John Schiller

Chairman and Chief Executive Officer

John Schiller

Mr. Schiller is our Chairman and Chief Executive Officer, and has been since our inception in 2005. Mr. Schiller's career spans more than 30 years in the oil and gas industry. In addition to forming the Company, Mr. Schiller served as: Vice President, Exploration and Development, for Devon Energy from April 2003 to December 2004 with responsibility for domestic and international activities; Executive Vice President, Exploration and Production, for Ocean Energy, Inc. from 1999 to April 2003, overseeing Ocean's worldwide exploration, production and drilling activities; and Senior Vice President of Operations of Seagull Energy. Prior to serving in those offices, Mr. Schiller held various positions at Burlington Resources, including Engineering and Production Manager of the Gulf of Mexico Division and Corporate Acquisition Manager, and at Superior Oil where he began his career in 1981. Mr. Schiller currently serves on the Board of Directors of the Houston Alley Theatre and Escape Family Resource Center, both charitable organizations. He is a registered professional engineer in the State of Texas and is a charter member and past Chairman of the Petroleum Engineering Industry Board, a member of the Look College of Engineering Advisory Council, and a member of the President's Council at Texas A&M University. His memberships also include the Independent Petroleum Association of America, the American Petroleum Institute, the Houston Producers Forum and the Society of Petroleum Engineers. Mr. Schiller graduated with honors from Texas A&M University with a Bachelor of Science in Petroleum Engineering in 1981, and was inducted into the Texas A&M University Harold Vance Department of Petroleum Engineering's Academy of Distinguished Graduates in 2008. The Board of Directors believes that it is important for the Company's Chief Executive Officer to serve on the Board of Directors. The Chief Executive Officer provides a link to senior management, and our Board of Directors believes that this perspective is important in making decisions for the Company. In addition, Mr. Schiller, one of the founders of the Company, brings extensive expertise in our industry which assists the Board of Directors in making strategic decisions and makes him uniquely qualified to lead our Board. Mr. Schiller has been engaged in all facets of exploration, development and drilling activities, both domestically and internationally, for many years. He is particularly experienced in the Gulf of Mexico areas where our company's core operations are located and has directed exploration and development activities throughout his business career. Mr. Schiller's extensive knowledge regarding operational matters, as well as his managerial experience and his history as founder of our company, makes him exceptionally suited to lead our Board of Directors and our company.