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Monday, July 10, 2006 9:01:13 PM
PEGASUS:
Peter R. Maupin (Chairman) age 65 holds a B. S. in Petroleum Engineering and has over thirty years experience in all facets of the oil business including operations, drilling, oil reclamation, and production. Mr. Maupin lives in the San Antonio area and is familiar with related operations in the South Texas area. As President and CEO of Bar M Petroleum Co., Inc., Mr. Maupin agreed in 1977 to a stop order by the SEC against the selling of oil and gas interests owned by L & S Petroleum which had warranted to Mr. Maupin that said interests were exempt from registration. Mr. Maupin sued L & S Petroleum and obtained a judgment against them in this regard. No allegations of fraud were made against Mr. Maupin. This information is presented here in the interest of full disclosure only as this action is in no way related to the ability of Mr. Maupin to serve on the Board of Directors of this company.
Thomas M. Gouger IV (President) age 27 is presently the president of the company and is in charge of all operations including supervision of all crews. He is familiar with all of the equipment used in the conduct of the business. He lives in the San Antonio area and is familiar with cementing services and related operations in the South Texas area.
Kent N. Jacobson, age 47 (CEO) is an accredited financial planner with over 17 years experience. He has served as an officer and director of professional associations within the industry, at both regional and national levels. His extensive knowledge of financial markets will be a valuable asset.
TITAN:
John Haylock
John Haylock, President and CEO, and Director. Mr. Haylock has an accounting background and has worked extensively in the public markets. In so doing, he has assisted companies in obtaining funding, defining and achieving financial and operational targets, and establishing financial controls.
Peter Maupin
Advisor to the Board of Directors
Peter Maupin obtained a Bachelor of Science degree in Petroleum Engineering from Century University in 1985. He is a member of the Society of Petroleum Engineers. He has been active for over 30 years in the petroleum industry of South Texas, being involved in many aspects of the industry since 1971. He has been the president of 4 operating companies and has been directly responsible for the operation and drilling of over 100 wells, including 6 horizontal drilling projects. Titan Oil and Gas is pleased to have someone of Mr. Maupin’s ability in charge of its drilling operations.
Guy Posella
Guy Posella, Secretary and Treasurer, Director, and Chairman of the Board. Mr. Posella has many years of managerial and organizational experience and will be a valued asset to the company as it takes on new projects.
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