I am the director of the American Petroleum Institute and the Texas Medical Center. I am also the chairman of theGreater Houston Partnership and a member of the Tulane University Board of Administrators and the Business Higher Education Forum. I am on the Baylor College of Medicine's Board of Trustees and participate in the National Petroleum Council, the Business Roundtable, the National Action Council for Minorities in Engineering, and the Governao's Business Council. In taking the reins of this company it was essential for me to empahsize the need to enable empoloyees to act. In the diversification our company still scrutinizes the business of oil extraction.
Oil extraction is our main concern and our emphasis has been in the gulf of Mexico.
I hope this statement has been informative.