Gas, New Projects

Falcon Gas Storage expands technical and storage development expertise


Houston, TX, June 13, 2003 — Falcon Gas Storage Co., Inc. has expanded its storage development team, increasing the company’s ability to develop, manage and operate multiple natural gas storage facilities and development projects. Currently, Falcon has four gas storage projects in various stages of active operation and development.

Keith W. Chandler joins Falcon as Vice President of Earth Sciences, responsible for the geologic evaluation of storage development projects and planning for the optimum development of the company’s gas storage reservoirs. Chandler has 47 years of experience as a petroleum exploration and exploitation geologist, including senior management positions with Williams Exploration Company and Sandefer Oil and Gas Company.

He also has held various exploration and exploitation geologist positions with Seagull Energy E&P and Prairie Producing Company. Chandler began his oil and gas industry career with Stanolind Oil & Gas (now Amoco) in 1956 as an exploration geologist.

Lowell C. Thronson is Falcon’s new Manager of Engineering & Construction. He has more than 25 years’ experience in engineering and senior level management for upstream oil and gas projects, including hands-on leadership and direction for engineering and design services, project management, front-end development planning, and engineering and construction marketing to domestic and foreign energy-related companies.

Thronson’s expertise covers underground gas storage, compression and compression plants, gas and liquids pipelines, dew point control and liquids extraction, dehydration and treating, measurement, SCADA and EFM, offshore facilities and platforms, and oil and gas production and ancillary equipment. He has an extensive track record of building companies, including Thronson Engineering Corporation (1983-1999), a “Houston 100 Company,” and Thronson Internacional de Venezuela, C.A. (1991-2003).

Mark A. Fullerton joins Falcon as Project Manager with primary responsibility for developing the Company’s high deliverability, multi-cycle (HDMC) MoBay Gas Storage Project in Mobile County, Alabama.

With over 10 years of experience in HDMC gas storage project development, he has held senior management positions at Western Hub Properties, the developer of the Lodi Gas Storage Facility in California; Market Hub Partners, developer of the Moss Bluff salt cavern gas storage facility in Texas; and Tejas Power Corporation, developer of the Egan salt cavern gas storage facility in Louisiana.

Fullerton began his career with Fluor Daniels Engineers Constructors in 1990 as an electrical engineer. Larry Krohmer has joined Falcon as Manager of Reservoir Engineering. Krohmer has more than 20 years of experience in the energy industry, including responsibility for operations at the Katy Storage Hub, where he served as Operations Manager.

A petroleum engineer, Krohmer also has held various other senior level operations and engineering positions, including Director of Storage and Production Operations for Western Gas Resources and Director of Drilling and Workovers for Aquila Energy. Beginning his energy career with Southern California Gas Company as a Senior Drilling Engineer, he ultimately became responsible for reservoir and production engineering at the SoCal Gas Aliso Canyon Gas Storage Facility in southern California.

Henry D. Adair comes to Falcon as Project Manager – Land. Since 1989, he has specialized in government and public relations related to developing storage development and pipeline projects. For more than 34 years, Adair has been involved in purchasing land and pipeline rights-of-way; construction; management; and marketing natural gas and products pipelines, as well as underground storage facilities.

He has a proven track record of corporate development and business management in underground natural gas storage, as well as natural gas and natural gas liquids marketing. Previously, he held various storage development positions with PacifiCorp and Tejas Power Corporation, and executive management and sales positions with Liberty Terminals & Trading and United Petroleum Distributors. Adair began his energy career with Arco Chemicals in 1963.

About Falcon Gas Storage Company, Inc.

Houston-based Falcon Gas Storage Company is one of the largest independent owners and operators of high-deliverability, multi-cycle natural gas storage capacity in the United States. Falcon is the manager of Greyhawk Gas Storage Company, LLC, a joint venture between Falcon and Emera, Inc. In addition to its joint interest in Greyhawk, Falcon is the largest privately-owned storage provider in Texas with more than 20 Bcf of working gas storage capacity and in excess of 500,000 MMBtu/d of peak-day deliverability capability serving the Dallas/Ft. Worth and North Texas markets. Visit Falcon at www.falcongasstorage.com.