Theodore Venners

THEODORE VENNERS, Chairman and Chief Executive Officer of KFx Inc., has
directed KFx and its predecessor entities since their inception in 1981.
Previously a Founding Partner of Fort Union Mine Partnership, which was
purchased by Compagnie Francaise des Petroles (TOTAL), Mr. Venners
formed K-Fuel Partnership in 1984. He began his business career as
Assistant to the Governor of South Dakota, after which he formed his own
real estate sales and development company. Mr. Venners served on the
Heritage Foundation’s Transition Committee for Federal Mineral Leasing
under the Reagan Administration and in 1987 was appointed a charter
member of the National Coal Council, an advisory organization to the
Secretary of the US Department of Energy. He presently is a member of
the Board of Directors of Northwestern Engineering Company, Rapid City,
SD.