Replies to post #169 on Oil Stock Report

[alfaspider]

CFW- Management- Cont. #1

Latimer is still listed on BOD of NGP Capital Resources ....... that "invests".....

NGP Capital Resources Company is a closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. We principally invest in energy-related private companies and from time to time, we may also invest in public companies. We invest primarily in senior secured and mezzanine loans according to our business plan and in some instances receive equity interests in portfolio companies in connection with such investments. Our manager is NGP Investment Advisor, LP, an affiliate of NGP Energy Capital Management, L.L.C., an Irving, Texas-based leading investment firm with over $9.5 billion of cumulative capital under management since inception, serving all sectors of the energy industry.

Board of Directors ----------------
Kenneth A Hersh - Chairman
David R Albin
Edward W Blessing
James R Latimer III

[alfaspider]

CFW Management- Cont. #2

Latimer's key Bio Statement in red..

"He was a director of Prize Energy and its audit committee chairman from October 2000 until its acquisition by Magnum Hunter Resources in March 2002, and he continued as a director and the audit committee chairman of Mangum Hunter until October 2004."

Latimer's MO seems to be taking over BAOCs after economic downturns, reorganization and reselling the company when conditions improve.
Couple that with deep pockets from NGP- and this is worth a .13 risk- An even better risk in mid- to late- December if tax loss selling happens.









In addition, Mr. Latimer's prior experience includes senior executive positions with several private energy companies, consulting with the firm of McKinsey & Co. and service as an officer in the United States Army Signal Corps. Mr. Latimer graduated with a B.A. in Economics from Yale University in 1968 and an M.B.A. from Harvard University in 1970. He has received the Chartered Financial Analyst and Certified Public Accountant designations.