Charles O. Buckner
Mr. Buckner is a nominee to the Board of Directors for 2008. He is a private investor and retired from the public accounting firm of Ernst & Young LLP in 2002 after 35 years of service in a variety of client service and administrative roles, including chairmanship of Ernst & Young's United States energy practice. Mr. Buckner is a CPA and holds a Bachelor of Business Administration from the University of Texas and a Masters of Business Administration from the University of Houston. He also serves as a director of Patterson-UTI since February 2007.

Steven W. Cattron
Mr. Cattron was appointed to the Board of Directors in July 2005 and serves as Chairman of the Board. He currently is owner of Cattron Enterprises, Inc., a professional consulting practice focused on improving profitability of small to medium sized companies. Prior to that, he was President and Chief Operating Officer of Missouri Gas Energy, a natural gas distribution company serving Western Missouri as well as Vice President of Sales and Marketing and Regulatory Affairs for Kansas City Power and Light, an electric company serving western Missouri and eastern Kansas.

William A. Henry
Mr. Henry is a nominee to the Board of Directors for 2008. He currently is Vice President of Freeport LNG Development, LP. Prior to that, he served as president of several operating divisions for Enron, including Enron's gas distribution company, and served as executive vice president of the pipelines for Reliant/NorAm Energy. Mr. Henry also served as President of W.A. Henry and Associates, where he provided consulting services on major pipeline, gas storage, LNG projects and gas marketing programs for several major international oil and gas companies.

Robert Panico
Mr. Panico has served on the Board of Directors since July 2005. Mr. Panico was elected as the Company’s President and Chief Executive Officer in May 2005. Mr. Panico served as a Vice-President of the Company from 1997 to 2005. Mr. Panico has over 27 years of oil and gas industry experience. He was previously employed by Duke Energy, Williams, American Oil and Gas, Tenneco and United Energy Resources.

John A. Raasch
Mr. Raasch has served on the Board of Directors since 2004. He was Senior Vice President of Wachovia Securities until his retirement on December 31, 2003 after 33 years of service. Mr. Raasch served as Interim President and Chief Executive Officer of Gateway Energy Corporation from October 2004 through May 2005.

J. Darby Seré
Mr. Seré was appointed to the Board of Directors in August 2005. Mr. Seré is currently the Chief Executive Officer and President of GeoMet, Inc., a coal bed methane exploration and development company. Prior to that, he was the President and Chief Executive Officer of Bellwether Exploration Company, a publicly traded natural gas and oil production company. Mr. Seré has also served as President and Chief Executive Officer of Bayou Resources, Inc. as well as Executive Vice President and Chief Operating Officer of Howell Petroleum Corporation.

Gordon L. Wright
Mr. Wright was appointed to the Board of Directors in August 2005. Mr. Wright has over 38 years experience in the oil and gas industry. He currently is President of Wright Petroleum Consulting Co. Prior to that, he was Chief Executive Officer of CGAS, Inc., an Appalachian exploration and production company, and spent over 20 years with CMS Nomeco Oil & Gas Co., where he rose to the Position of President and Chief Executive Officer.

Gateway Board Committees