National is expanding its operations in oil and gas through the Gulf Coast, and the involvement of both Dr. McDermit and Mr. Havens will have a substantial impact on the growth and the direction of the company as it relates to acquisitions, development and capital formation of the company.
It is expected that the first in a series of acquisitions will be completed in the coming quarter as well as the addition of key personnel in geology, petroleum engineering, lease acquisition and drilling.
John McDermit has extensive experience in the development, operation, and growth of both small and large companies. Over the past 30 years Mr. McDermit has been involved in the management and ownership of businesses in several parts of the world, primarily in the Far East and in Latin America. During his early career he led technology programs and consulted to NASA, McDonnell Douglas and Lockheed. Throughout his career he has focused on the execution of business plans and operations of the company. Mr. McDermit brings to National a large base of experience and relationships which will aid National in its growth and in its capitalization. Mr. McDermit holds a Ph.D. in Engineering Science, a B.S. and M.S. in Mechanical Engineering, and is a Registered Professional Engineer. He has received numerous academic and industry awards and is the author of over 70 publications. He is also a contributor to several books. He was recently recognized for his contribution to a book on business ethics.
Jason Havens is a nationally recognized tax attorney. Mr. Havens obtained two graduate law degrees, namely an LL.M. in International Taxation and an LL.M. in Estate Planning, in addition to his J.D. Mr. Havens' practice includes tax and estate planning for business owners and executives, complex charitable gift planning, and international tax and estate planning. Mr. Havens' professional affiliations include The Florida Bar and the American Bar Association, where he serves in several leadership roles and was appointed as a fellow of the American Bar Foundation. Mr. Havens also serves on several boards of directors including The ABLE Trust, to which he was appointed by Governor John Ellis ("Jeb") Bush, and the Capital Trust Company of Delaware.
Sam Petrossian, President and CEO of National, states that over the next several months National expects to begin drilling on the first of a series of locations which it has identified as targets for exploration.
National is an oil and gas company with a focus on gulf coast oil and gas prospects and properties. National is a careful to develop a through drilling plan using the latest in technology in both mapping and the use of 3D seismic reports and information.
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