Abraxas Petroleum Corp.

Barry Galt was elected in May 2004 to the board of directors of Endeavour International Corporation, a North-Sea focused oil and gas exploration and production company. Galt is the retired chairman and chief executive officer of Seagull Energy Corporation, a diversified exploration and production company that merged with Ocean Energy, Inc. in 1999. He served on the board of directors of the combined company until its acquisition by Devon Energy Corporation in April 2003. Prior to heading Seagull Energy, Galt was president and chief operating officer of The Williams Companies in Tulsa, Oklahoma. He also serves on the board of directors of Trinity Industries, Dynegy, Inc., and Abraxas Petroleum Corporation.

Dennis E. Logue has been a Director of the Company since January 2002. He has served as Chairman of the Board of Ledyard National Bank, Hanover, New Hampshire since August, 2005. He served as Dean of the Michael B. Price College of Business at the University of Oklahoma from July 2001 to September 2005. Prior thereto, Mr. Logue held numerous business-oriented professorships, most recently at the Amos Tuck School, Dartmouth College from July 1974 to June 2001. Mr. Logue is also a Director of Abraxas Petroleum Corporation, San Antonio, Texas, a natural gas and crude oil exploration, development, and production company.

Harold D. Carter, age 66, has served as a Director on our Board and as a consultant to us since 1992. Mr. Carter currently serves on the Compensation and the Nomination Committee. Mr. Carter has more than 40 years experience in the oil and gas industry and has been an independent consultant since 1990. Prior to consulting, Mr. Carter served as Executive Vice President of Pacific Enterprises Oil Company (USA). Before that, Mr. Carter was associated for 20 years with Sabine Corporation, ultimately serving as President and Chief Operating Officer from 1986 to 1989. Mr. Carter consults for Associated Energy Managers, Inc. with respect to its Energy Income Fund, L.P. and is a director of Energy Partners Ltd., and a director of Abraxas Petroleum Corporation, both publicly traded oil and gas companies, and Longview Production Company, a private company. Mr. Carter has a B.B.A. in Petroleum Land Management from the University of Texas and has completed the Program for Management Development at the Harvard University Business School.