Moves and Promotions

PennWell, the leading information provider to the petroleum industry, announces the appointment of D. King Anderson as president of its PennPoint division. PennPoint is the new provider of well and production data for the energy industry.

Anderson, a petroleum industry veteran with over 25 years of experience, has led and managed start-up companies and turn-around situations, as well as established businesses. Anderson had a long career at Baker Oil Tools where he served in a number of engineering, marketing, research and executive positions, including vice president of North America operations, vice president of Eastern Hemisphere operations and vice president of research and development.

Prior to joining PennPoint, Anderson served as chief executive officer of Isotag, LLC, a molecular marker manufacturing company he co-founded.

In addition to his duties as president of PennPoint, Anderson will assume responsibility for MAPSearch, a Penn-Well company that will be consolidated into PennPoint. MAPSearch manufactures quality atlases, wall maps, custom maps and digital data for the energy industry, including pipelines, facilities and interconnect points. Anderson will be charged with growing PennPoint's database and mapping information services and establishing PennPoint as the leader in high quality information products.

PennWell is the publisher of the Oil & Gas Journal, the leading weekly publication for international news and technology for the petroleum industry. PennWell also recently formed an e-commerce energy site titled Oil & Gas Journal Exchange. Oil & Gas Journal Exchange is an Internet auction platform for the sale of oil and gas producing properties and will work closely with PennPoint to provide the historical well and production data used by buyers and sellers of oil properties.

PennWell acquired the license to the Dwights well and production data as a result of a consent order issued by the Federal Trade Commission following the merger between Petroleum Information Corp. and Dwights EnergyData Inc. PennPoint was formed to market and distribute the well and production data.

PennPoint provides well and production data for the most active petroleum areas of the United States, including Gulf Coast and Offshore, Gulf of Mexico, Permian Basin, Mid-continent, Rocky Mountains, West Coast and Alaska. The well and production data are completely integrated, updated daily, accessible on the Web and compatible with industry-standard applications.

PennWell Corp., headquartered in Tulsa, is a highly diversified global information provider serving a growing spectrum of strategic markets and industries. It publishes 38 business-to-business and technical magazines, as well as newsletters, market research, books, maps, directories, web sites, and other information products for the petroleum, electric power, computer, laser, electronics, communications, health and municipal markets. Penn-Well owns and conducts 42 conferences and exhibitions for the same markets. The company has major offices in Houston, the Boston area, California and London.

NetworkOil, Houston, Tex., has named J. Kevin Bartol chief operating officer.

Bartol, who will also be serving on the company's board of directors, is responsible for NetworkOil's strategic business plan. Bartol, an experienced entrepreneur and seasoned energy executive, has built a team of business development managers and a proactive customer service organization, both dedicated to enhancing the marketplace experience.

Before joining NetworkOil, Bartol founded Saint Arnold Brewing Co.

Prior to founding Saint Arnold, Bartol worked as an investment banker for eight years at Simmons and Co. International as vice president, advising oil service and equipment companies on financial issues. Bartol directed the firm's efforts for clients in the refining and petrochemical industry, and helped the company triple in size.

Bartol has also worked as an associate with McKinsey and Co. providing management consulting services to the energy industry, and with Exxon in their Synthetic Fuels Department as a project engineer.

David Tze has been named chief technology officer.

Tze is responsible for NetworkOil's e-commerce platform development and strategic technology partnerships. He secured NetworkOil's alliances with netmarket software leaders TRADEX Technologies and TradingDynamics and leading Internet development services firm, Luminant Worldwide.

Prior to joining NetworkOil, Tze developed web strategy and Internet applications for a wide range of clients, including AIG, Reuters, Domestic Bank and the Home Shopping Network. Additionally, Tze served as a strategist for Concrete Media, a leading New York City web development firm where he was responsible for developing Internet-based business and operations solutions for clients such as Lids, a leading online headwear retailer, and the Princeton Review, designing and developing a college application area on their site.

Before joining Concrete, Tze served in a variety of roles at The Buoyant Co., another New York-based web development firm, eventually rising to the position of general manager.

Members appointed to the board include Christopher N. O'Sullivan, chairman and founder of NetworkOil and president of O'Sullivan Oil & Gas Co.; J. Kent Sweezey, managing director and head of Donaldson, Lufkin & Jenrette's energy service practice; David Sikora, president and chief executive officer of Ventix Systems Inc., an Austin-based e-commerce infrastructure company; Daniel S. Parsley, partner, netmarkets with Computer Sciences Corp.; James D. Calaway, former president, chief operating officer and director of Edge Petroleum Corp.; Stephen F. Martin, chief executive officer of Network Oil; and J. Kevin Bartol, chief operating officer of NetworkOil.

Chris O'Sullivan, chairman of the board, established O'Sullivan Oil & Gas co. in 1987 and has more than 17 years experience in the energy industry. Two of the board members, Steve Martin and Kevin Bartol, represent NetworkOil's management team. Martin has worked exclusively in the Internet arena since 1995 when he founded Lynx Capital, an online trading firm. Martin sold Lynx in 1999 and subsequently served as a financial advisor to technology businesses, including a leading XML company and several e-commerce ventures.

NetworkOil is the premier, global Internet marketplace for petroleum services and new or used equipment. The electronic exchange provides a secure, neutral forum for conducting a variety of transactions, including requests for bid, auctions and reverse auctions. The NetworkOil management team and investor group is drawn from the oil and gas, e-commerce, technology and financial industries.

Westcoast Power Inc., Calgary, Alberta, Canada, has named Jeffry M. Myers president. Myers will have executive responsibility for all of Westcoast's operations and development activities in the power generation sector.

Prior to this appointment, Myers held the position of vice president, business development, with both Westcoast Energy Inc. and Westcoast Power Inc.

Grant Geophysical, Inc., Houston, Tex., has announced that Michael P. Keirnan has resigned from his post of vice president, chief financial officer and will depart from the company at the end of March. Thomas L. Easley will replace him in the capacity of executive vice president of finance and administration. Easley will be a key member of the management team and further assume responsibilities for finance, marketing, human resources and administration.

Prior to joining Grant, Easley held the position of chief financial officer of Boots & Coots Group. He previously has held senior financial management positions at International Well Control, DI Industries, Inc, Hunthnance International, Inc., Granada Group of Companies, Damson Oil Corp. and Touchs Ross & Co. Easley has 31 years of all facets of energy industry financial experience.

Grant Geophysical, Inc., and its subsidiaries and affiliates, is principally involved in the business of acquiring, processing and marketing 2-D and 3-D land seismic data. Such data are used by oil and gas companies in the exploration for new reserves, the development of existing reservoirs and the management of producing oil and gas fields and other specialized geophysical and production related services.