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Eric N. Smith has been a director of our company since April 2007. Mr. Smith has been the Clinical Finance Professor and Associate Director of The Entergy-Tulane Energy Institute since March 2005, and was Consultant to the Dean from December 2003 to March 2005. He served as Vice President of Strategic Planning at Global Industries Ltd., an offshore energy services company, from January 2003 to December 2003. From July 2002 to December 2002, Mr. Smith was Vice President of Business Development at The CRP Group Ltd., an offshore energy services company, where he also served on the board of directors from July 2001 to December 2002. Mr. Smith served as Executive Vice President of Torch Offshore, Inc. from August 2000 to December 2001. From 1998 until 2000, Mr. Smith was President and Chairman of the U.S. subsidiary of Saipem, SpA, an offshore energy services company, where he was Manager of Market Analysis and Strategic Planning between 1995 and 1998. Between 1994 and 1995, Mr. Smith was Executive Vice President of Delta Energy Management, Inc., an energy services company. Prior to 1994, Mr. Smith held various business development and finance-related positions at several companies in the energy services and chemical manufacturing industries. Mr. Smith currently serves as a member of the Advisory Committee of the Clean Power and Energy Research Consortium, a consortium of five Louisiana universities pursuing coordinated research in energy matters. Mr. Smith also is a member of the Society of Petroleum Engineers. Mr. Smith currently is a director of International Maritime Associates, Inc., a consulting firm. Mr. Smith has a Bachelor of Science in Chemical Engineering from the Georgia Institute of Technology and a Master of Business Administration from Tulane University. | 