C. R. (RICK) JETER

*** ***** **** ***** 713-***-****

Hudson Oaks, Texas 76087 ad10wi@r.postjobfree.com

PROFILE

INDUSTRY LEADERSHIP

JETER FIELD SERVICE, LLP, Weatherford, Texas 1/04 – Present

Owner

Management: Founded and manage a company that negotiates, purchases, operates, and sells oil and gas producing properties in Texas and New York. During 2004-2005, purchased leases and participated in drilling gas wells. Purchased 2500+ acres of leases in the Marcellus and Utica shale areas in western New York. Participated in drilling

a Trenton-Black River well. Purchased, operated, and sold 27 oil wells in Wichita County, Texas.

FAIRFIELD ENERGY, INC., Houston, Texas 7/93 – Present

President

Management: In 1993, purchased from Santa Fe Energy Resources a package of non-operated working interests that covered 200 wells in 6 states (California, Texas, New Mexico, Oklahoma, Louisiana, and Arkansas). Participated in drilling 60 non-operated oil and gas wells during the past 18 years.

Financial Operations: From 1995 – 1999, managed a $5 million credit line with Compass Bank in Houston and successfully made payments in a timely manner. Also, ensured a third-party engineering firm provided detailed, quarterly production and financial reports to the bank.

Current Status: This venture currently has interests in 20+ producing wells in Oklahoma and Texas.

XL OPERATING COMPANY, INC., Houston, Texas 2/95 – 7/05

President

Management: Founded and managed a company that purchased and operated 57 oil wells in the Wilmington Field in Los Angeles County, California. Sold these producing wells in 1998. In 1995, purchased and operated 11 oil wells in Alameda County, California. Sold these wells in 2005. Successfully complied with designated regulations of state and local governmental agencies. Opened company originally in Houston and moved to Weatherford in 2000.

Financial Operations: Managed the processing of monthly and quarterly checks to 2,500 royalty owners. Ensured database of royalty owners was maintained and updated continuously to ensure timely and accurate delivery of checks to recipients.

Training/Staff Development: Hired and managed 10 employees, including an Engineer, Geologist, CPA, Lease Analyst, three Pumpers, and two Administrative Assistants.

LIFE ROYALTIES, INC., Fort Worth, Texas 4/89 – 1/93

Operations Manager/Owner (One-Third)

Operations Management: Planned and managed daily operations for a company that purchased royalty interests in primarily large west Texas waterflood oil units operated by major oil companies. Designed and originated a software system to generate specific offers to individual royalty owners. Successfully purchased $10 million of producing royalties in the target oil fields. Sold my company stock in 1993.

C.R. (RICK) JETER, page 2 of 2

JETER & ASSOCIATES, INC., Arlington, Texas 4/76 – 4/89

President

Management: Founded and managed a company that marketed, sold, and provided contract land services for exploration and utility companies throughout Texas, New Mexico, Louisiana, Mississippi, Arkansas, Florida, North Dakota, and Kansas. Clients included Exxon, Mobil, Kerr-McGee, The Louisiana Land and Exploration Company, General Crude, Superior Oil Company, Getty Oil Company, ARCO, Gulf, Phillips Petroleum, Conoco, Texas Utilities, Texas Oil & Gas, Lone Star Gas, Houston Power & Light, Consolidation Coal Company, Phillips Coal Company, Mitchell Energy, Gulf States Telephone, Amoco, Texaco, Chevron, Houston Oil and Minerals, Mitchell Energy, Texas Oil and Gas, and others.

Financial Management: Managed daily financial operations and cash flow to successfully maintain profitability. Managed and maintained clients’ escrow accounts for lease purchasing. Provided clients with detailed accounting reports and expense records.

Training/Staff Development: Hired, trained, and supervised 13 employees and 185 contractors in 8 states to ensure high-quality customer satisfaction.

MILLICAN OIL COMPANY, Tyler, Texas 4/73 – 4/76

Staff Landman (Contract)

Landman Services: Provided landman services throughout East Texas for a oil and gas exploration company. Negotiated leases with owners of mineral rights. Verified title ownership, performed title curative services, and purchased right-of-ways and drill sites. Negotiated and settle damages incurred during oil and gas operations.

REPUBLIC NATIONAL BANK, Dallas, Texas 1/70 – 4/73

Administrative Assistant, Estate Division

Financial Services: Participated with the financial team that executed terms of wills for clients’ of the largest bank in Texas. Coordinated the detailed appraisal of clients’ assets. Paid federal taxes and distributed remainder to individuals or trust. Managed oil and gas assets in trust.

CERTIFICATON

Certified Petroleum Landman, American Association of Petroleum Landmen 1978 – 1985

EDUCATION

The University of Texas at Arlington

Bachelor of Business Administration Degree 12/71

Major: Economics and Real Estate.

Attended Baylor University, Waco

Major: Economics and Real Estate 1968--1969

COMMUNITY SERVICE

Member, Building Committee, St. Andrews Methodist Church, Arlington, Texas 1987 – 1989

Member, Board of Directors, Bank of Arlington, Texas 1978 – 1983

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