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Strategies
▪ Acquire Oil and Gas Assets in South America through the Acquisition of Existing Oil and Gas Companies, and/or Exploration, Producing and Development Assets.

▪ Enhance Acquired Assets by Applying Latest Technology, Technical Expertise and Capital.

▪ Build a technically and financially strong oil and gas exploration and production company with long-term growth potential.

Larry D. Leavell
Larry D. Leavell is Chief Operating Officer for Shona Energy Company, Inc. He has 40 years of engineering and management experience. Mr. Leavell has a proven track record to grow the company through exploration and acquisitions, and monetize discoveries as quickly as possible. Prior to early retirement in 2002, Mr. Leavell managed a fully integrated staff in a Southeast Asia company for Devon Energy Company (formerly Santa Fe Energy). This operation had operating interests in five concessions with a 2002 gross capital budget of US$142 million and an operating budget of US$120 million. The concessions had gross reserves of 325 million barrels of oil and condensate, 90 million barrels of LPG and 1 TCF of natural gas. Mr. Leavell served as an officer on the Indonesia Petroleum Association Board of Directors. The company was sold to PetroChina. After retirement, he consulted for several companies and formed his own small company, which purchased marginal properties in the Permian Basin of the United States , reworked the wells and significantly increased production.

Mr. Leavell’s experience includes most geologic basins in the United States and numerous international countries. He has expertise in the Permian Basin (primary, secondary or waterflood and tertiary or CO² recovery) California heavy oil (steam cyclic, steam flood and insitu combustion) and Gulf of Mexico onshore and offshore operations. As a corporate manager for Santa Fe Energy, he managed the Health, Safety and Environmental Department and special projects as heavy oil upgrading and marketing. As International Production Manager for Santa Fe Energy, he directed drilling and production activities in Argentina , Bolivia , Ecuador , Gabon , Indonesia and Malaysia . Mr. Leavell was responsible for the planning, engineering and building a 75 MMCFPD natural gas processing facility in the Neuquen Basin in a record 18 month time frame.

Mr. Leavell holds an engineering degree from New Mexico State University and completed the Stanford University Executive Program.

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