John A. Versfelt

Chairman, President, Chief Executive Officer & Director

Mr. Versfelt has over 26 years experience providing leadership, management consulting, chief financial office, administration and paralegal/regulatory services to private and public companies. Serving in a variety of roles as a Managing Director, Chief Executive Officer and Chief Financial Officer over the last number of years, he has been responsible for strategic planning, corporate development and finance, administration and accounting, and legal and regulatory compliance. Mr. Versfelt is the driving force behind Cabo Drilling and has been a Senior Officer and a Director of the Company since January, 1992. He has also been a Senior Officer and Director of International Millennium Mining Corp. (Cabo Drilling controls ~11% of the common shares) since October, 1993 and President of American Resource Management Consultants Inc. since 1981.