EXECUTIVE BIOS
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Vladimir Katic
Chairman & Chief Executive Officer
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Pacific Energy Resources, Ltd.
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Mr. Katic graduated from the University of Zagreb in 1966 with a degree in petroleum-chemical engineering. He worked for Syncrude in heavy oil projects in northern Canada before joining the Arabian American Oil Company ("ARAMCO") located in Saudi Arabia, in 1977 as an engineer in drilling and production. Mr. Katic's team drilled and completed over 100 wells in Saudi Arabia and was responsible for two million barrels of oil per day production, with an annual budget in excess of US$ 100 million. Mr. Katic left ARAMCO in 1984 and worked as a consultant on offshore oil and gas development projects for Hispan Oil.
Mr. Katic has extensive experience in enhanced oil recovery from marginal fields in Louisiana, Texas and the Texas Gulf Coast. In 1986, Mr. Katic was involved in the development of medium radius horizontal drilling technology which he successfully applied as an independent drilling contractor in both Texas and Iran. In 1988, Mr. Katic completed a US$ 15 million exploration drilling program as a turn-key contractor Pacific offshore Panama. Mr. Katic's company also drilled 53 wells for the National Iranian Oil Company ("NIOC") raising its incremental production by 350 thousand BOPD in less than one year.
In 1993, Mr. Katic founded Nations Energy Group Ltd. (formerly Triton/Vuko Energy Group) with the objective of participating in the large-scale privatization of oil and gas assets in the former Soviet Union. In 1996, Mr. Katic and his company successfully won the international tender for one of the Republic of Kazakhstan's largest oil and gas assets. It contained over 500 million barrels of recoverable reserves, and was producing over 30,000 BOPD. From 1993 until 30th November 2000 when they sold their entire interests, certain companies that are ultimately indirectly associated with the family of Mr. Katic played a role, alongside various other private and institutional investors, in Nations Energy Company, Limited which successfully won the international tender for the privatisation of the State-block of shares in JSC Karazhanbasmunai, currently the eigth largest oil producer in the Republic of Kazakhstan. Mr. Katic is currently President and Chief Executive Officer of Pacific Energy Resources Ltd., an oil and gas exploration and development company listed on the Toronto Stock Exchange.
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Darren Katic
President
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Pacific Energy Resources, Ltd.
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Mr. Katic graduated from the University of Southern California in 1996 with a Bachelor of Science in Accounting. Mr. Katic has spent his career as an oil professional focusing on finance and business development. In 1997 he joined Nations Energy Group and worked in Kazakhstan for 18 months on the completion of the company's privatization of a state owned Oil Company. While with Nations, Mr. Katic was directly responsible for the company's debt restructuring program and due diligence management with regard to potential investors and partners.
In 1999 Mr. Katic founded PetroCal Incorporated, an independent oil and gas company based in Southern California. Mr. Katic served as the company's President for 5 years, during which time Oil production went from 0 to over 400 barrels per day. In August of 2004 PetroCal and it shareholders agreed to merge with Pacific Energy. In July 2005 Mr. Katic was elected to the board of Directors and appointed as the company as President.
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Jeevan Anand
Chief Operating Officer & Executive Vice President
Mr. Anand completed a Masters of Science in Petroleum Engineering from University of California, Berkeley in 1971 and a Masters of Business Administration from University of California, Los Angeles in 1991. In addition, Mr. Anand has taken extensive courses in Petroleum Engineering, Operations Research & Economics at University of Southern California, Los Angeles. Mr. Anand is a Registered Petroleum Engineer in the State of California. Mr. Anand has over 30 years of experience in the oil & gas industry. For 20 years, Mr. Anand worked for Southern California Gas Company, the largest gas utility company in the world, which operated oil & gas fields & gas storage fields in Southern California. He has worked as a Production Engineer, Drilling Engineer and Reservoir Engineer and has managed oil & gas organizations as Pipeline Manager, Drilling & Workover Manager & Division Manager. For the last 10 years, Mr. Anand has worked as an independent consultant, managing small & large projects with various companies. Among his clients are major oil producers, such as Chevron, Texaco, Mobil, Occidental and Pennsoil; and independents such as BreitBurn Energy (Provident Energy Trust), Duke Energy, Petroleum Development Corporation, Samedan Oil, and Stocker Resources (now Plains Resources). Mr. Anand has appeared as an expert witness before regulatory agencies and legal entities.
Mr. Anand joined Pacific Energy in February 2004 and since that time has been responsible for Reservoir Engineering and Field operations.
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John Rainwater
Executive Vice President |
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Pacific Energy Resources, Ltd.
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Mr. Rainwater received a Bachelor of Science (Magna Cum
Laude) in Economics/Finance and a Masters of Business Administration (Magna Cum
Laude) in Management, both from the University of Tulsa in 1971 and 1973
respectively. His credentials include many educational and industry honors and
over thirty years experience in oil and gas exploration/operations and financial
management. He has served as an officer and director of public and private
corporations throughout the United States, as well as internationally. Mr.
Rainwater has led and managed numerous initial and secondary public stock
offerings, debt offerings, restructures, and mergers and acquisitions on the
NYSE, AMEX, and NASDAQ stock exchanges. As past director of the Okalahoma
Independent Producers Association and the California Independent Producers
Association, Mr. Rainwater currently serves as a member of the Council of Energy
Advisors to Gearson Lehman Partners in New York.
Mr. Rainwater was Chief Executive Officer of Carneros Energy, Inc. in
Bakersfield, California from its inception in 2001 until its sale to Pacific
Energy Resources, Ltd. in summer of 2006. He joined Pacific Energy as Executive
Vice President at that time.
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Jerett Creed
Chief Financial Officer
Mr. Creed has a Bachelor of Science in Industrial Engineering and a Master of
Science in Accounting both from the University of Miami. Mr. Creed started
his career with Johnson & Johnson and has served in various roles ranging from
product design & development to mergers and acquisitions with particular
emphasis on financial due diligence, valuation, and deal structure. Most
recently, Mr. Creed has served as the Director of Base Operations for a stem
cell incubator within Johnson & Johnson with direct P&L responsibilty for
business development, research, clinical, and finance. Mr. Creed served as the
Chief Financial Officer for Katman Petroleum which was acquired by Petrocal Inc
prior to its consolodation with Pacific Energy Resources. In addition, Mr. Creed
originally served as the Chief Financial Officer for Pacific Energy Resources
from 2005 through August of 2006 before rejoining the organization earlier this
year. Mr Creed has significant experience in financial due diligence, audits,
and Sarbanes-Oxley implementation with a particular focus on internal controls.
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