Management

Mr. Reneau has been a director of the Company since April 17, 2006, and he has served as our President, Chief Executive Officer and Principal Executive Officer since August 5, 2007.  Mr. Reneau is a certified professional geologist and holds licenses to practice geology in the states of Texas, Washington, and Alaska.  He has more than 35 years combined mineral and oil and gas experience both domestic and foreign.  Mr. Reneau served as President of Reneau Exploration and Development Company, Inc. (“REDCO”) from 1980 to 1988.  REDCO drilled and operated wells in Stephens County, Oklahoma and Navarro, Milam, Wilson and Guadalupe Counties in Texas.  

From 1988 to 1990, Mr. Reneau was employed as a senior consulting geologist with Western Mining Corporation’s Canadian subsidiary, Westminer Canada.  Mr. Reneau’s role at Westminer Canada included mineral exploration in West Africa.  From 1990 to 1999, Mr. Reneau served as Principal Geologist for Reneau and Associates, a Geo-Environmental firm.  From 1997 to December 2003, Mr. Reneau served as senior consulting geologist for AZCO Mining, Inc., managing exploration projects in Mali , West Africa and Sonora, Mexico.  From December 2003 to December 2004, Mr. Reneau served as Chief Geologist for Oromex Resources in Durango, Mexico.  Mr. Reneau served as Chief Exploration Officer and a director of Uranium Energy Corp., a uranium exploration company publicly traded on the American Stock Exchange, from January 2005 to July 2007.  Mr. Reneau has a B.A. in Geology from Central Washington University and an M.S. in Environmental Engineering from Kennedy-Western University.  Mr. Reneau currently resides in Austin, Texas.

Mr. Driver is an oil and gas operations and financial professional with a background in land-based E&P operations with public companies. Prior to joining the Company, Mr. Driver served as President of HYD Resources Corporation (a wholly-owned subsidiary of publicly traded firm Hyperdynamics Corporation) with operations primarily focused in Texas and Louisiana from 2005 to 2008. He was able to lead the operational turnaround of that company and bring it to profitability. Mr. Driver has also served as the President of KD Navigation, an investment and holding company in Texas since 2007. Mr. Driver also served as an active duty officer in the United States Air Force until 2005, specializing in foreign intelligence as a Chinese Linguist.

Mr. Driver holds a Masters of Business Administration and a Masters of Science in Accounting from Northeastern University, Boston, MA. He also earned his Bachelor of Science in Liberal Studies - Chinese Language from Excelsior College.

Mr. Carter has served as our Vice President of Operations since December 20, 2006.  Mr. Carter is a registered professional engineer with twenty-five years of management and engineering experience in oil and gas exploration, production operations, reservoir management and drilling.  Mr. Carter served as Operations Manager and Operations Engineer for T-C Oil Company from 1990 to June 2003, where he managed significant production, supervised drilling, provided economic evaluations and designed project workovers, as well as performing numerous other engineering services.  In July 2003, Mr. Carter started Carter E&P, LLC, an independent oil and gas company, where he has worked from 2003 to the present.  Mr. Carter has a B.S. in Petroleum Engineering from the University of Texas at Austin .  He currently resides in Portland , Texas.

Mr. Garcia has been a director since April 17, 2006 and has served as our Land Manager from February 2006 to the present date.  In addition, Mr. Garcia served as our President and Chief Executive Officer from April 17, 2006 until August 5, 2007.  From August 2004 to the present date, Mr. Garcia has also served as the Land Manager for Uranium Energy Corp., a uranium exploration company that has been publicly traded on the American Stock Exchange since September 2007.  Mr. Garcia is an Independent Petroleum Landman with over thirty years experience in oil and gas title research, lease negotiations and acquisitions, contracts, exploration and production.  Prior to 2004, Mr. Garcia worked under contract for various companies, including Harkins & Co., Sun Oil Company, Oryx Energy Co., Texaco, Monsanto Exploration and Production Company, and Trans Texas Energy, Kerr McGee Oil and Gas Corp. and Mestena Operating, Ltd..  His corporate experience includes serving as Chief Executive Officer of Texas corporations with annual sales in excess of eighteen million dollars.  Mr. Garcia attended the University of Texas-Austin, The University of Texas-Pan American and Texas A&M University-Kingsville.  He currently resides in Austin, Texas.

Jim Thomas came to the Company with exensive Illinois Basin exploration and production experience.  In addition to working as a petroleum geologist in the Basin, he also obtained both his B.S (‘68). and M.S. (’73) degrees (Geology) from Southern Illinois University.  Jim has significant additional E&P experience in S. Texas .  Previously, Jim worked with several exploration and production companies, including Everest Exploration and Atlantic Richfield .  He currently serves as the Company’s Chief Geologist working out of the Penasco Petroleum, Inc offices in Corpus Christi , Texas   He resides in Portland , Texas

Mr. De Leon is a career Geologist with 20 years experience in drilling operations, environmental inspection, prospect generation, and 3D seismic data analysis.  Mr. De Leon’s manages oil and gas prospect generation, 3-D seismic data interpretation, and establishing and developing working interest partner relationships for prospect development.   He has worked for reputable firms such as, Energy Industries, LLC, where he generated prospects from 3-D seismic interpretation and evaluated potential pay zones through log analysis, formation/pressure testing, sidewall cores, and perforating, among other duties.  He also worked for the Texas Commission on Environmental Quality where he conducted environmental inspections to ensure public health and safety, he assisted with oversight for remediation of highly contaminated soil and groundwater sites throughout South Texas.  He previously worked under the tutelage of Bob Bennett, one of the most respected geologists in the field of 3D seismic analysis in Texas.  Mr. Bennett continues to consult with the Company on seismic analysis and will be working closely with Mr. De Leon.  He received his B.S. is Geology from Texas A&M in 1985.