Mr. Edgar has served as a Director of the Company since May 2000, and as a member of the Compensation Committee of the Board of Directors from that time until February 2004. He also served as a member of the Audit Committee from May 2000 through February 2004. He has been involved in energy related investment banking and equity analysis for over 35 years. Since 1998, Mr. Edgar has served as President of Cochise Capital, a privately held Dallas, Texas based company specializing in exploration and production related mergers and acquisitions advisory and financing. Previous energy investment banking experience includes serving as Managing Director and Co-Head of the Energy Group of Donaldson, Lufkin & Jenrette Securities, Inc. (Credit Suisse First Boston), from 1990 to 1997, as Managing Director of the Energy Group of Prudential-Bache Capital Funding from 1987 to 1990 and as Corporate and Research Director of Schneider, Bernet & Hickman, Inc. (Thompson, McKinnon) from 1972 through 1986.
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