W. Craig Gaines

Arena Resources, Inc. (NYSE: ARD) is an Oklahoma-based oil and gas exploration, development and production company with current operations in Texas, Oklahoma, Kansas and New Mexico. Founded in 2000, the experienced management team has aggressively sought to acquire select properties in their 'back yard' which provides immediate positive cash flow and development opportunities for future years. Arena's management understands what is required to build a resource company from the ground up, having successfully done so on more than one occasion. With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation and reservoir engineering, Arena has the components in place to build a profitable and successful program.

Texaco, Inc. explores and produces oil and natural gas. It engages in the worldwide exploration, production and marketing of crude oil, natural gas, and petroleum products. The company was founded in 1902 and is headquartered in San Ramon, CA.

Canvas Energy, Inc. engages in the acquisition, exploitation, exploration and production of onshore oil and natural gas. It focuses on deposits of Stack, Meramec and Osage, Oswego, and Woodford located in Oklahoma and the Texas Panhandle. The company was founded by Mark A. Fischer and Charles A. Fischer in April 1988 and is headquartered in Oklahoma City, OK.