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Occidental Petroleum Corporation was founded in 1920 and is based in Los Angels, California.Occidental Petroleum Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company. Occidental Petroleum Corporation has three segments: Oil and Gas; Chemical; and Midstream, Marketing, and Other. The Oil and Gas segment engages in the exploration, development, production, and marketing of crude oil, natural gas liquids, and condensate and natural gas in Texas, New Mexico, California, Kansas, Oklahoma, Utah, and Colorado, as well as in Argentina, Bolivia, Colombia, Libya, Oman, Qatar, the unite Arab Emirates, and Yemen. As of December 31, 2008, Occidental Petroleum Corporation had proved reserves of approximately 2,978 million barrels of oil equivalent. The Chemical segment manufactures and markets basic chemicals, vinyls, and performance chemicals. The Midstream, Marketing, and Other Segment gathers, treats, processes, transports, stores, trades, and markets crude oil, natural gas, natural gas liquids, and condensate and carbon dioxide, as well as generates and markets power. In addition, Occidental Petroleum Corporation involves in the calcium chloride business.

Panda Energy has a twenty-five year track record of success in building large-scale, state-of-the-art power generation facilities.Panda Energy International develops, owns, and operates clean, low-cost power plants. The company has built more than 9,000 MW of electric generation capacity in the US. Panda Energy has sold its interests in four gas-fueled power plants in Arkansas, Arizona, and Texas to TECO Energy, and its stakes in projects in China and Nepal. Panda Energy has built the two largest gas-fueled, combined-cycle independent electric generation facilities in the US, totaling 4,500 MW of generating capacity. CEO Bob Carter and his wife, EVP Janice Carter, own a controlling stake in Panda Energy, which they founded in 1982.

Panhandle Oil and Gas Inc. engages in the acquisition, management, exploration, and development of oil and natural gas properties. Panhandle Oil and Gas Inc. holds properties and other oil and gas interests primarily in Arkansas, Kansas, Oklahoma, New Mexico, and Texas, the United States. As of September 30, 2009, Panhandle Oil and Gas Inc. had working and/or royalty interests in 4,861 producing oil and natural gas wells, as well as in 40 wells that were in the process of drilling or completion. Panhandle Oil and Gas Inc. customers include pipeline and marketing companies. Panhandle Oil and Gas Inc. was formerly known as Panhandle Royalty Company and changed its name to Panhandle Oil and Gas Inc. in March 2007. Panhandle Oil and Gas Inc. was founded in 1926 and is based in Oklahoma City, Oklahoma.

Penn Virginia Corporation was founded in 1882 and is headquartered in Radnor, Pennsylvania with its additional offices in Oklahoma, Tennessee, Texas, and West Virginia.Penn Virginia Corporation is an independent oil and gas company primarily engaged in the development, exploration and production of natural gas and oil through our wholly owned subsidiary, Penn Virginia Oil & Gas Corporation, or PVOG. Penn Virginia Corporation also own partner interests in Penn Virginia Resource Partners, L.P., (NYSE: PVR), which is involved in the coal and natural resource management and natural gas midstream businesses, and Penn Virginia GP Holdings, L.P., or PVG, which owns PVR’s general partner.We have a geographically diverse asset base with core areas of operation in the East Texas, Mid-Continent, Appalachian, Mississippi and Gulf Coast regions of the United States. As of December 31, 2008, Penn Virginia Corporation had proved natural gas and oil reserves of approximately 916 Bcfe, of which 82% were natural gas and 51% were proved developed, with an SEC pre-tax PV-10 value of $908.0 million and standardized measure of discounted future net cash flows of $729.4 million.

Petroleum Development Corporation was founded in 1955 and is based in Denver, Colorado.Petroleum Development Corporation engages in the exploration, development, production, and marketing of oil and natural gas. Petroleum Development Corporation also specializes in the purchase, aggregation, and resale of natural gas from other producers. As of December 31, 2008, Petroleum Development Corporation owned interests in approximately 4,712 gross wells located primarily in the Rocky Mountain Region, and the Appalachian and Michigan Basins with 753 billion cubic feet equivalent of net proved oil and natural gas reserves. Petroleum Development Corporation sells natural gas to other gas marketers, utilities, industrial end-users, and other wholesale gas purchasers.

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