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Independent Oil & Gas
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Oil & Gas Drilling & Exploration
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Arabian American Development Company

Arabian American Development Company

Arabian American Development Company was organized as a Delaware corporation in 1967. The company’s principal business activities include developing mineral properties in Saudia Arabia and the United States and manufacturing various petrochemical products. ARSD owns the rights to a significant undeveloped mine in Saudi Arabia. The Company has formed a joint stock corporation with Saudi investors. ARSD will contribute the mine rights to this corporation, and investors will contribute $60 million in cash to fund the construction of a $120 million processing facility to make the mine operational. The joint stock corporation will seek financing in the form of a credit line from a bank for the remaining amount. The construction of the facility is expected to take two years. ARSD also owns approximately 55% of the capital stock of a Nevada mining company, Pioche-Ely Valley Mines, Inc ("Pioche"). Pioche owns a 300-ton a day mill which is not currently operable. It also owns 48 patented and 5 unpatented claims totaling approximately 1,500 acres located in the Pioche Mining District, Lincoln County, Nevada. A significant expenditure would be required in order to put the mill into continuous operation if commercial mining is to be conducted on the property. ARSD believes that the real estate value of Pioche is greater than the metal value.

Tengasco, Inc.

Tengasco, Inc.

Tengasco, Inc. engages in the exploration and production of oil and natural gas in Kansas and Tennessee. Tengasco, Inc. also leases producing and non-producing properties for exploration and development activities. In addition, Tengasco, Inc. owns and operates a 65-mile intrastate pipeline that transports natural gas to customers in Kingsport, Tennessee. Further, Tengasco, Inc. engages in developing and operating treatment and delivery facilities for the extraction of methane gas from non-conventional sources for delivery to natural gas customers through its pipeline system in Tennessee. Tengasco markets its crude oil principally to local refining companies, local utilities, and private industry end-users; and natural gas to local utilities, private industry end-users, and natural gas marketing companies. As of December 31, 2008, Tengasco, Inc. had 184 producing oil wells in Kansas; and 19 producing gas wells and 4 producing oil wells in Tennessee. Tengasco, Inc. was formerly known as Onasco Companies, Inc. and changed its name to Tengasco, Inc. in 1995 as a result of merger with Tengasco, Inc. Tengasco, Inc. was founded in 1916 and is based in Knoxville, Tennessee.

SK Energy Co., Ltd.

SK Energy Co., Ltd.

SK Energy (formerly SK Corp.) is the energy and chemical affiliate of South Korea's SK Group, which also operates trading and telecommunications units. Korea's largest oil refiner (1.1 million barrels of daily refining capacity), SK Energy controls about 35% of Korea's fuel retailing market and operates 4,270 service stations. The firm is involved in oil exploration and production in 15 countries and has proved reserves 500 million barrels of oil equivalent. SK Energy imports coal and liquid petroleum gas (LPG), and claims a 44% share of the Korean LPG market. SK Energy supplies natural gas to Seoul and other cities in Korea. The company also makes lubricants, low-pollutant gasoline, and petrochemicals.

Taylor Oil Co., Inc.

Taylor Oil Co., Inc.

Taylor Oil keeps on trucking to make sure that it provides petroleum distribution and on-site fueling services to construction crews, contractors, marinas, and trucking fleets along the East Coast. Taylor Oil Co., Inc. trucks visit job sites on a predetermined schedule and time, to custom-deliver and fill all of a client's equipment, tanks, and vehicles. Many of Taylor Oil's trucks carry both on- and off-road diesel so that it can fuel all types of equipment, not just construction machinery. Taylor Oil Co., Inc. delivers loads to meet the needs of 10,000-gallons-per-day users as well as clients needing as little as 50 gallons per day.

Seitel, Inc.

Seitel, Inc.

Seitel, Inc. is a leading provider of seismic data and related geophysical expertise to the petroleum industry. The data, which is used to locate oil and gas, primarily covers the Gulf of Mexico, the US Gulf Coast, and western Canada. Seitel, Inc. contracts with third-party seismic crews to gather data but handles the processing itself through its Olympic Seismic, Seitel Data, Seitel Matrix, Seitel Solutions business units. The bulk of Seitel's total revenues comes from the acquisition and licensing of seismic data. The balance is primarily generated by its Seitel Solutions subsidiary, which gives customers access to the company's seismic database. Main focus of Seitel, Inc. is at Onshore, offshore, and transition zone of the U.S. Gulf of Mexico, onshore East Texas, and Canada.

KCA DEUTAG Drilling Limited

KCA DEUTAG Drilling Limited

KCA DEUTAG is a wholly-owned subsidiary of Abbot Group. In March 2008, Abbot Group plc was acquired by First Reserve Corporation, a US-based private equity firm. KCA DEUTAG Drilling Limited is a major land driller with more than 60 land rigs operating worldwide and is the largest offshore drilling contractor in the UK sector of the North Sea. KCA DEUTAG has more than 30 offshore platforms and 10 mobile offshore drilling rigs (including jackups) in the North Sea, the Caspian Sea, Angola, and Sakhalin. KCA DEUTAG Drilling Limited is also active in the Middle East, Africa, and Asia. Not just a contractor, KCA DEUTAG Drilling Limited also designs, engineers, and constructs platform rigs. KCA DEUTAG delivers rigs primarily to large international operators in the oil and gas industry. KCA DEUTAG Drilling Limited is a subsidiary of Abbot Group, a major UK-based oil field services concern.

Colonial Pipeline Company

Colonial Pipeline Company

Colonial Pipeline Co. is an interstate common carrier of petroleum products. Each day, it delivers an average of 100 million gallons of gasolines, kerosenes, home heating oils, diesel fuels and national defense fuels to shipper terminals in 12 states and the District of Columbia. The 5,519-mile Colonial system transports these fuels primarily from refineries in Texas, Louisiana, Mississippi and Alabama to 267 marketing terminals serving the communities across the South and Eastern United States.

CITGO Petroleum Corporation

CITGO Petroleum Corporation

The story of CITGO Petroleum Corporation as an enduring American success story began back in 1910 when pioneer oilman, Henry L. Doherty, created the Cities Service Company.When Cities Service determined that it needed to change its marketing brand, it introduced the name CITGO in 1965, retaining the first syllable of its long-standing name and ending with "GO" to imply power, energy and progressiveness. The now familiar and enduring CITGO "trimark" logo was born. Occidental Petroleum bought Cities Service in 1982, and CITGO was incorporated as a wholly owned refining, marketing and transportation subsidiary in the spring of the following year. Then, in August, 1983, CITGO was sold to The Southland Corporation to provide an assured supply of gasoline to Southland's 7-Eleven convenience store chain.

Pe Ben Oilfield Services L.P.

Pe Ben Oilfield Services L.P.

Pe Ben Oilfield Services L.P. provides transportation and field warehousing of drill pipe and casing for the petroleum industry. Pe Ben operates a versatile fleet of specialized vehicles and equipment engineered to safely and efficiently handle a broad range of commodities including oilfield and construction equipment, storage tanks and oilfield tubular goods. The company has a fleet of 235 tractors and 300 trailers. Pe Ben Oilfield Services L.P. pipeline subcontracting segment offers stockpiling and stringing of oil and gas transmission pipe used in pipeline construction, and has pipeyards with more than 350 acres of storage. Pe Ben Oilfield Services L.P. bulk petroleum transport segment transports gasoline, distillates, and refined lubicrants. Pe Ben Oilfield Service is a unit of the Mullen Group, which acquired the company in 2006.

Fortune Oil PLC

Fortune Oil PLC

Fortune Oil sees success in oil and gas in its future. Through various subsidiaries and joint ventures, Fortune Oil PLC develops and operates projects that supply fuels to businesses and homes. Among its investments are a facility that delivers crude oil to one of Sinopec's largest refineries in China; an aviation refueling joint venture with BP and China National Aviation Fuel Company that supplies jet fuel to about 15 airports in central and southern China; a coal bed methane joint venture with the Shanxi provincial government; and a natural gas distribution business, sales of which rank in the top 10 of private-sector companies in China. Fortune Oil PLC is registered in England and Wales (number 2173279, main board symbol FTO) and is subject to UK Listing Rules and compliance regulations.

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