Enterprise Elects Ordemann Senior Vice President.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Dec. 4, 2001 Enterprise Products Partners L.P. (NYSE NYSE See: New York Stock Exchange :EPD EPD expected progeny difference. ) announced that the board of directors of its general partner has elected W. "Bill" Ordemann as senior vice president. Ordemann is responsible for the commercial activities of Enterprise's natural gas processing Natural gas processing plants, or fractionators, are used to purify the raw natural gas extracted from underground gas fields and brought up to the surface by gas wells. The processed natural gas, used as fuel by residential, commercial and industial consumers, is almost pure business. Ordemann joined Enterprise as a vice president through the acquisition of Tejas Natural Gas Liquids LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control from an affiliate of Shell Oil Company in 1999. He was named vice president of Tejas Natural Gas Liquids' natural gas liquid processing business in 1998. From 1981 until 1998, he served in several Shell subsidiaries in the engineering, operations and management areas. Ordemann graduated from Virginia Tech with a B.S. in Chemical Engineering in 1981. "Bill has done an excellent job managing and contributing to the growth of our natural gas processing business," stated O.S. "Dub" Andras, president and chief executive officer of Enterprise. "His twenty years of experience and accomplishments associated with the development and production of oil and gas in the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east has established Bill as a valuable member of our management team." Enterprise Products Partners L.P. is the second largest publicly traded, midstream energy partnership with an enterprise value of approximately $5 billion. Enterprise is a leading provider of midstream energy services to producers and consumers of natural gas and natural gas liquids ("NGLs"). The Company's services include natural gas transportation, processing and storage and NGL NGL - A dialect of IGL. fractionation fractionation /frac·tion·a·tion/ (frak?shun-a´shun) 1. in radiology, division of the total dose of radiation into small doses administered at intervals. 2. (or separation), transportation, storage and import/export terminalling. The Company's assets are geographically focused on the United States' Gulf Coast, which accounts for approximately 55 percent of both domestic natural gas and NGL production and 75 percent of domestic NGL demand. This press release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 based on the beliefs of the company, as well as assumptions made by, and information currently available to, management. Although Enterprise believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. |
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