Mr. Kingston was appointed President and CEO in April 1999. Mr. Kingston has held senior positions in multi-national oil companies property and investment corporations and financial institutions in Europe the USA and South America. From 1995 to 1996 Mr. Kingston was senior advisor to the Chairman of Rotch Property Group Ltd. a UK property investment and development company with assets in excess of US $1.8 billion. From 1992 to 1995 Mr. Kingston was a financial advisor on corporate restructuring for Interpetrol S.A. a South American oil trading company that at the time was partly owned by the Argentine National Oil Company (NYSE: YPF). He held a number of positions with the Gatoil Group of Companies from 1986 to 1990 a fully integrated privately owned oil conglomerate including Managing Director of Gatoil Services (UK) Limited and Financial Vice President of Gatoil Enterprises Inc. (USA). He also worked for Price Waterhouse & Co. and Ducilo S.A. a subsidiary to E.I. DuPont de Nemours & Co.