streamline operations without compromising controls.
• Eighteen (18) years in the Mining Industry with operational experience in tar sands, copper, gold, limestone and precious stones. Mines were both open pit and deep rock (shaft) as well as alluvial and placer mining operations.
• Twenty Seven (27) years of experience in the Construction Industry ranging in Oil and Gas, Mining, Transportation and Housing sectors. Specialty is Project Control and Reporting.

Mr. Mikolajczyk, through consulting agencies, has provided various consulting services to clients, which included, but not limited to:

• Global Power and Water Industries, Inc.
• VTA (Santa Clara Valley Transportation Authority)
• MineCore International, Inc.
• Platinum Works, Inc.
• Blue Green Corp
• J.M.E.L. International Inc.
• Nova Petrochemicals
• BP Resources

Mr. Mikolajczyk is an acknowledged speaker and presenter. He has moderated various panels on P3’s (Private Public Partnerships) projects such as the Confederation Bridge, the longest bridge in North America, joining Prince Edward Island and New Brunswick in Canada, which Mr. Mikolajczyk was involved in the bidding, award and financing of the project. Mr. Mikolajczyk also presented a paper to the 1990 Western Regional Conference of the Institute of Internal Auditors entitled: "Is Your Project Control Out of Control?" and a paper in 1991 to the Institute of Internal Auditors, Calgary Chapter, entitled: "Operational Audit of the Procurement Function".

Peter M. Matousek is an internationally seasoned consultant and entrepreneur with a European background. Formal education includes attendance at University of Maryland University College and Warner Pacific College, where he earned degrees in Associates of Arts and Bachelors of Business Administration.

He has been a proud member of the United States Navy and is a Veteran of Foreign War having recently served in Operation Iraqi Freedom. The Army Achievement Medal, Navy Achievement Medal and Honorable Discharge are among his many awards and recognition.

Professionally, Matousek has demonstrated both passion and ability, working extensively with the public markets for companies throughout the United States and Canada. During this time, he has cultivated relationships with shareholders, private investors, venture capital firms and investment advisors, in addition to a wealth of business professionals and strategic partners worldwide. These relationships have allowed Matousek to excel within the natural resource sector including oil & gas and precious metal mining.

With over 20 years of experience in the financial and natural resource sector, Matousek has utilized his in-depth knowledge and skills to foster unparalleled success in the public arena. He has held directorships, key officer positions, and has represented numerous companies in the capacity of Investor & Public Relations. His ability to communicate in a number of languages including German, Czech, English and to understand other cultures and traditions has enabled Peter to establish lasting relationships and effective synergies.

He has also has been a frequent contributor to charitable organizations, such as Ministries to Mexico and contributed to the erection of a War Heroes Memorial.

Dr. Spier has been an advisor in economics and business development to private equity funds in the U.S. and Europe for the past six years. Prior to that, he was a business growth consultant to major proprietary and public institutions of higher education with 5-1 year appointments.

Acting as Senior Vice President for Whitman Medical and Executive Director for Ultrasound Technical Services (a reporting issuer) for 13 years, he was responsible for the founding and growth of the pioneering institute for medical ultrasound training which expanded to 15 major markets in the U.S.

From 1982-1984 Dr. Spier was affiliated with Diamond Turk & Company, a specialist firm on the American Stock Exchange.

From 1969 to 1981, Dr. Spier held various positions with the New York Board of Education, was a graduate instructor at Washington University, St. Louis, Assistant Professor of Sociology, St. Louis University and a member of the United States Teacher Corps.

Dr. Spier received his Bachelor of Arts degree from Hobart College, his Master’s degree from Washington University, St. Louis, and his Doctorate in Sociology with concentration in political economy from Washington University, St. Louis.

With an extensive history of publications, Dr. Spier has authored more than fifty business plans for both start-ups and established companies. He is a member of economic, education and medical societies and participates on the board of various public companies as well as being a visiting instructor at NYC and metropolitan-area institutions of higher education for graduate level teaching.

Mr. Wayne St. Cyr is our Executive Vice President of Marketing and Strategic Development and Corporate Secretary. Mr. St. Cyr joined the Company as an executive on January 1, 2011. Prior to joining Xun Energy, Inc., he was employed for ten years as District Manager, New England Division, Royal Bank of Scotland (RBS). His responsibilities included, but not limited to, managing the merchant transactions for approximately 430 Citizen Bank branches and their partners as well as developing key alliances with Citizens Bank. During his tenure with RBS, Mr. St. Cyr was a six-time recipient of the President's Award for exceeding company objectives.

Mr. St. Cyr’s education includes an Associate's degree in Business Administration and a Bachelor of Science degree in Marketing.

2007 - 2010

Xun Energy, Inc. (Xun Energy) was incorporated on December 20, 2007 in the State of Nevada; it’s name, Real Value Estates, Inc., was changed to Xun Energy in July, 2010.

Prior to February 2010, the corporate entity was focused on services to the residential mortgage foreclosure market. The Company was not successful with this endeavor and new management determined that it would be in the best interests of the Company to change its business model and focus its further operations in the field of diverse energy production and storage, a business most closely associated with new management. After several privately negotiated stock sales, a change in control and new officers and directors were appointed.

In March 2010, the Company entered into a Share Exchange Agreement with Global Power and Water Industries, Inc. (“GPWI”). Management’s goal was to pursue emerging opportunities in the field of solar energy. The initial focus would be the development and installation of high-efficiency concentrator solar cell arrays, thermal electric technologies and advanced tracking systems in China. The Agreement was terminated by the Company in May 2010 without liability. In the future, the Company plans to re-visit emerging opportunities in energy and energy storage.

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2010 - 2011

In July 2010, to better represent future Company business lines and position the Company and to pursue new business opportunities, the Board of Directors approved a name change for the Company. The name change would assist shareholders, prospective investors, and analysts in understanding the new business model and eliminate any confusion with respect to prior activities. The Company changed its name to Xun Energy, Inc. It increased the number of authorized shares of its common stock from one hundred million to five billion. We also forward split our outstanding common stock on an 80:1 basis. Management believed that with the name change, recapitalization, and forward split, the Company was better positioned to pursue other business opportunities.

On December 9, 2010, the Company executed a Letter of Intent with Global Energy Acquisitions, LLC (“GEA”) which provided in part for the Company to acquire from GEA a 51% gross royalty interest in up to 500 producing oil wells in Kentucky. Closing of the transaction was subject to completion by each party of their own due diligence and the negotiation and execution of a definitive agreement. After further review, GEA elected to terminate the Letter of Intent and neither party would be under any contractual obligation to the other with respect to closing the transaction.

On February 7, 2011, Xun Energy established two subsidiaries in the State of Kentucky. We hired Mr. M. Grubb to be its Operations Manager in Kentucky. The business model was to acquire oil and gas leases with a proven history of oil production and work the abandoned oil and gas wells. The Company focused its efforts on re-entering existing oil and gas wells that previously produced oil and gas, or were producing oil and gas at a fractional output compared to early drilling activity. The Company would undertake workover activities that included one or more of varieties of remedial operations on producing wells, or inactive wells, to try to increase production.

On February 28, 2011, Xun Energy closed on the acquisition of three oil and gas leases in Kentucky.

On March 3, 2011, Xun Energy completed its first workover well, XUN001.

On March 4, 2011, Xun Energy produced 10 barrels of Kentucky sweet crude oil from its first workover oil well, XUN001. This was an important milestone for the Company as we sold the oil which generated the first revenue for the Company in its history of operations. Unfortunately, the well bore was badly damaged from a previous workover and ceased producing after several days of production. The Company abandoned the oil well as the cost of repairing the damage was greater than drilling a new offset well.

On April 18, 2011, the Company filed a Form 8k ("Super 8k") with the SEC disclosing that the Company is no longer a shell and produced oil that was sold and generated its first revenue for the Company.

On May 10, 2011, the Company accepted an Offer to Purchase from Lea Kennedy d/b/a LuxemBarings (“Purchaser”) to purchase $10 million of the Company’s common stock based on the average of 5 consecutive trading day’s close prior to date of closing. The Offer to Purchase was scheduled to close on or before June 24, 2011. The Purchaser failed to complete the transaction, after mutually agreed extensions of the closing date. The failure of the Purchaser to complete the transaction caused damage to the Company. The Company ran out of cash and could not operate or maintain its oil and gas leases in Kentucky. As a result, the Company forfeited its oil and gas leases while attempting to raise capital to continue operations in Kentucky. The Company has retained legal counsel to take legal action against the Purchaser for failing to complete the purchase transaction and for damages to the Company as a result of the failure to complete the transaction.

2011 - 2012

With the loss of properties in Kentucky, and after having consulted with current and potential investors, Xun Energy shifted its business model and began to research other venues for oil and gas properties; venues that historically produce high outputs of oil and gas such as in the states of Texas, Oklahoma, Pennsylvania, Kansas and Canada. Although potential investors were prepared to invest more funds than what needed to do Kentucky workover and exploration, Xun Energy began negotiations for higher quality leases. It also diversified its affiliations with new investor sources with interest in oil and gas production.

In November, 2011, Xun Energy began action to acquire the West Crockett Prospect in West Texas. The project consisted of six (6) sparsely drilled and yet to be fully developed leases totaling 2,320 acres of leasehold on which the first well was drilled in 1941; the field still produces today. The Company's plan was to acquire the leases and begin an aggressive development program of drilling and completing 90 oil wells increasing production from the current 1,900 to 2,500 barrels oil per month (BOPM) to oil production output of 27,000 barrels of oil per month within 36 months of closing.

On February 14, 2012, the Company entered into an acquisition agreement which when closed would transfer the West Crockett prospect to Xun Energy. Closing was scheduled for April 30, 2012 and amended to close on or before May 31, 2012. Xun Energy could not arrange enough financing for the $17 million acquisition on the tight schedule required and this resulted in Xun Energy losing its earnest deposit.

Currently Xun Energy is extracting oil from its working Pennsylvania Rice property and actively negotiating to acquire additional properties in Texas in 2015. Concurrently, Company executives are devoting significant time and expertise to developing Xun Oil Marketing (XOM) as a profitable division, and earn an international reputation as a reliable buyer and seller of petroleum products. XUN intends to grow significantly in 2015, management plans to add the most experienced personnel who can move a company on an upward trajectory. This will include an augmented internal operations and financial staff as well as field operatives to oversee oil and gas property development.