ROBERTO R.

THOMAE
15323 Henderson Pass * San Antonio, Texas 78232 * (210) 573-5506 * rt9f7aec@west
post.net
PROFILE
Vice President-Capital Markets * Investor Relations * Corporate Secretary * CFO

Success-driven, bilingual financial executive with proven ability to facilitate

rapid growth and business development in the energy sector, particularly in oil
and gas exploration and production. Strong record of success in designing and i
mplementing equity and debt capital strategies, and international investment pre
sentations, raising over $275 million in funded capital. Well-established networ
k of professional relationships include leading investment and commercial bankin
g organizations, buy- and sell-side analysts, and institutional investment fund
managers in the US, Canada, Latin America, and the UK. Hands-on expertise with l
isting requirements of multiple stock exchanges; structuring and advising boards
of directors of public companies; governance, operation, and support; corporate
accounting; design and monitoring internal controls; fiscal and fiduciary polic
y; capital budgeting, reporting standards; tax and regulatory compliance issues.
Experience spans more than 35 years of energy, corporate and public accounting,
domestic and international investment projects, SOX implementation and complian
ce controls, IT systems selection, operations, and human resource management. Hi
ghly developed public presentation, negotiating, and interpersonal communication
skills,
Bicultural and Bilingual: Spanish/English.
Accounting * Capital Budgeting * Equity Capital Investments * Financial Mana
gement
Oil & Gas Exploration & Development * Investor & Media Relations * Strategic Pla
nning
Industry & Investor Conference Presentations * Domestic & International Project
Management Negotiations * Governance * SOX * Real Estate Development * Agricultu
re & Wildlife Management
PROFESSIONAL EXPERIENCE
TXCO RESOURCES, INC. - SAN ANTONIO, TEXAS 1995-2009
TXCO was a publicly traded, independent oil and gas exploration and production c
ompany focused on identification and development of oil and gas resources in Sou
th Texas through application of advanced geophysical and horizontal drilling & c
ompletion technologies.
Vice President, Capital Markets, 2003-2009
Corporate Secretary, 1997-2008
Chief Financial Officer, Treasurer, VP-Finance, 1996-2003
Initially recruited as CFO to join early-stage microcap E&P-management team with
primary responsibility in directing all financial operations and establishing n
ew lines of working capital. Selected and migrated financial reporting and accou
nting systems to facilitate growth and meet all SEC and NASDAQ listing requireme
nts.
* Guided financial operations through periods of very rapid growth, successfully
leveraging oil & gas exploration project portfolios and growing reserves as bas
is for issuing over $125 million in common and preferred equity placements and c
ollateral for over $150 million in banking facilities.
* Key player in raising equity and debt capital sources over ten year period, en
abling growth from initial $5 million asset base to $490 million set of oil and
gas producing assets, and growing mineral lease holdings from 50,000 acres to m
ore than 1.1 million acres.
* Grew initial institutional stakeholder universe from 1% to over 80% of final s
hareholder base.
* Established shareholder relationships with such leading public equity investme
nt management firms as MFC Global, Wellington, Blackrock, State Street, Lazard,
Heartland, Barclays, UBS, Credit Suisse, HSBC, Wachovia, Soros,Vanquard, Merrill
Lynch, Goldman Sachs, Deutsche Bank, CALPERS, M&I, Mellon Capital, American C
entury, Dreyfus, AIG, JPMorgan, Lehman Bros. and Bear Stearns.
* Successfully targeted and established alliances with key boutique, mid- and-to
p tier US and International Oil and Gas Investment Banking and stock trading hou
ses, leading to buy- and sell-side analyst coverage and multiple over-subscribed
equity offerings.
* Developed analyst sponsorships with such leaders as Lazard & Co, Bank of Montr
eal, A.G. Edwards, Morgan Keagan, First Albany, Energy Capital Solutions, C.K. C
ooper, Johnson & Rice, Wunderlich, Global Hunter, and Conaccord Adams.
* Managed relationships and successfully developed trading desk sponsorships fro
m more than 200 public market-maker firms in 8 participating US stock exchanges.
* Awarded proprietary conference presentation invitations from one appearance in
1999, growing to 15 presentations by 2007 at top-tier Energy Conferences, inc
luding Howard Weil, RBC, Morgan Keegan, Enercom, J.S.Herold, Pritchard Capital a
nd IPAA events.
TXCO ultimately reached an untenable financial position arising out of the rapid
collapse of energy commodity prices and credit markets. In 2009, TXCO's assets
were liquidated in Chapter 11 proceeding, providing full repayment of all outsta
nding bank debts, trade liabilities, and preferred equity obligations.
ROBERTO R. THOMAE PAGE 2
THOMAE Y ASOCIADOS - SAN ANTONIO, TEXAS 1990-1995
An international consulting advisory specializing in identifying and implementin
g opportunities to create and support development of commerce between leading U.
S companies and targeted foreign governments and business communities.
Managing Principal / Founder
* Established network of international business relationships i
ncluding diplomatic, governmental, and business principals throughout US, Mexic
o, Central America, and Caribbean Basin to support development of oil and gas ex
ploration and production; crude oil refining and marketing; natural gas gatherin
g, processing, transmission and distribution, as well as related service activit
ies.
* Originated concept and directed negotiations for establishment of first NGV fu
eling and conversion facility built in Mexico.
* Led multinational group of oil and gas explorationists, including Texas-based
MAXUS Petroleum (NYSE) and various France- and Mexico-based geoscience and energ
y engineering firms, in unprecedented formal, US State Department-sanctioned neg
otiations within multiple ministries of Cuban government, securing geophysical e
valuation and exploration concessions in previously unexplored subsea regions of
f Yucatan Peninsula. Established over $30 million in initial capital commitments
.
* Established, and as President, operated US-based refined-products-marketing jo
int venture with Wyoming Refining, awarded US DOD ground and aviation fuels sup
ply contracts.
W.B. OSBORN OIL & GAS OPERATIONS - SAN ANTONIO, TEXAS 1980-1989
A privately owned oil and gas exploration, production and management company ope
rating in approximately 10 states or provinces in United States and Canada, wit
h active operations in commercial and residential real estate development and m
anagement, ranching, agribusiness, private aviation and marine operations, and i
nternal financial estate management services.
Treasurer & CFO
Directed all financial operations of diversified private company, playing leadin
g role in strategic planning, HR resource allocations and training, recruiting,
office design, construction management, and capital and operating budgets.
* Designed and implemented integrated risk-management systems for efficient purc
hases of life, casualty, property, and liability insurance portfolios, managed n
egotiations for tailored coverage, saving over $100,000 in annual premiums.
* Led property tax valuation negotiations in multiple state, US, and foreign jur
isdictions, managed land acquisition and residential and commercial construction
projects valued as much as $10 million.
* Served as the primary intra-family liaison in comprehensive corporate restruct
uring, transitioning into two fully operational O&G exploration groups with comb
ined net annual revenues over $40 million, reducing administrative, legal, and a
sset-allocation costs by more than $400,000.
* Identified and adopted best-in-class, in-house EDP system and upgrades, enable
d staff reductions of 40% and annual savings of $140,000.
* Created and led multi-discipline estate-planning team, developed long-range go
als, identified alternative strategies and reduced projected combined transfer t
ax liabilities by over 40%.
* Managed parallel agribusinesses, including herd health and genetic planning fo
r more than 2000 head of registered and commercial livestock, attaining record c
onception and weaning weights.
PUBLIC ACCOUNTING EXPERIENCE - US, INTERNATIONAL

* Attained Audit Senior level responsibilities in audit, tax compliance, account

ing systems design, and marketing of compliance services, including two Big 4 pu
blic accounting firms: Ernst & Ernst and Touche Ross.
* Established independent, foreign-based financial consultancy advising multi-na
tional British media company operating in five Central American countries.
EDUCATION
THE UNIVERSITY OF TEXAS AT AUSTIN, SCHOOL OF BUSINESS B.B.A. WITH HONORS, ACCO
UNTING
PROFESSIONAL & COMMUNITY AFFILIATIONS
* American Petroleum Institute: former Chair, Board of Directors, South Texas Ch
apter
* National Investor Relations Institute
* National Association of Corporate Secretaries
* Coastal Conservation Association: former member, Board of Directors, Texas; T
exas State Treasurer; Executive Committee, Southwest Chapter; President, Southwe
st Chapter
* Wilson County Wildlife Management Association: President, Board of Directors
* Center for Holistic Resource Management: Graduate, Wildlife Studies
* Graduate: Online Trading Academy, Advanced technical trading of Foreign Curren
cies, Futures and Equities