Exxel Energy appoints president, CEO

Exxel Energy Corp., Houston, has appointed Clifford V. Adams as the company's president and chief executive.

Aug. 14, 2006

By OGJ editors
HOUSTON, Aug. 14 -- Exxel Energy Corp., Houston, has appointed Clifford V. Adams as the company's president and chief executive.

Exxel's current Chairman, Chief Executive, and Pres. John R. Hislop will remain as chairman.

Adams brings to the position more than 20 years of experience in the upstream oil and natural gas industry, with a background of 14 years of investment banking in the energy sector, focusing on mergers and acquisitions and corporate finance.

Most recently Adams served as head of the global oil and gas group for Macquarie Securities (USA) Inc. Prior to that he held various senior investment banking positions with Banc of America Securities, Petrie Parkman & Co., and Energy Capital Solutions.

Before his career in investment banking, Adams worked for 8 years as a reservoir engineering consultant and in various capacities as a petroleum engineer for a medium-sized independent and a large oil and gas service company.