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Mr. Maxwell was educated at Princeton as an undergraduate and Oxford as a graduate. Mr. Maxwell entered the oil industry in 1957 and worked for Mobil Oil Company for 11 years in the United States Europe the Middle-east and Africa. His background has been in four traditional sectors of the industry - producing refining transportation and marketing. In 1968 Mr. Maxwell joined a well-known Wall Street Firm as an oil analyst. In polls taken by Institutional Investor magazine Mr. Maxwell has been ranked by the US financial institutions as the No. 1 oil analyst for the years 1972 1974 1977 and 1981-1986. In addition for the last 22 years he has been an active member of an Oxford based organization comprised of OPEC and other industry executives from 30 countries who meet twice a year to discuss trends within the energy industry. Mr. Maxwell is currently affiliated with Weeden & Co. LLP Greenwich Connecticut. | 