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Victor M. Perez became our Chief Financial Officer in August 2004. From July 2003 to July 2004 Mr. Perez was a private consultant engaged in corporate and international finance advisory. From February 1995 to June 2003 Mr. Perez was Vice President and Chief Financial Officer of Trico Marine Services Inc. a marine transportation company serving the offshore energy industry. Trico Marine Services Inc. filed a petition under the federal bankruptcy laws in December 2004. Mr. Perez was Vice President of Corporate Finance with Offshore Pipelines Inc. an oilfield marine construction company from October 1990 to January 1995 when that company merged with a subsidiary of McDermott International. Mr. Perez also has 15 years of experience in international energy banking. | 