MR. RICHARD SCHROEDER is founder and President of RHS Management, specializing in technical and management consulting for the petroleum industry. He has more than 50 years of experience in engineering, international operations, management and teaching experience in all phases of exploration, production, research and corporate development. He specializes in reservoir management, production optimization, drilling, operations, completion and workover capabilities, personnel development, communications and multi-discipline team building. His professional experience includes: 9 years in engineering, research and supervision with Exxon; 8 years as Senior Vice President with May Petroleum, an independent drilling fund company; 8 years as President of Rosewood Resources, a privately-owned international integrated oil company; and 7 years as President/Vice Chairman/Consultant of Harken Energy Corp., an international exploration company. He has authored articles and manuals on various phases of petroleum engineering and personnel management. He is a member of API, SPE, IPAA, and TIPRO, is a Tau Beta Pi Fellow, and has various outstanding lecturer awards. He received a BS in Engineering Science and an MS in Petroleum Engineering from the University of Texas at Austin.