Mr Grafton has over 30 years experience in the investment and energy business. Currently, Mr Grafton is president and CEO of Grafton Capital, a private capital company concentrating on long-term value creation. In 2007, Mr Grafton was appointed vice chairman of Canaccord Capital Corporation acting as the firms’ ambassador to the global energy markets.

David Winter, president and CEO of Excelsior Energy, said: Mr Grafton’s experience and expertise in the capital investment business both in North America and Europe will complement our board’s broad range of industry expertise. His appointment comes at a time when Excelsior Energy will be taking the next steps towards producing an SAGD project in the next three years.