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Dr. Bruce S. Appelbaum Elected Vice President of Texaco Inc.


Business Editors

WHITE PLAINS, NY--(BUSINESS WIRE)--Feb. 29, 2000

Dr. Bruce S. Appelbaum has been elected Vice President of Texaco Inc. and appointed President of Worldwide Exploration and New Ventures, effective March 1, 2000, it was announced today by Texaco Chairman and Chief Executive Officer Peter I. Bijur. Appelbaum will continue to be responsible for finding and securing upstream resources through worldwide exploration, new ventures and acquisitions.

Commenting on the appointment, Bijur said, "One of the key elements of Texaco's business strategy is to carry out a highly focused exploration program designed to add high impact oil and gas reserves to our company's portfolio of upstream assets. Bruce has demonstrated his ability to lead Texaco's talented exploration team to outstanding achievements, most recently, with the billion barrel Agbami discovery offshore Nigeria. His exceptional level of exploration knowledge and experience, as well as his strong grasp of global business issues, make him ideally suited to lead our quest to successfully achieve this essential element of Texaco's strategic plan."

Appelbaum was graduated from the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state.  at Buffalo with a bachelor of arts degree in geology in 1969. He earned a master of science degree in geological oceanography oceanography, study of the seas and oceans. The major divisions of oceanography include the geological study of the ocean floor (see plate tectonics) and features; physical oceanography, which is concerned with the physical attributes of the ocean water, such as  in 1971 and a doctorate in geological oceanography in 1974, both from Texas A&M University.

Appelbaum joined Texaco in 1990 as Division Manager of Texaco U.S.A.'s Offshore Exploration Division in New Orleans, with responsibility for offshore exploration in the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
. In 1993, he was named Division Manager of the Offshore Division with responsibility for offshore exploration and production in the Gulf of Mexico. Prior to joining Texaco, Appelbaum held domestic and international exploration positions with independent oil and gas companies, including Domestic Exploration Manager for SEDCO SEDCO Schuylkill Economic Development Corporation (Pottsville, Pennsylvania, USA)
SEDCO Southern Engineering Development Corporation
 Energy and Division Exploration Manager for Union Pacific Resources.

Appelbaum was named President - International Exploration for Texaco's Exploration and Production Division in 1996. Following a reorganization of Texaco's worldwide upstream operations, he was appointed Vice President of Worldwide Exploration on January 1, 1999.

Appelbaum is currently serving on the Advisory Board of the School of Earth Sciences at Stanford University and is Chairman of the American Geological Institute The American Geological Institute (AGI) is a nonprofit federation of 44 geoscientific and professional associations. Together, these organizations represent more than 100,000 geologists, geophysicists, and other earth scientists.

The AGI was founded in 1948.
 Foundation. He also serves on the Board of Directors for Child Advocates in Houston, Spindletop International, and the Houston Museum of Natural Science The Houston Museum of Natural Science is a science museum located on the northern border of Hermann Park in Houston, Texas, USA. The museum was established in 1909 by the Houston Museum and Scientific Society . He has previously served as Chairman of the Executive Committee on Exploration of the American Petroleum Institute The American Petroleum Institute, commonly referred to as API, is the main U.S. trade association for the oil and natural gas industry, representing about 400 corporations involved in production, refinement, distribution, and many other aspects of the industry. , Industrial Liaison Committee of the American Association of Petroleum Geologists The American Association of Petroleum Geologists (or AAPG) is one of the world's largest professional geological societies with over 31,000 members as of 2007. The AAPG works to advance the science of geology (especially in regard to exploration for and production of , and Vice Chairman of the Offshore Operators Committee.

Appelbaum will continue to be located in Houston.
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Publication:Business Wire
Date:Feb 29, 2000
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