Clas Regeheim

CLAS REGEHEIM is President of Taurus Petroleum. Mr. Regeheim attended
the University of Lund in Sweden and gained a law degree in 1970. He
worked for the Saln Shipping Company in its division of ownership and
management of drilling rigs from 1974-1976. In 1976 this activity was
transferred to a separate company and an additional business activity
was added, exploration for oil and gas. Between 1979 and 1982 he worked
for another company, manufacturing equipment for the mining industry.
In that same year he returned to the Saln Group and the oil & gas
business. Eventually the drilling rig business was divested and the
exploration activity ended up in Taurus Petroleum AB, of which company
he became President in 1988.