W. Garth Jestley is a Director of the Middlefield
Group and President of MCC. Prior to joining Middlefield in 1985, he was a
Vice-President of Bank of Montreal and head of an international finance unit
responsible for non-recourse lending primarily in the natural resource sector
and, prior to that, was a Vice-President in the Corporate Banking division of
Citibank N.A. Mr. Jestley is a Chartered Financial Analyst.
& Littell (the Special Advisor), a Houston, Texas based oil and gas
consulting firm, will be a special advisor to the Co-Advisors. The Special
Advisor will be providing the Co-Advisors with analysis of the global economic
and political forces impacting the prices of oil and natural gas.
Groppe, the founder of the Special Advisor, will be the individual
primarily involved in providing services on behalf of the Special Advisor to
the Co-Advisors. Henry Groppe founded Groppe, Long & Littell in 1955. He
has over 50 years of management, economic and technical experience in the
energy field. Mr. Groppe was employed with Dow Chemical Co., Monsanto Co.,
Texaco Inc., and Arabian American Oil Company (in Saudi Arabia) before
establishing the consulting firm Groppe, Long & Littell in 1955. The
Special Advisor provides consulting services to government, corporate and
private clients involved in the natural gas, refining and petroleum industries.
During the past 25 years the firm has specialized in providing long range
forecasts of major changes in oil and natural gas supply, consumption and