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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)
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To: Ga Bard who wrote ()2/7/1998 8:39:00 PM
From: Ga Bard   of 1757
 
James R. Clark .... Senior Vice President, Octane Marketing. After
graduation from the University of Houston in 1952, Mr. Clark entered the U.S. Navy where he spent two years. Upon completion of military service Mr. Clark joined Cooper Petroleum Company, where he eventually rose to the position of Senior Vice President and Manager of Marketing. Mr. Clark was responsible for the marketing of all of Cooper's petroleum and petroleum products. After fifteen years with Cooper, in 1969 he founded Larcon Petroleum Company, which marketed petroleum products and petro Energy. Under his guidance and control, Larcon reached one billion dollars in annual sales by 1974. Upon the sale of Larcon to Charter International, Mr. Clark participated in the industry for several years as an investor until he formed Oaks Energy in 1981. Oaks energy specialized in the marketing of crude oil and petroleum products and in recent years has been engaged in the purchase of producing oil and gas properties. In an effort to expand the acquisition opportunities available he co-founded Velt Energy, Inc. in 1993. Mr. Clark has a passive participation in Velt Energy at the present time. In 1966 Mr. Clark and John Spriggs formed BASCO Energy Corporation, an entity organized to market petroleum products and participate in oil and gas exploration and production.

Arcon has support employees and several contract consultants throughout the various stages of development from chemical analyzing, engineering, mechanical to actual operations.
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