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The Oredigger Issue 14 - January 16, 2008

The Oredigger Issue 14 - January 16, 2008

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Published by The Oredigger
The Oredigger Volume 88, Issue 14
The Oredigger Volume 88, Issue 14

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Published by: The Oredigger on Apr 24, 2009
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The Voice of the Colorado School of Mines, a Superior Education in Applied Science and Engineering
Volume 88, Issue 14January 16, 2008
News - 2Features - 5Lifestyle - 10Opinion - 12Fools Gold - 14
In late 2005, Colorado School of Mines alumnus Timothy Marquezand spouse Bernadette madeschool history when theypledged $10 million for theconstruction of a new petro-leum engineering building. The story behind Marquez,however, is as monumental asthe contribution itself. Born inDenver, Marquez graduatedin 1980 with a Bachelor of Science in Petroleum Engi-neering. After working for 13years at Unocal, a petroleumengineering and marketingcompany that was absorbedby Chevron in 2005, Marquezbecame disenchanted withthe company’s direction.“Unocal started to becomea dying company [with] nota lot of vision and not a lotof direction,” said Marquez.“One of my biggest beefs atUnocal was that they wentaround saying ‘people arethe greatest assets,’ but atthe end of the day they treatedeverybody like a widget. Peopleare important; good people adda tremendous amount of value.”In 1992, Marquez started whatwould become the fastest growingprivate oil company for two years ina row. “I hadn’t even thought aboutgetting rich. I just wanted to do it abetter way,” said Marquez. “I had a
little ofce and was paying $75 per
month in rent.” With only $3,000to start his company, Venoco Inc.,
Marquez spent much of the rst two
years trying to make deals. “In 1994,
we got our rst deal from Mitchell
Energy, what used to be one of thebigger independents in the US. Wealways like to say that we boughtout Mitchell Energy’s entire assetsWest of the Rockies, which is true,but that amounted to a 55% inter-
Building a billion dollar business
 A story of success from one of Mines’s most notable alumni
Zach Aman
est in a 180 barrel-per-day eld. To
be honest, it was so small that theydidn’t even know they owned it.”“We offered $150,000 for thisproperty and, when I went toHouston to negotiate the deal, the
rst thing out of the Vice President’s
mouth was, ‘we weren’t sure if youroffer included the house that’s onthe property.’ I said, ‘yes sir’ andthat was great because we got ahouse worth $200,000. You couldalmost say we bought a house and
got an oil eld thrown in for free.”
Marquez noted that his personal
philosophy is to search for protable
acquisitions that don’t necessarilymake economic sense for larger oilcompanies. Venoco’s leadershipalso searched for ways to improve
the eld operation. “This particular
property was being operated very
poorly,” said Marquez. “We gured
out a better pump that could runall the way down and, within a
year, we doubled eld production
and turned our $150,000 invest-ment into something that was
cash-owing about $150,000 or
$200,000 a month.” From there, Venoco used “sweat equity” toacquire new fields and expandoperation. Marquez explained that
 Venoco acquired its third eld for
100% debt and did not requireequity in the deal. “For many years,we just grew by increasing valueon properties, being able to bor-row more against them and makeanother acquisition,” he added.On June 20, 1998, Venococlosed a deal with Enron. “At thetime, it seemed like a good deal,”Marquez explained. “Enron, back then, was seen like the ‘GoodHousekeeping’ seal of approval.If you got Enron to invest in yourcompany, you were seen as be-ing a quality company.” Enroninvested approximately $60 mil-lion – one quarter of the company.
Brick by Brick:
Tim Marquez built his company one acquisi-tion at a time, surviving an attempted takeover by goliath Enron.
see “venoco” pg. 5
Students talk textbookswith state legislators
 Associated Students of Colorado, Sen-ator Tupa, and Representative Kefalasannounce relief from pricey textbooks
Associated Students of Colorado
 The Associated Students of Colorado (ASC) hosted a round-table discussion Thursday at the Tivoli Student Center on the Au-raria Campus with Senator Ron Tupa (D-Boulder), RepresentativeJohn Kefalas (D-Fort Collins) andstudents from around the stateto discuss the crippling priceof textbooks. Dur-ing the discussion, ASC leadership pre-sented thousandsof handwritten let-ters they have col-lected statewidefrom students asking for relief. Tupa and Kefalas had an an-swer: a bill they will introduce thisspring to ease textbook prices.“We have heard from studentsin our districts and around thestate,” said Senator Tupa. “It’sclear the cost of textbooks isaffecting college access and af-fordability.” During the discussion,which was hosted on one of thebusiest textbook ‘buy-back’ daysof the year, students related theirpersonal experiences with ex-pensive books. “I routinely spendover $500 a semester,” said KatieGleeson from Colorado State Uni-versity, “and many other studentsspend much more.” Besides pricealone, students also pointed outother unnecessary practices of the textbook publishers. “Most of my books now have a CD-ROMor a workbook shrink-wrappedalong with it, which the professorsnever ask us to use and I almostnever do,” related Robert Vincent,a senior from the University of Northern Colorado. The ASC has
identied such “bundling” prac
-tices as a major cost driver result-ing in overpriced textbooks. The proposed legislationwould require publishersto offer “unbundled” booksalongside the bundles, giv-ing students more options.It also requires publishers toprovide faculty with muchmore information about thebooks they assign. “A big partof the problem is that studentsaren’t making the purchasingdecision in the textbook mar-ket; the teachers are,” said MasonSmith, ASC External Affairs Direc-tor and senior at the University of Colorado, who organized the event.“We have to get more informationabout textbooks into their hands sothey can be more informed whenmaking assignment decisions.” The ASC has been buildingsupport for their effort on cam-puses this fall throughout the state,resulting in over athousand lettersfrom students ask-ing their state rep-resentatives to takeaction. ASC Chair-man Blake Gibson, asophomore at CSU,was pleasantly surprised by theresponse from students. “Assoon as we gave them an op-portunity to do something aboutit, students were eager to take ac-tion. They realize that for too long,
publishers’ prots have been pro
-tected at the expense of students.” As part of their campaign, the ASC has reached out to faculty,campus administrators, and book-store managers, who have alsobeen supportive. The disclosurerules of the proposed bill would pro-vide faculty with considerably moreinformation to make decisions.
“We sometimes get ack from stu
-dents,” said Gerri Kuna, manager of the UNC bookstore, “even thoughwe actually agree with them andsupport students in these efforts.” The legislation that Tupa andKefalas announced mirror legis-lation passed in states such asConnecticut, Oregon, Washington,and Minnesota. “It’s very importantto have a strong student voiceat the Capitol, and the studentshave spoken,” said RepresentativeKefalas. “High textbook prices areplacing a college education out of reach for many students. Makingcollege textbooks more afford-able makes a college educationmore affordable, which is good forstudents and good for Colorado.”“Ultimately, we want to cre-ate a vibrant, student-centeredtextbook market,” concludedSmith, “and we think our work this year, as part of a national ef-fort, is a great start toward savingmoney for Colorado students.”
 “High textbook pricesare placing a collegeeducation out of reachfor many students.” 
City of Golden officials sworn in
Passing the Torch:
(Clockwise from left)
Newly elected District 1 Councilor Marjorie Sloan (withhusband Dendy Sloan), Mayor Jacob Smith, and reelected District 2 Councilor Karen Oxman(with husband and grandchildren Quinn, Clair, and Ava Osmun) are sworn in as former Mayor Charles Baroch and former District 1 Councilor Lynne Timpeiro take their seats for the last time.
-New BoT Members (Pg. 2)-MEP Organizations (Pg. 6)-Top Albums of 2007 (Pg. 10)-Comics (Pgs. 12, 14, 15)
January 16, 2008
Page 2
Emily Trudell,
Staff Writer 
BRAZIL - Brazilian citi-zens lined up for vaccinations
for yellow fever after ofcials
confirmed that there havebeen at least twelve casesof the disease in past weeks. Yellow fever is transmittedfrom infected mosquitoes,and Brazilians fear that this
might be the start of the rst
urban outbreak since 1942.NIGERIA – Arguments inNigerian courts against threemajor tobacco companieshave adjourned until March. The government has accusedthe companies of promotingtobacco use among teens, andhopes to follow in the footstepsof the American government,which settled out of court forbillions of dollars in the 1990’s.INDIA – A rat infestationhas caused farmers in north-ern India to lose an estimated40,000 tons of rice. Thoughthe rats were drawn to the areadue to the blooming bamboo
owers, the infestation has also
depleted crops of chili, ba-nanas, pumpkin, watermelon,and papaya, in addition to thedestruction of the rice crops.NEW ZEALAND – After astrenuous 2050 mile journey bykayak, two Australian adven-turers landed ashore on NewZealand’s western shore after62 days out on the TasmanianSea. Though rough winds andtides endangered the dar-ing stunt, the two men wereboth able to make it safelyto shore, and were greetedby over 2,000 New Zealand-ers and native Maori people.CHINA- Due to rapidexpansion, China’s exportshave recently expandedto surpass imports by astaggering 48 percent. De-spite recent scares fromunsafe products, Chinahas increased its tradesurplus with the UnitedStates by 19 percent.
Oredigger Staff 
Zach Aman
Hilary Brown
 Asst. Editor-in-Chief 
Sara Post
Copy Editor 
Andrew Aschenbrenner 
Opinion Editor 
Josh Elliott
Business Manager 
Cericia Martinez
Prospector Editor 
Richard Walker 
Meave Hamm
Lead Prospector Photographer 
Ryan Browne
 Asst. Business Manager 
Abdullah Ahmed
 Asst. Business Manager 
Mike Stone
Fool’s Gold Editor 
Jason Fish
Content Manager 
Kevin Duffy
Content Manager 
Lily Giddings
Content Manager 
Matthew Pusard
Content Manager 
David Frossard
Faculty Advisor 
This week at
• Professor Tracy Camp is mentioned in theRocky Mountain News and Denver Post afterreceiving the Outstanding Faculty Awardfrom the CSM Board of Trustees.• Arthur Sacks ocially leaves his post asAssociate Vice President for Academic andFaculty Aairs.• Multiple news organizations mention ChadFriehauf’s return to CSM after he led thefootball team to its rst conference title since1958.• CSM received accolades in the Denver Busi
ness Journal as the only institution of highereducation in Colorado to have more interna
tional students enrolled in the current yearthan before 9/11.• Mines received $81,500 in support of its K-12program “Mobile Science Show.” • Mines received $2.5 million from StephenBechtel, Jr., to work on a new elementaryeducation program for math and science.• Mines received $984,000 for its ColoradoCenter for Sustainable Energy.• Assistant Professor Tina Gianquitto receivesa one-year National Endowment for the Hu
manities Fellowship.• Two new members join the CSM Board of Trustees: Vicki Cowart and James Spaanstra.
Pakistani candidateassassinated
Emily Trudell
Staff Writer 
When Benazir Bhutto, the
rst female leader of a Muslim
nation, former Pakistani Primeminister, and lead candidatefor the Pakistan People’s Party(PPP), was assassinated on De-cember 27, 2007, the nationmourned the leader who helped topioneer democracy in the nation.Bhuttowas born intoan importantpolitical fam-ily; her fatherwas electedPrime Minis-ter of Paki-stan in 1977,but wasoverthrownand arrestedlater thatyear. Bhutto herself was arrest-ed on numerous occasions forresisting the military dictator-ships and corruption, includingmultiple periods of imprison-ment in government prisons.In a nation plagued by ex-tremist influence, Bhutto wasa strong voice of democracy.She worked to improve condi-tions of hunger and poverty inPakistan, while modernizing thenation, and initiated a campaignagainst corruption in the govern-ment. She was elected to beone of the co-chairwomen of thePPP beside her mother in 1988,serving as one of the young-est world leaders of the time.Bhutto was elected twice tolead the Muslim nuclear power,serving as Prime Minister from1988 to1990 and again in 1993to 1996. She was removed from
ofce both in 1990 and in 1996
under suspicion of corruption.Bhutto then went into a self-imposed exile from the nationin 1998, returning in October2007 upon receiving amnestyfrom President Pervez Musharraf.It is be-lieved thatBhutto wasassassi-nated byal-Qaeda-linked ex-tremists, asshe had re-ceived mul-tiple threatsfrom Islamicradicalsupon returning to Pakistan this fall. The United States govern-ment saw Bhutto as an invalu-able ally for spreading democ-racy to the Middle East, andin fighting the war on terror. After word of her death, the
streets of Pakistan lled with mobs
and riots, as the people grieved forthe beloved leader of democracy.Without Bhutto’s strong demo-
cratic inuence, many fear that the
nation will fall into extremist hands. At the time of her death, Bhuttowas the leading opposition can-didate for the 2008 Pakistanielections, which were scheduledfor next week, but have beenpostponed until mid-February.
 “After word of her death,the streets of Pakistanlled with mobs and riots,as the people grieved forthe beloved leader of de
Page 3
January 16, 2008
Chief of Police Keith Turney isno stranger to campus security:before coming to the ColoradoSchool of Mines he worked atColorado State University in FortCollins for 23years. Tur-ney came toCSM in lateOctober,and is cur-rently evalu-ating thePublic Safetyprogram andtrying to helpthe depart-ment be-come more community-oriented.“We want to be sure that stu-dents are comfortable seeing the
ofcers on campus, like the dorms
and the student center,” said Tur-ney. He hopes that as studentsbecome more accustomed to the
ofcers, students will make moreof an effort to let ofcers know
about problems on campus.Not that he feels that Mines is aproblem campus; since it is small-er than the last school he worked
New police chief joins ColoradoSchool of Mines Public Safety
Lily Giddings
Content Manager 
at, Turney said, “Mines has itsown challenges, but for the mostpart I don’t see as many problemsin terms of drugs and alcohol.”In terms of enforcing publicsafety on campus, Turney com-mented, “Campus law enforce-ment is different from the citypolice. Weare hereto addressstudentproblems;it’s differentthan city lawenforcementbecause wehave a smallrange of ages, mostpeople are18-24, except the graduate stu-dents. So we see more of somekinds of crimes and we see lessof others than the city does.” Turney enjoys the atmosphereat Mines, saying, “It’s like onecollege inside of CSU. The stu-dents are so focused on whatthey do academically.” He’salso impressed with studentsthat participate in extra cur-ricular activities that have noconnection with their major.
 “Turney came to CSM in lateOctober, and is currentlyevaluating the Public Safetyprogram, and trying to helpthe department become morecommunity-oriented.” 
Golden, Colo. — Jan. 2, 2008— The long-time City Attorneyfor the cities of Golden, Lafayetteand Sheridan, Jim Windholz, 65,president of Boulder-based Wind-holz & Associates law firm, diedof a heart attack Jan. 1. Windholzwas in California to attend thefuneral of his sister, Mary BethLind, who died on Christmas Day.Windholz had been appointedand served as the City Attorney inGolden since January 1990, in Lafay-ette since May 2004 and in Sheridan
since October 2002. His rm wrote
the Charter that made Sheridan ahome-rule city. Other public agen-cies his firm currently representsinclude theEstes Park Ur-ban Renewal Authority andthe Scientificand CulturalFacilities Dis-trict (SCFD).In his role asCity Attorney,Windholz ad-vised the CityCouncils heserved on legal issues pertaining totheir duties and functions, attendedCouncil meetings, handled litigation,and drafted ordinances, resolutionsand contracts. Windholz advisedall three cities’ Councils on many
signicant legal issues and led them
through many legal cases. He was
City Attorney of Golden, Lafayette,Sheridan Died New Year’s Day
Press Release
City of Golden
particularly well versed in Colorado’surban renewal law, and all three of the cities he has served saw notableurban renewal during his tenure.“Jim had a winning record incourt that would make any footballcoach jealous,” said Golden CityManager Mike Bestor. “He ledGolden to victory time and time
again in many difcult cases, some
of which have set legal precedentin the State of Colorado. He willbe remembered for his wisdom,honesty and integrity. To say he’ll besorely missed is an understatement.”Sheridan Mayor Mary Carterworked with Windholz in writing thecity’s home rule charter beginningin December 2001 and presidedover the Council that hired him asCity Attorney in October 2002.“He’s been absolutely invaluableto our city asfar as the ur-ban renewalwe are do-ing,” Cartersaid. “He’sbeen an in-tegral part of our city forabout sev-en or eightyears. Hisloss is goingto be sorely felt by all of us. Severalof us on Council are personal friendswith him. This has been a very sud-den blow to us, to say the least.”Under Jim’s direction, Windholz& Associates assisted Lafayettethrough the process of updatingsections of the City’s MunicipalCharter, organizing a special elec-tion in February 2007, and thesuccessful negotiation of severaleconomic development agreements.“Jim was a dynamic and intelli-gent advisor to the City whose input,guidance and personal charm willbe greatly missed,” said LafayetteCity Administrator Gary Klaphake.He is survived by Martha “Dru”Dunham; his mother Alice Wind-holz; brothers Frank Windholz andKen Windholz; sons Eric Windholzand Grant Windholz; daughter AmyLawrence; and four grandchildren.Memorial arrangements will be an-
nounced when they are nalized.
Dave Williamson and WilliamHayashi are his associates, and willcontinue to operate the Windholz
& Associates law rm in Boulder.
Golden City Council is scheduledto consider a resolution Jan. 10 toappoint Dave Williamson of Windholz& Associates as Acting City Attorney.Lafayette City Administrator GaryKlaphake will also recommend thatWilliamson be appointed as ActingCity Attorney at its Jan. 8 City Coun-cil meeting. Sheridan City Council’sagreement is with the Windholz & 
 Associates law rm, and therefore
Sheridan will continue to use thefirm’s services as City Attorney.
 “Windholz had been ap-pointed and served as theCity Attorney in Golden sinceJune 1990, in Lafayette sinceMay 2004 and in Sheridansince October 2002.” 
Mines celebrates Martin Luther King Jr. Day
Press Release
Colorado School of Mines
Members of the community areinvited to join Colorado Schoolof Mines students, staff and fac-ulty in celebrating the life of Dr.Martin Luther King Jr. on Jan.21 from 5:15 to 7 p.m. in theGreen Center, 924 16 th St., onthe Mines campus in Golden. The event is sponsored by thePresident’s Diversity Committee.“Diversity provides broad ap-preciation of different cultures, rec-ognizes the changing demograph-ics of tomorrow’s leaders, andprovides a learning environmentfor our students more indicative of the world they’ll live in,” said MinesPresident M.W. “Bill” Scoggins. Attendees will enjoy a free meal,student poetry, entertainmentand a presentation by multipleservice organiza-tions throughoutthe Denver area.Reverb andthe Verse, a pro-gressive hip-hopgroup, will offerstimulating mu-sic while citizensand studentsexplore differentservice options.“We are veryexcited to be apart of this inspi-rational event,”said Jahi Sim-bai, lead vocalistof Reverb andthe Verse andMines directorof graduate re-cruiting and ad-missions. “I hopethe Mines andGolden com-munities enjoy the event andare motivated to join organiza-tions that help those in need.”For additional information,
please contact the Ofce of Stu
-dent Activities at 303-273-3234.

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