James W. Baker

Meritage Energy Company, LLC ('Meritage') is an oil & gas acquisition and exploitation company, formed in July of 2006 by Samuel D. Winegrad, Thomas J. Corley other institutional and individual investors. Messrs. Winegrad and Corley each have over twenty years of oil & gas experience with both private and public concerns and in senior executive capacities. Meritage was formed for the purpose of acquiring stable, long life oil & gas fields, enhancing their value through implementation of cost efficiencies and the application of new and existing technologies, exploiting previously unrealized value, and gaining the arbitrage value associated with the bundling of smaller properties into a larger and hence more attractive package for divestiture. In summary, Meritage can demonstrate sound financial backing, a rational business plan based on a proven formula which invests in 'bricks and mortar' assets, as well as seasoned management with a proven track record of building, managing and divesting oil and gas companies.

Nance Petroleum Corp. produces oil. It engages in the exploration and development of oil and gas. The company is headquartered in Billings, MT.