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Robert L. G. Watson <br />President <br />PO Box 701007 <br />San Antonio, TX 78270-1007 <br />(210)490-4788 <br />Chris Williford <br />Vice President <br />PO Box 701007 <br />San?,ntonio, TX 78270-1007 <br />(210)490-4788 <br />Stephen Wendel <br />Vice President/Land and Marketing <br />PO Box 701007 <br />San Antonio, TX 78270-1007 <br />(210)490-4788 <br />Principle Shareholder Western Associated Energy Corporation <br />Waeco is a wholly owned subsidiary of Abraxas Petroleum Corporation (Abraxas). <br />Abraxas is a corporation created, existing, and in good standing under the laws of the <br />State of Delaware, possessing a certificate of authority to do business in the State of <br />Colorado. <br />Shazeholder: <br />Abraxas Petroleum Corporation <br />PO Box 701007 <br />San Antonio, TX 78270-1007 <br />(210)490-4788 <br />Directors: <br />Robert L. G. Watson <br />PO Box 701007 <br />San Antonio, TX 78270-1007 <br />(210)490-4788 <br />Franklin A. Burke <br />PO Box 701007 <br />San Antonio, TX 78270-1007 <br />(210)490-4788 <br />Permit Renewal #4 06/28/04 9A <br />