Natural Resources >> CEO Interviews >> October 27, 2003

Larry Oldham – Parallel Petroleum Corporation (plll)

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. Profile
DON TIFFIN has been Vice President of Business Development of Parallel Petroleum Corporation since June 2002. He has a Bachelor of Science degree in Petroleum Engineering from the University of Oklahoma. Mr. Tiffin is a Registered Professional Engineer and was with Fina Oil & Chemical Company for over 20 years, serving in various capacities of operational and portfolio management. Geographically, he has worked the Arkansas-Louisiana-Texas, South Louisiana, Permian Basin, Mid-Continent, and Rocky Mountain regions. He served as General Manager of First Permian, LP, from its inception in 1999 until its sale in 2002. Profile
TWST: Would you start out with an overview of Parallel Petroleum

Corporation and kind of how you see the company today?

Mr. Oldham (President): We're about 24 years old and we've had a