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C. Robert Black serves as a board director and chairman of the Compensation Committee. Mr. Black was formerly Senior Vice President in the office of the Chairman of Texaco, Inc. He spent nearly 40 years in various roles with Texaco before his retirement, including key assignments in engineering, supply and distribution, crude oil (international) and Middle Eastern Operations. Elected Vice President of Texaco, Inc. in 1983, Mr. Black was appointed Senior Vice President of Texaco Middle East/Far East that same year, and later named President of the same division. In 1992 he was elected Senior Vice President, and in 1997 was appointed President of Texaco�s Worldwide Exploration and Production. In his last and most recent role, Mr. Black was responsible for developing and managing the firm�s relationships with the industry on a worldwide basis, along with oversight responsibility for Texaco�s Technology Division and Corporate Reserves Audit Group. He also served as Corporate Compliance Officer, and as a member of Texaco�s Executive Council which set corporate strategies and priorities. Mr. Black is a member of the Board of Trustees of the United States-Azerbaijan Chamber of Commerce, the University of Texas Engineering Advisory Council, and the Committee of Economic Development. He is a distinguished alumnus of Texas Tech University and was appointed to the Texas Tech University System Board of Regents by Governor Rick Perry in 2001. He also serves on the Board of Directors of Seital, Inc. | 