TOREADOR ROYALTY CORP

Toreador Resources was formerly the Toreador Royalty Corporation. A reputable, old-line mineral and royalty company, Toreador Royalty was incorporated and listed on the National Market System and the London Stock Exchange in 1951. Initial properties were derived from one of Texas' great cattle ranches, the Matador Land & Cattle Company, founded in 1882 by Scottish investors who had assembled about one million acres of land in the Texas Panhandle and West Texas. When this property was sold in 1951, Toreador Royalty was formed and assigned 50% of the mineral rights under the ranch acreage. Later, the company acquired an additional 25% of the mineral rights under several original ranch ( www.toreador.net )