K. Andrew Gustajtis

Nautor Progressive Corp. provides oil and gas services.

Founded in 1929, D&D Securities Co., formerly Dominick & Dominick, is a broker/dealer located in Toronto. The firm offers a full array of trading and execution services. They do not provide any internal research.

Founded by Robert Jennings in 1993, Jennings Capital, Inc. is an independent full-service booker/dealer located in Toronto, Ontario with an additional office in Calgary, Alberta. The firm provides in-house research services covering a variety of sectors including: (1) oil and gas production and exploration companies (2) oil and gas service companies (3) electric power companies (4) base and precious metal companies (5) forest products (6) consumer and retail (7) industrial technology and (8) special situations. Their research coverage also includes other high-growth areas and companies as determined by the firm. Jennings Capital is a member of the CIPF and the IDAC. Jennings Capital is allied with Western Financial Group Inc. (TSX-WES), a large Western Canadian network based. Western Financial Group provides all forms of industrial, commercial, residential and car insurance, including disability and life insurance, through its wholly-owned subsidiary, Western Life. Western Financial Group also holds 100% ownership in their subsidiary, Bank West.

Pacific Energy Resources Ltd. explores and develops oil and gas properties. It owns and operates oil fields in Southern California in the Los Angeles Basin. The company was founded on November 20, 1980 and is headquartered in Long Beach, CA.

Madalena Petroleum Ltd. extracts crude petroleum and natural gas. The company was founded in November 9, 2004 and is headquartered in Calgary, Canada.