Antonio "Tony" R. Sanchez III was elected to our Board in May 2003 and is enrolled in the Master of Business Administration Program at Harvard University. Since October 2001 he has been Executive Vice President of Sanchez Oil & Gas Corporation. He is a 1997 graduate of Georgetown University where he received a Bachelor of Science Degree in Business Administration with a concentration on Accounting and Finance and a minor in Economics. From 1997 through 1999 he was employed as an analyst in the mergers and acquisitions group in the New York City office of JP Morgan. From 1999 through 2001 he worked at our company in a variety of positions including sales and marketing product development and investor relations. He is currently involved in the day-to-day operations of Sanchez Oil & Gas.