Energy Players

Terry W. Rathert, a Newfield Exploration Co. founder and the executive vice president and CFO, will retire in 2014, after more than 25 years with the company. Newfield's Board of Directors intends to appoint Lawrence S. Massaro to succeed Rathert as executive vice president and CFO effective November 11, 2013. Rathert will serve as special advisor through August 2014, assisting during this transitional period. Massaro has been a member of Newfield's management team since March 2011 as vice president, corporate development. Prior to joining Newfield, he was a managing director at JP Morgan in its oil and gas investment banking group. He has held a number of management and professional positions at various companies including Amerada Hess and British Petroleum. He holds a petroleum engineering degree from Texas A&M University and a master of business administration from Southern Methodist University.

Harel Joins Opportune as Managing Director

Yanic Harel has joined Opportune LLP as a managing director in the firm's Energy Process and Technology practice. Harel brings over 25 years of energy experience to Opportune where his principal focus will be in the strategy, architecture, design and implementation of ERP and packaged software solutions including system integration and reporting strategies. Prior to joining Opportune, Harel was a managing director for Sirius Solutions. Harel was a partner in Accenture's Energy Practice, prior to joining Sirius Solutions. He holds bachelor degrees in finance and accounting from Louisiana State University and is a Certified Public Accountant.

GE EFS Names Nason President, CEO

GE Capital has named David Nason, currently senior vice president and global regulatory management and compliance officer, to the position of president and CEO of GE Energy Financial Services, the company's energy investing unit. Nason succeeds Alex Urquhart who is retiring after a 32-year GE career that included 10 years building GE Energy Financial Services into a business with approximately $18 billion in energy assets. Nason joined GE in 2010 in a newly created role, leading the global regulatory and compliance team based at GE Capital's headquarters in Norwalk, CT. He has more than 16 years of financial services and regulatory experience in senior government and private sector roles. Prior to joining GE, Nason served as managing director at Promontory Financial Group, counseling corporations and government entities in corporate governance, risk and financial controls, M&A and regulatory requirements. Previously, Nason served as the assistant secretary for Financial Institutions at the US Department of the Treasury and as a counsel to a commissioner at the Securities and Exchange Commission. From 1996 to 2002, he was an associate at Covington & Burling LLP. He received his law degree from the Washington College of Law at The American University and earned his bachelor's degree in finance from The American University in Washington, DC.

Boren Named VP at Bosque Systems

Bosque Systems, an oil and gas fluids management service company, has named Phillip Boren vice president of operations. Boren joined Bosque Systems in November 2012. Boren holds a bachelor's degree in geology from Abilene Christian University and has over 27 years of operations and management experience in the oil and gas industry. Prior to joining Bosque Systems, Boren was region vice president of operations for the MidCon Region for Select Energy Services and he has also served as the MidCon Region vice president of operations for Basic Energy Services and CEO for ProPetro Services.

Baker Institute Names Wallace S. Wilson Fellow

Jim Krane, a scholar of Middle East politics and economics and an award-winning journalist, has been named the Wallace S. Wilson Fellow for Energy Studies at Rice University's Baker Institute for Public Policy. Krane recently submitted his doctoral dissertation on the interplay of energy subsidies and political stability in the Persian Gulf at the University of Cambridge's Judge Business School. At the Baker Institute, he will expand on this theme, focusing on topics including growing challenges of domestic energy demand in the Gulf producer states as well as the region's carbon dioxide emissions and investments into renewable energy. And his research will analyze the effects of rising US energy production on economies dominated by oil and gas exports. Krane's appointment marks an expansion of the institute's Center for Energy Studies (CES), which was founded in October 2012 and provides policymakers, corporate leaders and the public with quality, data-driven analysis of issues that influence energy markets. Krane will work with Kenneth Medlock, the James A. Baker III and Susan G. Baker Fellow in Energy and Resource Economics and senior director of CES. Krane remains a member of the University of Cambridge Energy Policy Research Group. He holds a Master of Philosophy degree in technology policy from Cambridge University's Judge Business School and a master's degree in international affairs from Columbia University.

Occidental Promotes Hollub

Occidental Petroleum Corp. has elected Vicki A. Hollub as a vice president of Occidental Petroleum and executive vice president — US Operations, Oxy Oil and Gas. Hollub heads the company's domestic operations. She previously served as executive vice president, California Operations, from 2012 to 2013, and as a president and general manager in the Permian operations from 2011 to 2012. She began working at Oxy Permian in 2007, serving as operations manager from 2009 to 2011. From 2000 to 2003, she led geoscience and engineering efforts at Occidental's Hugoton properties, and from 2004 to 2007, she led a team of geoscientists, engineers and others engaged in developing the company's Midcontinent business unit. She holds a bachelor's degree in Mineral Engineering from the University of Alabama.

Henrickson Takes on COO Role at AquaMost

AquaMost Inc. has appointed Mark Henrickson as chief operating officer. Henrickson, who has served as the company's CFO since March 2012, will continue to head up the company's financial management strategy in addition to now also leading the organization's day-to-day manufacturing operations. Prior to joining AquaMost, Henrickson served as director of finance for Broadwind Energy Inc., a supply-chain manufacturer and service provider for the wind industry. Earlier in his career, Henrickson was an equity research analyst at Robert W. Baird & Co; he began his career at Deloitte, serving clients in the manufacturing and financial service industries. AquaMost Inc., a privately held corporation based in Madison, Wisconsin, is the developer of water treatment systems that kill bacteria without the addition of chemicals. The company's patented SX Reactor platform is designed specifically for the oil and gas industry.

ROVOP Appoints Finance Director

Subsea specialist ROVOP has appointed Alan Shanks as a finance director. He joins the management team at the independent company which focuses exclusively on providing remotely operated vehicle (ROV) services for the oil and gas and offshore wind markets. Shanks has also joined the company's board of directors. He previously served as financial director for subsea oil and gas group, Harkand ISS. Prior to joining ISS, Shanks served as head of corporate finance and advisory services at chartered accountants Hall Morrice where he established a new corporate finance service offering. He was previously assistant director of corporate finance at Ernst & Young.

Diamond Offshore CEO Plans Retirement

Longtime Diamond Offshore Drilling Inc. executive, Lawrence R. Dickerson, plans to retire after more than 30 years of service. Dickerson, president and CEO of the contract drilling services provider, will remain CEO until his successor joins the company, which is expected by March 31, 2014. Russell Reynolds Associates has been retained to assist in the search. Dickerson has served at the company for 34 years, 15 of which he spent as president.

KBR Names New CFO

KBR has named Brian K. Ferraioli to serve as the company's executive vice president and CFO. Ferraioli brings 34 years of financial and accounting experience specifically in the engineering and construction industry to his role at KBR. He was previously the executive vice president and CFO for six years at The Shaw Group in Baton Rouge, La. Before joining Shaw, Ferraioli served in numerous roles at Foster Wheeler AG in Clinton, NJ. Currently, Ferraioli also serves on the board of directors for The Babcock & Wilcox Co. in Charlotte, NC, and Adolfson & Peterson Construction in Minneapolis, MN. Ferraioli has a bachelor's degree in accounting from Seton Hall University and a Masters in Business Administration with honors from Columbia University. KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, power, industrial, civil infrastructure, minerals, government services and commercial markets.

PetroFrontier's CEO Retires

Paul Bennett, president and CEO of PetroFrontier Corp., has retired. Bennett, who has served the corporation since its inception in early 2009, will also be leaving his position on the company's Board of Directors, but has agreed to consult to PetroFrontier until June 30, 2014. Earl Scott, the company's chief operating officer, has been promoted to president and CEO effective upon Bennett's retirement. Scott will also join the Board of Directors. Scott, a professional engineer, has been with PetroFrontier since February 2012 and until its recent closing, headed the corporation's operating office in Adelaide, Australia. PetroFrontier also announces in conjunction with these management changes that it has granted an aggregate of 3,920,000 stock options to officers, directors and employees, subject to regulatory and TSX Venture Exchange approval. These options are all exercisable at a price of $0.18 per share, vest as to one third (1/3) on the date of grant, one third (1/3) on each of the first and second anniversaries of the date of grant and expire five years after the date of grant. Following this grant, PetroFrontier Corp. will have 7,925,834 outstanding Options representing 9.9% of its issued and outstanding common share capital. Subject to regulatory approval, Scott has agreed to purchase 200,000 common shares of the corporation at a price of $0.18 per share. Pursuant to applicable securities legislation, these common shares are subject to a four month hold period.

Morrison & Foerster Adds CFTC Veteran

Morrison & Foerster has added Julian E. Hammar to the firm's Energy and Financial Service Regulatory Practices in Washington, D.C. With more than a decade of experience as assistant general counsel at the Commodity Futures Trading Commission (CFTC), Hammar brings extensive knowledge regarding Dodd-Frank compliance, the Commodity Exchange Act, and CFTC regulatory enforcement to the firm's energy and financial services clients. His practice focuses on futures, derivatives and commodities, energy regulatory compliance and enforcement, corporate and securities matters. Hammar joined the firm from Covington & Burling, where he was special counsel. Hammar earned his JD from Duke University School of Law, his MA from Duke University and his BA from Yale University, cum laude. Associate Michael R. Sorrell, Jr., who has represented derivatives and energy clients in enforcement proceedings brought by the CFTC and Federal Energy Regulatory Commission (FERC), has also joined Morrison & Foerster from Covington.

Former Citi banker Joins Capital One

George Revock, a former director at Citi in New York, has joined Capital One as managing director and head of alternative energy and project finance. Revock joined Citi's asset finance group in 2000 following his service as a senior manager at Deloitte.

Sabine Promotes Levesque to COO

Sabine Oil & Gas LLC has promoted Todd Levesque to chief operating officer. Levesque previously served as Sabine's senior vice president of Engineering & Development. Levesque is a veteran of the energy industry with over 21 years of experience. Prior to joining Sabine, he held senior level management positions with Devon/Ocean Energy, Burlington Resources, and Amerada Hess. He earned a bachelor's degree in Petroleum Engineering from Texas A&M University.

Chevron Makes Senior Leadership Appointments

Chevron Corp. has made three key appointments to its executive team and will realign its existing technology and services organizations. Effective Jan. 1, 2014, Jay Johnson becomes senior vice president, Upstream, and Joe Geagea becomes senior vice president, Technology, Projects and Services. Also effective Jan. 1, Pierre Breber becomes corporate vice president and president, Chevron Gas and Midstream. Johnson currently is president of Chevron's Europe, Eurasia and Middle East Exploration and Production Company. He joined Chevron in 1981 and was previously managing director of the Australia and Eurasia upstream business units. Johnson will lead an upstream organization that continues to have four regional operating companies. Todd Levy will replace Johnson in London as president of Europe, Eurasia and Middle East Exploration and Production Company. Levy currently leads a key Chevron upstream support organization. Geagea will lead a new organization composed of energy and information technology, capital projects management, procurement, upstream production services and workforce development organizations. Geagea, who joined Chevron in 1982, has held positions in each of these three areas. He is the current president of Chevron Gas and Midstream and previously was the managing director of the Asia South upstream business unit and president of the company's downstream operations in East Africa, the Middle East and Pakistan. Breber currently is managing director of the Asia South upstream business unit, based in Bangkok, Thailand. He joined Chevron in 1989 and previously has held senior roles in Chevron's finance organization, including corporate vice president and treasurer. He will lead a Gas and Midstream business that was reorganized earlier this year.

Atlas Promotes McDonie to President

Atlas Pipeline Partners LP has named Patrick J. McDonie as president of Atlas Pipeline Partners GP LLC, the Partnership's general partner. McDonie has been the senior vice president and COO of the general partner since July 2012. He will remain COO and will continue to report to Eugene Dubay, who will remain CEO.

Angelo Gordon Establishes Houston-Based Energy Team

Angelo, Gordon & Co. has established a team of energy professionals, the new Angelo Gordon Energy Team, comprising four professionals with debt and equity investing experience across all energy industry sectors. The team and Angelo Gordon's newest office will be located in Houston, Texas, and will be led by Todd Dittmann.