EPL Names Steve Longon Chief Operating Officer
15 Luglio 2008 - 10:40PM
Business Wire
Energy Partners, Ltd. (�EPL�) (NYSE:EPL) announced today that Steve
Longon has been named Executive Vice President and Chief Operating
Officer. Mr. Longon will oversee all aspects of EPL�s operations,
including exploration, drilling and production, and will report
directly to Richard A. Bachmann, EPL�s Chairman and CEO. Mr. Longon
joined EPL as Senior Vice President of Drilling and Engineering in
July 2007, and was named its Senior Vice President of Drilling,
Engineering and Production in February 2008. In addition to setting
strategy and direction for the Company as a member of senior
management, Mr. Longon has been responsible for all aspects of the
Company�s drilling, engineering and production functions. Prior to
joining EPL, Mr. Longon was 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, commented, �Steve Longon�s 29
years of relevant experience in the GOM both on the Shelf and in
deepwater has brought significant breadth and depth of operational
knowledge to EPL. Steve is well respected in the industry and has
been an excellent addition to our management team. I expect Steve�s
proven leadership skills and versatile skill set will continue to
enhance the execution of our business strategy. Our Board of
Directors joins me in enthusiastically congratulating Steve on his
new appointment.� 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 U.S. 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 its Form 10-K for
the year ended December 31, 2007 and its Form 10-Q for the quarter
ended March 31, 2008 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 U.S. 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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