Case 1:03-cv-00178-CCM
Document 68-3
Filed 09/28/2006
Page 1 of 3
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IN THE UNITED STATES COURT OF FEDERAL CLAIMS
BENCHMARK RESOURCES
CORPORATION, a Colorado corporation; et al.,
Plaintiffs,
vs.
UNITED STATES,
)
No. 03-178L
------------------------------
Defendant.
)
) )
DEPOSITION OF DAROLD PROCTOR Phoenix, Arizona
February i 3 f 2006
10:08 a.m.
PREPARED FOR:
Elsie Kappler
PREPARED BY:
fj¡"'. ,,;,. ~~:: .
(Copy) .
driver and nix
COURT REPORTERS
365 E. CORONADO ROAD, SUITE 150 PHOENIX, ARiZONA 85004
George B. Finn III, RPR, CR AZ Certified Reporter No. 50330
(602) 266.6525
FAX (602) 266-4303 i -800-488-DEPO (3376)
ww.drjyt!mix.com
APP. III 600
Case 1:03-cv-00178-CCM
Document 68-3
Filed 09/28/2006
Page 2 of 3
65
1
couldn't sustain the litigation,
of the two.
Q.
or they gave it up, one
2
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4
Anyway,
they got out, they qui t.
Bu t you can't remember any of tho seal lega tions?
No,
A.
Q.
I can i t remember the speci f i c al lega tions .
5
6
7
How about the broad allegations,
not the specific
ones,
A.
what the gist of the case was?
They were just -- well, mainly the problem, one
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of the problems was the shareholders, when the oil
started down,
they had to blame somebody, but I don i t
10
remember.
Q.
I just can' t recall it, Elsie,
I'm sorry.
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12
So let's just back up and maybe you can refresh
my memory on how you got invol ved in the oil and gas
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market generally.
A.
Q.
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How what?
You got involved in the oil and gas, how you
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became invol ved in tha t wi th no background wha tsoever in
it.
A.
We 1 1,
you don't have to have a background to get
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involved, Elsie.
Q.
No, I understand.
I'm asking how you got
invol ved.
A.
Q.
Well,
I just had an interest in it.
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24
Did you ha ve any educa tion or background at all
in oil and gas?
A.
25
No,
I haven't.
APP. III 601
DRIVER NIX
(602) 266-6525
Case 1:03-cv-00178-CCM
Document 68-3
Filed 09/28/2006
Page 3 of 3
66
1
Q.
Did you have any background in engineering?
2 3
4
A.
Q.
No.
What about other mineral interests, coal, did you
have any background at all in tha t?
A.
Q.
5
6 7 8
No.
I'd like to go
to Benchmark i s tax returns that we
have marked as Exhibit 12.
Mr. Proctor, have tax returns been filed for each
and every year of Benchmark's existence?
A.
Q.
9
10
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As far as I know.
Now,
let me just ask a basic question.
for instance,
I f you
could turn,
to the return for 1989,
looks
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like it's about halfway through this bundle.
MR. MacKINLA Y :
14
You want to just show him
15
yours?
Q.
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BY MS. KAPPLER:
You will note on the face sheet
this document was filed in 1997.
A.
Q.
18
It was what now?
Filed in 1997.
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And I'll represent to you that
that's true for many of the tax returns here,
A.
Q.
in 1988
I don i t recall what was going on.
You don't know why Benchmark didn't report or
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file taxes for years and years?
Here's the 1986 tax return filed in 1997.
A.
25
I can't recall what happened there.
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APP. III 602
DRIVER NIX
(602) 266-6525