Martin B. Oring -
Chairman of the Board & Chief Executive Officer
Martin B. Oring is a recognized expert in the areas of analyzing
business problems, identifying cost reduction opportunities, developing
new financial products, and negotiating and implementing transactions.
He formed Wealth Preservation, LLC in 2001, and has extensive previous
management experience including Managing Director Executive Services
of Prudential Securities, Manager of Capital Planning at Chase Manhattan
Corporation, and Manager, Capital Markets & Investment Banking
at Mobil Corporation. Mr. Oring is also currently a director of Parallel
Petroleum Corporation.
Board
of Directors
Martin B. Oring -
Chairman of the Board & Chief Executive Officer
Martin B. Oring is a recognized expert in the areas of analyzing
business problems, identifying cost reduction opportunities, developing
new financial products, and negotiating and implementing transactions.
He formed Wealth Preservation, LLC in 2001, and has extensive previous
management experience including Managing Director Executive Services
of Prudential Securities, Manager of Capital Planning at Chase Manhattan
Corporation, and Manager, Capital Markets & Investment Banking
at Mobil Corporation. Mr. Oring is also currently a director of Parallel
Petroleum Corporation.
Carmen J. Lotito -
Director
Carmen J. Lotito, age 62, is Director of PetroHunter Energy Corporation.
Mr. Lotito has been a director and chairman of the audit and compensation
committees of Gasco Energy, Inc. since April 2001, and was a director
of Galaxy Energy Corporation from November 2002 to August 2006. He
served as chief financial officer and treasurer of Galaxy Energy
Corporation from November 2002 to July 2005, and as executive vice
president from August 2004 to July 2005. Both Gasco Energy and Galaxy
Energy are subject to the reporting requirements of the Securities
Exchange Act of 1934. Mr. Lotito served as vice president, chief
financial officer, and director of Coriko Corporation, a private
business development company, from November 2000 to August 2002.
Prior to joining Coriko, Mr. Lotito was self-employed as a financial
consultant. Mr. Lotito holds a B.S. degree in accounting from the
University of Southern California.
Matthew R. Silverman -
Director
Mr. Silverman has over 30 years experience in petroleum exploration
and production, and has been instrumental in finding and developing
oil and gas reserves in Europe, Asia and the western United States.
Since 2001, Mr. Silverman has been affiliated with Robert L. Bayless,
Producer LLC for whom he serves as Exploration Manager, directing
its geology and land departments. As Exploration Manager of Bayless's
affiliate, Sweetpea Petroleum, he also directed the company's efforts
to explore for oil and gas in the Beetaloo Basin, Northern Territory,
Australia, the 7-million acre project that PetroHunter now owns
and operates. From 1989-2000, Mr. Silverman was employed by Gustavson
Associates, Inc., an international oil and gas consulting group,
principally as Vice President, International. From 1976-1989, he
also held positions with TOTAL Minatome and its predecessors, CSX
Oil & Gas and Texas Gas Exploration, and Evans Energy. Mr.
Silverman is an active member of several industry associations
and a Certified Petroleum Geologist.
