Ivar Siem

IVAR SIEM is Chairman of the Board of Directors of Blue Dolphin Energy
Co. From 1995 to 2000, Mr. Siem served on the Board of Directors of
Greywolf Inc., during which time he served as Chairman from 1995 to 1998
and interim President (1995) during its restructuring. Since 1985, he
has been an international consultant in energy, technology and finance.
He has served as a Director of Business Development for Norwegian
Petroleum Consultants and as an independent consultant to the oil and
gas exploration and production industry based in London, England. Mr.
Siem holds a Bachelor of Science degree in Mechanical Engineering from
the University of California, Berkeley, and has completed an executive
MBA program at Amos Tuck School of Business, Dartmouth University. Since
October 1999, Mr. Siem has served as a Director of American Resources
Offshore, Inc., and since December 1999 he has served as President of
American Resources, at which time American Resources became a 75% owned
subsidiary of the company.