Mr. Townes G. Pressler has been Owner and President of Tepee Petroleum Company, Inc., an exploration and production company and Pressler Petroleum Consultants, a reservoir engineering consulting firm, since 1985. Mr. Pressler has been Executive Chairman of Adams Resources & Energy, Inc. since September 7, 2017. He founded Pressler Petroleum Consultants in 1985 and serves as its Chairman. From 1983 to 1985, Mr. Pressler served as the President and Chief Operating Officer of Philip Hill Energy, Inc., PHE (Texas) Inc. and PHE (Ohio) Inc., three exploration and production companies owned by Philip Hill Investment Trust, London. He was a Co-Founder of Republic Oil and Gas Corp., and served as its President from 1979 to 1983. He has 50 years of experience in the oil and gas industry. He worked for Mission Resources Corp. He worked for Humble Oil and Refining before joining Barnhart Co. in Houston. He worked for Montgomery Exploration Co., and Shawnee Oil and Gas Corp., before starting Pressler Petroleum Consultants, in 1985. He serves as Vice Chairman of Texas Alliance of Energy Producers and has been its Director since October 2011. He served as Vice Chairman of Adams Resources & Energy Inc. from March 2015 to September 7, 2017. He serves as Director of Alta Resources, L.L.C. and Bellwether. He has been a Director of Tepee Petroleum Company, Inc., since November 21, 1997. He has been a Director of Adams Resources & Energy Inc. since November 1, 2011. He served as a Director of Republic Oil and Gas Corp., from 1979 to 1983. From 1983 to 1985, he served as a Director of Philip Hill Energy Inc. Mr. Pressler is a registered professional engineer in the state of Texas. He holds a Bachelor's of Science Degree in Petroleum Engineering from the University of Texas at Austin in 1959.