Larry Oldham

LARRY OLDHAM is President, Chief Executive Officer and a Founder of
Parallel Petroleum Corporation, and has served as an officer and
Director since the company was formed in 1979. Before Parallel’s
formation, Mr. Oldham was employed by Dorchester Gas Corporation from
1976 to 1979 and KPMG Peat Marwick, LLP, during 1975 and 1976. Mr.
Oldham became President of Parallel in October 1994, and served as
Executive Vice President before that time. He received a Bachelor of
Business Administration degree in Accounting from West Texas State
University in 1975.