Mr. Luis E. Giusti (age 70), Director
Mr. Giusti has been a non-executive director of the Company since April 2005. He is a member of the Carlyle-Riverstone Advisory Board and recently served on the board of Alange Energy Corporation, a Canadian-based oil and gas exploration company. Mr. Guisti is also a member of the board of governors and special adviser to the chairman of the Centre for Global Energy Studies in London. From 2000 to 2005 he was a non-executive director of Royal Dutch Shell. Mr. Giusti is internationally renowned as an advisor and commentator on global affairs and energy issues. He is presently a Senior Adviser to the Center for Strategic and International Studies, as well as a member of the advisory boards of the Energy Institute of the University of Houston, the Maguire Energy Institute of Southern Methodist University, and the Institute of Global Studies at George Washington University. He is also a member of the International Energy Agency’s Expert Panel. Since 1976, Mr. Giusti has played a leading role in the development of the Venezuelan oil industry, becoming Chairman and CEO of Petroleos de Venezuela, S.A. in 1994, a post he held until 1999. Over his career, Mr. Giusti has received numerous accolades and awards including 1997 World Oil Executive of the Year and Latin American Oil Executive of the Decade.