EPL Names Steve Longon as Senior Vice President - Drilling and Engineering
09 Luglio 2007 - 3:42PM
Business Wire
Energy Partners, Ltd. (�EPL� or the �Company�) (NYSE:EPL) announced
effective today that Steve Longon has joined EPL as Senior Vice
President - Drilling and Engineering. In addition to setting
strategy and direction for the Company as a member of senior
management, Mr. Longon will oversee all aspects of the Company�s
drilling and engineering functions and will report to Phillip A.
Gobe, EPL�s President and Chief Operating Officer. Mr. Longon was
most recently with Dominion Exploration & Production, Inc.
(�Dominion�) in its New Orleans office serving as General Manager
of Production and Operations, with responsibility for their
operations on the Shelf, in the deepwater Gulf of Mexico (�GOM�)
and onshore South Louisiana. During his earlier years with
Dominion, he played a key role in the integration and management of
substantial resource assets in the Arklatex area, South Texas and
the Texas Gulf Coast. Prior to his position with Dominion,
Mr.�Longon had served as manager in a variety of GOM operational
roles for Vastar Resources, Inc. From 1979 to 1993, Mr. Longon
worked for ARCO in positions of increasing responsibility,
primarily in the GOM and onshore Texas and south Louisiana. Mr.
Longon is a Summa Cum Laude graduate with a B.S. in Chemical
Engineering from the University of Southwestern Louisiana. Richard
A. Bachmann, EPL�s Chairman and CEO, remarked, �We are both excited
and fortunate to bring Steve into our senior management team, and
we anticipate that his extensive experience in the GOM both on the
Shelf and in deepwater, across a number of functions and roles,
will be a great asset to the Company. Steve�s proven leadership
skills are a welcome addition that will enhance the execution of
our business strategy. Additionally, he poses a versatile skill set
through his extensive knowledge of resource plays, adding
considerable depth to our management team.� Founded in 1998, EPL is
an independent oil and natural gas exploration and production
company based in New Orleans, Louisiana. The Company�s operations
are focused along the U.S. Gulf Coast, both onshore in south
Louisiana and offshore in the Gulf of Mexico. Forward-Looking
Statements This press release may contain forward-looking
information and statements regarding EPL. Any statements included
in this press release that address activities, events or
developments that EPL expects, believes or anticipates will or may
occur in the future are forward-looking statements. These include
statements regarding: reserve and production estimates; oil and
natural gas prices; the impact of derivative positions; production
expense estimates; cash flow estimates; future financial
performance; planned capital expenditures; and other matters that
are discussed in EPL's filings with the Securities and Exchange
Commission. These statements are based on current expectations and
projections about future events and involve known and unknown
risks, uncertainties, and other factors that may cause actual
results and performance to be materially different from any future
results or performance expressed or implied by these
forward-looking statements. Please refer to EPL's filings with the
SEC, including Form 10-K for the year ended December 31, 2006 and
Form 10-Q as of March 31, 2007, for a discussion of these risks.
Additional Information and Where to Find It. Security holders may
obtain information regarding the Company from EPL's website at
www.eplweb.com, from the Securities and Exchange Commission's
website at www.sec.gov, or by directing a request to: Energy
Partners, Ltd. 201 St. Charles Avenue, Suite 3400, New Orleans,
Louisiana 70170, Attn: Secretary, (504) 569-1875.
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