Foraco International SA
Mr. Hurtado has been Chairman of the Board of Adviser Drilling SA since its incorporation in 2005. Previously he was involved with the Coca-Cola Company for 31 years where he held several positions in Chile, Spain, Venezuela, and Norway. He retired as President of the Andean Division and Vice President of Coca-Cola Latin America in 2000. Since then he has been involved in several undertakings, including a concrete (ready mix cement) company, telecommunications and real estate. He also serves on the board of directors of a publicly held company (Embotelladora Andina S.A. one of the sixth largest Coca-Cola bottlers of the world), is Chairman of the Board of Stel S.A., a privately owned telecommunications company, is a member of the board of directors of CMPC Tissue S.A. a subsidiary of a large pulp and paper Chilean company and a member of the board of directors of Vendomática S.A., a privately owned vending company. He participates in the ownership and management of a private investment fund, Fondo de Inversión Privado Yerbas Buenas. Mr. Hurtado is a Chilean citizen and a holds a degree in Civil Industrial Engineering from the University of Chile.
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Foraco International SA
Foraco International S.A. is a France-based company engaged in the mining, geological and hydraulic drilling sectors. The Company's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The Company operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy industry during the exploration, development and production phases of mining projects. The Water segment covers all activities linked to the construction of water wells leading to the supply of drinking water, the collection of mineral water, as well as the control, maintenance and renovation of the existing installations. The Water segment also includes drilling services offered to the environmental and construction industry, such as geological exploration and geotechnical drilling.