Harm De Boer - Page 4

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          Petroleum, and such construction companies as Morrison Knudsen              
          Corp. and Green Construction Co.                                            
               Petitioner had no employment other than the operation of his           
          drilling business during 1978 through 1981.  Over a 3-year                  
          period, 1979 through 1981, petitioner earned approximately                  
          $300,000 in revenues from his drilling business.  Because of the            
          short construction season and long Alaskan winter, petitioner's             
          revenues were earned during a 1- to 2-month period in each of               
          those years.                                                                
               In September 1981, petitioner moved from Alaska to                     
          Stavanger, Norway, to accept employment as a drilling engineer              
          for Mobil Oil Co. on the North Sea.  Petitioner continued to work           
          overseas as a Mobil employee until May 1985.  From 1981 through             
          1984, petitioner returned to Alaska 4 to 6 weeks each year;                 
          during these visits he worked on his drill rig and corresponded             
          with potential clients.  With the exception of a 1-week rental of           
          the drill rig in 1982, petitioner received no revenue from De               
          Boer Drilling Co. while he was employed by Mobil.                           
          The Second Drill Rig                                                        
               In May 1985, soon after completing his employment with                 
          Mobil, petitioner returned to Alaska.  In June 1985, petitioner             
          purchased at auction, for $50,000, another used drill rig that              
          had an original list price of $650,000, and the capacity to drill           







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