Board of Directors

The board will normally consist of between 9 and 14 members, although the board (pursuant to the company's by-laws) may from time to time change its size to accommodate the company's needs. No more than one-quarter of the board members shall be from current management. These will include the chairman of the board (if an executive position), the president, the chief executive officer, or any additional persons identified from management as members of the board. The current board consists of the following individuals:

The board believes that management speaks for the company. Individual board members may, from time to time, meet or otherwise communicate with various constituencies that are involved with the company. However, it is expected that board members will speak for the company only with the knowledge of management and, in most instances, at the request of management. Interested parties may contact non-management members of the board by sending written correspondence to the following address:

______________, Director
c/o Marguerite Woung-Chapman
Corporate Secretary
P.O. Box 2511
Houston, TX 77252

The Corporate Secretary will forward such correspondence to the board members.

Board of Directors Biographical Information (ages and information as of
September 16, 2011 )

Juan Carlos Braniff
Director since 1997
Age - 54

Member - Compensation Committee
Member - Finance Committee

Mr. Braniff has served as a director since 1997. Mr. Braniff has been Chairman of Capital I Ltd. Partners and a partner in Alpha Patrimonial S.A. de C.V. in Mexico City since August 2005. Mr. Braniff was a business consultant from January 2004 to August 2005. Mr. Braniff served Grupo Financíero BBVA Bancomer as Vice Chairman from October 1999 to January 2004, as Deputy Chief Executive Officer of Retail Banking from September 1994 to October 1999 and as Executive Vice President of Capital Investments, Mortgage Banking and Tourism from December 1991 to September 1994. Mr. Braniff is currently a member of the board of directors of Ixe Grupo Financíero S.A. de C.V. Mr. Braniff previously served as a director of Fomento Economico Mexicano (FEMSA, NYSE: FMX) from 1988 to 2003, a director of Coca-Cola FEMSA (NYSE: KOF) from 1991 to 2003 and as a director of Grupo Financíero BBVA Bancomer from 1991 to 2003. He also served as an alternate director of Grupo Industrial Maseca, S.A.B. de C.V. from 2007 to 2009, and as an alternate director of Gruma, S.A.B. de C.V. from 2007 to 2009.

David W. Crane
Director since 2009
Age - 52

Member – Finance Committee
Member – Governance & Nominating Committee

Mr. Crane has served as a director since December 2009. Mr. Crane has been President, Chief Executive Officer and a director of NRG Energy, Inc. since December 2003. Prior to joining NRG, Mr. Crane served as Chief Executive Officer of International Power plc, a UK-domiciled wholesale power generation company, from January 2003 to November 2003, and as Chief Operating Officer from March 2000 through December 2002. Mr. Crane was Senior Vice President – Global Power New York at Lehman Brothers Inc. from January 1999 to February 2000, and was Senior Vice President – Global Power Group, Asia (Hong Kong) at Lehman Brothers from June 1996 to January 1999.

Back to Top

Douglas L. Foshee
Director since 2003
Chairman, President, and Chief Executive Officer, El Paso Corporation
Age - 52

Douglas L. Foshee is chairman, president, and chief executive officer of El Paso Corporation, which owns North America’s largest natural gas pipeline system and one of North America’s largest independent natural gas producers.

Prior to joining El Paso in 2003, Foshee served as executive vice president and chief operating officer for Halliburton. He joined Halliburton in 2001 as executive vice president and chief financial officer. Prior to that, Foshee was president, chief executive officer, and chairman of the board at Nuevo Energy Company. From 1993 to 1997, Foshee served Torch Energy Advisors Incorporated in various capacities, including president and chief executive officer. He held various positions in finance and new business ventures with ARCO International Oil and Gas Company and spent seven years in commercial banking, primarily as an energy lender.

Foshee earned a Master of Business Administration degree from the Jesse H. Jones School at Rice University in 1992 and a Bachelor of Business Administration degree from Southwest Texas State University in 1982. He is also a graduate of the Southwestern Graduate School of Banking at Southern Methodist University.

Foshee serves on the boards of Cameron International Corporation, El Paso Pipeline Partners LP, Texas Business Hall of Fame Foundation, Central Houston, Inc., Greater Houston Partnership, and Houston Endowment Inc. He is also Vice Chair of the National Petroleum Council. From January 2009 until February 2010, Foshee was appointed by the U.S. Treasury and the Federal Reserve Bank of New York to serve in a leadership role as an independent trustee of the AIG Credit Facility Trust. The Trust was established by the U.S. Treasury to hold the 77.9-percent equity interest in American International Group (AIG).

Foshee is a member of the Council of Overseers for the Jesse H. Jones Graduate School of Management at Rice University, Rice University’s board of trustees, and the Knowledge is Power Program’s (KIPP) board of trustees. He is the recipient of numerous awards in recognition of his professional and civic achievements, including the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations, the Jesse H. Jones and Mary Gibbs Jones International Citizen Award from the World Affairs Council of Houston, and the John Rogers Award from The Institute for Energy Law. He was also honored by Texas State University as a Distinguished Alumni.

Back to Top

Robert W. Goldman
Director since 2003
Age - 69

Member - Audit Committee
Member – Governance & Nominating Committee

Mr. Goldman has served as a director since 2003. Mr. Goldman’s primary occupation has been as a financial consultant since October 2002. Prior to that time, Mr. Goldman served as Senior Vice President, Finance and Chief Financial Officer of Conoco, Inc. from 1998 to 2002 and Vice President, Finance from 1991 to 1998. For more than five years prior to that date, Mr. Goldman held various executive positions with Conoco, Inc. and E.I. Du Pont de Nemours & Co., Inc. From 2002 until July 2008, Mr. Goldman served as the elected Vice President, Finance of the World Petroleum Council. He is a member of the Financial Executives Institute and the Outside Advisory Council of Global Infrastructure Partners. Mr. Goldman serves on the board of trustees of Kenyon College, Gambier, Ohio. Mr. Goldman currently serves on the board of directors of Parker Drilling Company, Tesoro Corporation and The Babcock & Wilcox Company. Mr. Goldman previously served on the board of directors of McDermott International, Inc. until July 2010.

Back to Top

Anthony W. Hall, Jr.
Director since 2001
Age - 67

Member - Audit Committee
Member - Health, Safety & Environmental Committee

Mr. Hall has served as a director since 2001. Mr. Hall has been engaged in the private practice of law since February 2010. He previously served as Chief Administrative Officer of the City of Houston from January 2004 to February 2010. Mr. Hall served as the City Attorney for the City of Houston from March 1998 to January 2004. Prior to March 1998, Mr. Hall was a partner in the Houston law firm of Jackson Walker, LLP. Mr. Hall is Chairman of the Houston Endowment Inc. and Chairman of the Boulé Foundation.

Back to Top

Thomas R. Hix
Director since 2004
Age - 64

Chairman - Audit Committee
Member - Compensation Committee

Mr. Hix has served as a director since 2004. Mr. Hix has been a business consultant since January 2003. He served as Senior Vice President of Finance and Chief Financial Officer of Cooper Cameron Corporation from January 1995 to January 2003. From September 1993 to April 1995, Mr. Hix served as Senior Vice President of Finance, Treasurer and Chief Financial Officer of The Western Company of North America. Mr. Hix serves on the board of directors of Health Care Service Corporation and Rowan Companies, Inc. Mr. Hix previously served as a member of the board of directors of The Offshore Drilling Company from May 2004 to July 2007.

Back to Top

Ferrell P. McClean
Director since 2006
Age - 65

Chair – Finance Committee
Member – Compensation Committee

Ms. McClean has served as a director since 2006. Ms. McClean has been a business consultant since 2002. Ms. McClean served as Managing Director and Senior Advisor of J.P. Morgan Chase & Co.’s energy/power investment banking group from 2000 to 2002. From 1991 until 2000, Ms. McClean served as Managing Director and headed the investment banking and global energy group at J.P. Morgan & Co. Prior to 1991, Ms. McClean held various positions with J.P. Morgan & Co. Ms. McClean served as a member of the board of directors of Unocal Corporation until 2005 and is currently on the board of directors of GrafTech International Ltd. (formerly UCAR International, Inc.).

Back to Top

Timothy J. Probert
Director since 2009
Age - 60

Member – Finance Committee
Member – Health, Safety & Environmental Committee

Mr. Probert has served as a director since December 2009. Mr. Probert was appointed as President of Halliburton Company's Strategy and Corporate Development in January 2011. Mr. Probert previously served as President of Halliburton Company’s Global Business Lines and Corporate Development from January 2010 to December 2010. Mr. Probert previously served as President of Halliburton Company’s Drilling and Evaluation Division and Corporate Development from March 2009 to December 2009. Mr. Probert served as Executive Vice President of Strategy and Corporate Development for Halliburton from January 2008 to March 2009, as Senior Vice President, Drilling and Evaluation from July 2007 to December 2007, and as Senior Vice President, Drilling and Evaluation and Digital Solutions from May 2006 to July 2007. He also served as Vice President, Drilling and Formation Evaluation for Halliburton from January 2003 to May 2006. Mr. Probert is a member of Halliburton’s Executive Committee and is also the company’s Chief Health, Safety and Environment Officer. Before joining Halliburton in 2003, Mr. Probert was President and Chief Executive Officer of Input/Output Inc. He also served as President of Baker Hughes INTEQ, Eastman Teleco and Milpark Drilling Fluids and was Vice President of Marketing for Baker Sand Control.

Back to Top

Steven J. Shapiro
Director since 2006
Age - 59

Chairman – Compensation Committee
Member – Audit Committee

Mr. Shapiro has served as a director since 2006. Mr. Shapiro served as Executive Vice President and Chief Financial Officer of Burlington Resources Inc. from October 2000 to April 2006. During his five year tenure at Burlington Resources Inc., Mr. Shapiro served as a member of the Board of Directors and the office of the Chairman. Prior to that time, he served as Senior Vice President, Chief Financial Officer and Director at Vastar Resources, Inc. and spent 16 years in various roles of increasing responsibility with Atlantic Richfield Company. Mr. Shapiro recently served as Chairman of the Executive Committee of the American Petroleum Institute’s General Committee on Finance and is a trustee of the Houston Museum of Natural Science. Mr. Shapiro is a member of the board of directors of Barrick Gold Corporation.

Back to Top

J. Michael Talbert
Director since 2003
Age - 64

Lead Director
Chairman - Governance & Nominating Committee

Mr. Talbert has been Lead Director of the Board of Directors of El Paso since May 2009 and a director since 2003. Mr. Talbert was elected Chairman of the Board of Transocean Ltd. in May 2011. He served as non-executive Vice Chairman of Transocean from August 2010 to May 2011. Mr. Talbert served as Executive Chairman of the Board of Transocean Ltd. from October 2002 to October 2004 and as non-executive Chairman from October 2004 to November 2007. Previously, Mr. Talbert served as Chief Executive Officer of Transocean Ltd. and its predecessor companies from August 1994 until October 2002, Chairman of the Board from August 1994 to September 1999, and as President from December 1999 to December 2001. Mr. Talbert served as Chairman of the Board of The Offshore Drilling Company from February 2004 to October 2005. He served as President and Chief Executive Officer of Lone Star Gas Company from 1990 to 1994. Mr. Talbert served as President of Texas Oil & Gas Company from 1987 to 1990, and served in various positions at Shell Oil Company from 1970 to 1982. Mr. Talbert is a past Chairman of the National Ocean Industries Association and a member of the University of Akron’s College of Engineering Advancement Council.

Back to Top

Robert F. Vagt
Director since 2005
Age - 64

Chairman - Health, Safety & Environmental Committee
Member - Compensation Committee

Mr. Vagt has served as a director since 2005. Mr. Vagt has served as President of The Heinz Endowments since January 2008. Prior to that time, he served as President of Davidson College from July 1997 to August 2007. Mr. Vagt served as President and Chief Operating Officer of Seagull Energy Corporation from 1996 to 1997. From 1992 to 1996, he served as President, Chairman and Chief Executive Officer of Global Natural Resources. Mr. Vagt served as President and Chief Operating Officer of Adobe Resources Corporation from 1989 to 1992. Prior to 1989, he served in various positions with Adobe Resources Corporation and its predecessor entities. Mr. Vagt previously served as a member of the board of directors of Cornell Companies until 2005.

Back to Top

John L. Whitmire
Director since 2003
Age - 71

Member - Governance & Nominating Committee
Member - Health, Safety & Environmental Committee

Mr. Whitmire has served as a director since 2003. Mr. Whitmire serves as Vice- Chairman of the Board of CONSOL Energy, Inc., and previously served as its Chairman beginning in 1999. He served as Chairman and Chief Executive Officer of Union Texas Petroleum Holdings, Inc. from 1996 to 1998, and spent over 30 years serving Phillips Petroleum Company in various positions including Executive Vice President of Worldwide Exploration and Production from 1992 to 1996 and Vice President of North American Exploration and Production from 1988 to 1992. Mr. Whitmire previously served as a member of the board of directors of Transocean Ltd. until June 2010 and as a member of the board of directors of GlobalSantaFe Corporation until November 2007.

Back to Top