To: Raymond Duray who wrote (5451 ) 2/27/2004 3:15:06 AM From: GUSTAVE JAEGER Read Replies (1) | Respond to of 20039 Re: If we can't trust the guys arithmetic, should we trust any of his other "facts"? I'm afraid you should....S. Douglas Stinemetz doug.stinemetz@haynesboone.com Mr. Stinemetz has 15 years of global transactional experience including significant on-site negotiation of international investments and financings, joint ventures, and acquisitions, particularly in the international oil industry. His projects have taken him to over 40 countries throughout the world. Mr. Stinemetz's practice focuses on international strategic relationships, including joint ventures, international acquisitions and divestitures, offshore project structuring and investment transactions, and technology transfers, with particular emphasis on structuring complex transactions under local law. Mr. Stinemetz in particular has been a pioneer in the negotiation of new ventures in the former Soviet Union, including many ventures in Russia, Kazakhstan, Azerbaijan and Turkmenistan. Among other projects, he worked on several of the first telecommunications ventures and one of the first oil exploration ventures in Russia. Mr. Stinemetz also was in-house counsel for a major oil field services company for 5 years and is sensitive to the needs of in-house counsel for cost-efficient services of outside counsel. Mr. Stinemetz's practice has included the following: Assisted a major oilfield service company in dispositions of subsidiaries and major corporate assets in the approximate amount of $100 million. Worked on numerous international corporate mergers and acquisitions, including a $280 million acquisition of the geophysical division of a major oilfield service company with branches in 30+ countries. Structured joint ventures and similar business arrangements in South America, East Asia, Central Asia, West Africa and Europe (including Russia), particularly in the oil and telecommunications industries. Prepared production sharing agreements, service (lifting) contracts and similar agreements for exploration and production of hydrocarbons. Represented a Cyprus company in winning and enforcing one of the largest Swedish arbitration awards against a Russian oil company. Negotiated with foreign governments on behalf of US companies for oil concessions, tax exemptions and tariff reductions and assisted companies with business development in those countries.Education J.D. New York University School of Law, 1986 M.A. Harvard University, 1983 B.A. Harvard University, 1980Languages English French German Russian SpanishMemberships Texas, Ohio, Missouri, and District of Columbia Bars; Association of International Petroleum NegotiatorsOnline Publications Russian oil sector rebound under full swinghayboo.com