Donald K. Schott

ArPetrol Inc. is a privately owned, independent Canadian exploration and production company focusing on Latin America. The company is led by an experienced team of proven petroleum finders possessing an enviable track record in sourcing quality, undervalued oil and gas assets in Canada and internationally. ArPetrol's directive is to identify and secure stable oil and gas reserves with untapped exploitation upside and exploration potential. This mandate is accomplished through measured acquisitions, asset optimization and strategic partnerships. ArPetrol has identified Latin America as its core business focus and has chosen Argentina for its initial core asset base due to the country's significant exploration and development growth potential. In addition Argentina's unsustainable low commodity price environment coupled with an improving political mandate provides immediate cost effective access to production and reserves. Arpetrol successfully closed a private financing for $15 million in July 2008. The funds are being utilized to develop its existing assets while the company continues to review growth alternatives in Latin America.

Part of Devon Energy Corp., Canadian Oil & Gas Industry is a company that explores for and produces oil and gas. The company is based in ON. Canadian Oil & Gas Industry was acquired by Numac Energy (TESO), Inc. from Wainoco Oil Corp. on May 05, 1997 for $184.74 million.