Directors

Chris G. Mazzini, President, CEO, and Chairman of the Board

Mr. Mazzini has been active in the energy industry since 1978. Mr. Mazzini has a Bachelor of Science Degree in Geology from the University of Texas, and he is a Certified Petroleum Geologist as well as a Licensed Professional Geoscientist. Mr. Mazzini is also the President and founder of Giant Energy Corp., the parent company of Spindletop.

Michelle H. Mazzini, Vice-President, General Counsel, and Director

Ms. Mazzini has a Bachelor of Science Degree in Accounting from the University of Southwestern Louisiana where she graduated Magna Cum Laude in 1985. Ms. Mazzini also has a law degree from the Louisiana State University where she graduated Order of the Coif in 1988. Ms. Mazzini began her career with a large law firm in Dallas where her practice focused on general corporate and finance transactions. Ms. Mazzini also worked as Legal Counsel for a large global telecommunication manufacturing company where her practice was broad-based.

Ted R. Munselle, Independent Director and Chairman of the Audit Committee

Mr. Ted Munselle was appointed as a member of the Board of Directors of Spindletop Oil & Gas Co. on February 17, 2012. Mr. Munselle has been Vice President and Chief Financial Officer of a landscaping company since October 1988. He is a Certified Public Accountant who was employed as an Audit Partner in two Dallas, Texas based CPA firms. Mr. Munselle is also a Director at two NYSE real estate investment companies. Mr. Munselle is determined to have all the credentials and qualifications to be an Independent Financial Expert and has been appointed as an Independent Financial Expert for the Audit Committee of the Board of Directors and has been appointed as Chairman of the Audit Committee.