Officers & Directors

W. Milton Cox

Position

Chairman & CEO

 

Highlights of
Qualifications

 

  • 25 years executive experience in resource investment management.
  • International business experience in oil and gas and mining.
  • Management experience in corporate restructuring and finance.

 

Professional
Experience

 

CodeAmerica Investments LLC                                       1982 - Present
President & CEO
CodeAmerica Investments LLC is a multifarious mineral resource investment and management  company with interests in mining and oil and gas production worldwide.  CAI’s interests include the exploration and development of placer gold deposits, diamond mining, and oil and gas exploration and development.  CAI also maintains interest in financial service companies related to the industry.  CAI holds a controlling interest in National Diamond Corporation, a worldwide distributor of cut and polished diamonds.

 

 

 

Diamond Oil & Gas, Inc.                                                          1992 - 1998
President & CEO
Diamond Oil & Gas was originally a partnership formed to seek and take advantage of certain opportunities that were available in shut-in and low producing wells. From 1992 through 1996 Diamond re-­entered and completed nine wells in Canada and Louisiana.  Texas operations were established in 1996. Initiated successful re-entry program in Leon and Madison Counties Texas. Drilled and completed two Horizontal wells in Burleson County Texas. Developed a four thousand acre, thirty well Sub-Clarksville prospect in t, Madison County Texas.  CodeAmerica Investments sold its 30% interest in Diamond Oil & Gas in September 1998.

 

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Education &
Certifications

 

Bachelor of Business Administration – Marketing, Memphis State University Masters in Business Administration – Finance, University of Mississippi
Gemological Institute of America, Certified Gemologist
BSC Petroleum Geology Certificate, University Tulsa

 

Professional
Affiliations

 

Member ASME
American Gem Society
Jeweler Board of Trade

 

 

 


Jay Timothy Altum

Position

Director   

 

Highlights of
Qualifications

 

  • 17 years experience in oilfield geology and geophysics. 
  • Masters Degree in Geology from Baylor University, Texas.
  • Past research geologist for ARCO Alaska.  

 

Professional
Experience

 

PennzEnergy, Devon Energy Corp / BP                                     1998 - Present
Geological Advisor
Geologist for Eugene Island 330 Field, PennzEnergy's largest single asset. Responsibilities include integration of geology, petrophysics, geophysics and engineering data into 3-D reservoir models. Eugene Island 330 Field has 36 producing sands. 

 

 

Landmark Graphics, Houston, Tx                                                         1997-1998
Practice Manager, Integrated Services Group
Manager for all consulting for Asia Pacific Region. Built consulting team, revenue and margin targets and delivering integrated solutions to oil and gas companies in the region.

 

 

Pennzoil Exploration & Prod. Co., Houston, Tx                                1993-1997
Senior Petroleum Geologist
Worked 95-97 as Geologic Modeling Expert for Complex Imaging Team. Worked as Senior Exploration Geologist from 93-95 assigned to Permian Basin. Responsibilities include all aspects of exploitation of assets acquired through Chevron Permian Basin acquisition. Represented Pennzoil in Venezuela to all PDVSA Affiliates.

 

 

ARCO Oil & Gas, Western Region, Houston, Tx                        1990-1993
Exploitation Geologist
Worked from a Research Geologist to Exploitation Geologist over three years. In charge of various projects over this team. Winner of several ARCO EXCEL awards, one for Best Use of Technology to Improve Exploration/Geoscience Operations.

 

 

ARCO Exploration Research, Houston, Tx                              1986-1990
Research Geologist
Worked in various capacities during term. Project Coordinator for Alaska Geochemical Exploration Research Group in 87-88. Conducted four separate geochemical programs for ARCO Alaska projects.
1986-1990.

 

Education

 

Bachelor of Science - Geology/Physics - Hardin Simmons University, 1981
Master of Science - Geology - Baylor University, 1990

 

 

 


T. Arden McCracken, Ph.D

Position

Director   

 

Highlights of
Qualifications

 

  • Ph.D. Chemical Engineering, Clemson University.
  • Senior Engineering Advisor (International) for Pennzoil/Devon/BP.
  • Twenty eight years experience in reservoir engineering.

 

Professional
Experience

 

Pennzoil Exploration ,I Devon Energy, Houston, TX             1996-Present
Senior Engineering Advisor (International)
Responsible for evaluation and recommendations on all international ventures. Also responsible for Year end Reserve Report.

 

 

Pennzoil Exploration & Prod. Co., Houston, Tx                              1992 - 1996
Chief Engineer Worldwide
Functional management of approx. 150 Reservoir, Production, Facilities and Construction Engineers. Technical review and approval of all major projects, Company wide. Oversight for all reserve bookings and revisions.

 

 

BP Exploration Company, London, England                                    1987 - 1992
Chief Reservoir Engineer Worldwide
Managed approximately 360 Reservoir Engineers. Reserve books and review and approval of all reserve changes. Technical oversight of a $55m annual budget. Technical review and approval of all major projects.

 

 

Sohio E & P Company, Houston, Tx                                                   1985 - 1987
Chief Petroleum Engineer
Ending term as Chief Petroleum Engineer responsible for 350 engineers. Annual budget of $35m. Technical review and approval of all major projects, company wide. 1986 Chief Reservoir Engineer and Manager - Gas & Condensate Recovery Group (Prudhoe Bay Field) Managed approx. 180 Reservoir Engineers.

 

 

AMINOIL, USA, Houston, Tx                                                               1984 - 1985
Manager of Reservoir Engineering

 

 

Amoco Production Company, New Orleans, La                             1978 - 1984
Division Reservoir Engineer/Offshore Division

 

Education

 

Ph.D. - Chemical Engineering - Clemson University, 1971
M.S. - Chemical Engineering - Clemson University, 1968
B.S. - Chemical Engineering - Clemson University, 1966

 

Professional
Affiliations

 

  • Member of Society of Professional Engineers
  • Two term Member of the SPE Reserves Committee
  • Ex-Chairman of the SPE Reserves Committee

 


Bassam “Sam” Nastat

Position

Director and President

 

Highlights of
Qualifications

 

  • 14 years experience in oil field project development.
  • Negotiated oil exportation programs, handled all aspects of crude oil sales and  contract negotiations.
  • Liaised with investment bankers and private companies to develop strategic financial planning for oil and gas development.

 

Professional
Experience

 

CodeAmerica Investments LLC                                      2000 - Present
Vice President Project Development and Finance
CodeAmerica Investments LLC is a multifarious mineral resource investment and management company with interests in mining and oil and gas production worldwide. Worked with CodeAmerica to liaise with their investor base. Developed financing strategies to take advantage of exploration opportunities in Texas, Wyoming and Alaska. Prepared and presented proposals to industry partners and private investors for development of oil and gas properties.

 

 

 

Merrill Lynch, Toronto, Ontario                                                1997 - 2000
Consultant, Private Client Group
Enrolled in the Midland Walwyn Financial advisor program and became a broker at the Mississauga Carriage House Branch. Later moved to Merrill Lynch after merger. Worked with high end clients developing investment strategy in various areas. Extensive experience in IPO and new venture funding.

 

 

Midland Walwyn, Toronto, Ontario                                           1996 - 1997
International Settlements
Responsible for reconciled U.S. and Euroclear transactions that were cleared through Midland Walwyn's International Settlements Department.

 

 

Talon Trading Ltd., Calgary, Ontario                                         1991 - 1996
Consultant
Responsible for arranging the purchase of crude oil from Middle Eastern companies as well as negotiating various oil field equipment supply contracts between buyer and seller. Investigated and reported on various trade expansion opportunities for oil field equipment in the Middle East. Primary focus was on evaluating the set-up of an oilfield supply logistical problems, currency exchange, credit issues and supply sources were all examined under my department.

 

 

 


Don L. Sytsma

Position

Director and Chief Financial Officer 

 

Highlights of
Qualifications

 

  • 25 years experience in domestic and international energy industries.
  • Experience in upstream, midstream, downstream and trading sectors
  • Responsibility for finance, accounting & auditing functions.
  • Assets evaluations / valuations, due diligence and audit services to clients in U.S., Western Europe, Russia, Australia and Asia.

 

Professional
Experience

 

DLS Energy Associates, LLC                                             1995 - Present

 President and Managing Member
Business and financial consulting services to energy industry clients. Actively involved in restructuring and reformation of U.S. and international natural gas markets including development of regulatory regimes and associated network codes.  Primary areas of concentration are information systems business functionality requirements, asset evaluations and financial valuations, risk management and energy trading.  Performed on-site consulting services to clients in U.S., Europe, Russia and Australia.

 

 

 

The Polaris Pipeline Company                                                1994 - 1995
Controller
Responsible for finance and accounting functions for 400 million cubit feet per day natural gas marketing company.  Oversaw risk management strategy, risk mitigation techniques, positions and exposures.

 

 

 

Plains Resources, Inc.                                                          1993 - 1994
Manager, Financial Planning & Forecasting
Responsible for treasury operations, management finance department, and monthly flash reports and annual operating budgets and financial forecasts. 

 

 

 

United Gas Pipe Line Company                                            1985 - 1993
Director, Internal Audit
Director, General Accounting & Financial Reporting
Manager, Gas Accounting
Responsible for all aspects of audit, operational and financial accounting functions.

 

Education &
Certifications

 

Bachelor of Science – Accounting, Indiana University 1979
Graduate with Highest Distinction (top 1% of class)
Successful Completion Uniform CPA Examination, 1979

 

Professional
Affiliations

 

  • Previous North American Standards Board (NAESB) Executive Committee Member and Co-Chairman multiple industry sub-committees to develop standards for the North American energy markets.  
  • Institute of Internal Auditors 

 

Michael M. Tindle

Position

Director of Field Operations    

 

Highlights of
Qualifications

 

  • 20 years experience in pipeline, design, construction and operations.
  • Experience in all phases of operation of gathering / transport systems, compressor stations, knowledgeable in balancing of gas systems, volume integration, meter calibrations and sampling.
  • Extensive experience in pipeline right of way procurement on both federal and state levels.

 

Professional
Experience

 

SCS Energy Services                                                                    2003 - Present
Superintendent of Operations
Design, install, operate all production equipment and pipelines needed to maintain production from wells (to include production equipment, flow lines, piping, compression, hi/lo valves, metering, etc.). Flow back wells after completion for cleanup, hire contract testers, contract pipe fitters, contract pumpers. Maintain good working relations with landowners. Maintain good operations of wells. Get reports on production sent to marketing. Be sure all locations are clean and follow rules set forth by state.

 

 

Pennacle Natural Gas                                                                           1988 – 2003
Field Operations Manager
Design, install, operate gas gathering systems (with compression, dehydration) and transportation systems. Balance gas on systems. Check volume integration. Set up meter calibrations and sampling. Take reports from field for gas marketing. Order parts, fittings, compression, valves for the job at hand. Work with contractors on design and installation of systems. Instruct and work with field operators of systems. Purchase vehicles for field operators. Hire field operators.

Hire contract labor-meter testers, compression mechanics, contractors, surveyors, etc. Commence ROW for state, federal, fee lands. Maintain runtimes on compression and pipeline facilities of minimum of 95% availability. Deal with producers on volumes if any problems with measurement. Run AFE's on new compression and pipeline installations. Responsible for all aspects of the operations of all gathering / transport systems, compression stations, employees and the overall appearance of the company in the eyes of the producers and the public. 

 


Paul Moase

Position

Financing Advisor      

 

Highlights of
Qualifications

 

  • Member Board of Directors of Falcon Oil & Gas Ltd.
  • Managing Director, Capital Markets at MGI Securities.
  • Lead Financier in raising $200+ Million for Falcon’s Hungarian deep basin project.
  • Formerly Director of Investment Banking at First Associates.
  • Director of HSBC Securities’, Mergers and Acquisition Group.
  • Member Toronto Stock Exchange Listings Advisory Committee.
  • MBA University of Western Ontario.