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Waveland Energy Partners Names Thomas Fetters as President and Director of Exploration.



Business Editors

IRVINE, Calif.--(BUSINESS WIRE)--Jan. 30, 2004

Waveland Energy Partners LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 ("Waveland"), a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Waveland Capital Group, announced the addition of R. Thomas Fetters as President and Director of Exploration. Concurrently, Mr. Fetters will continue to serve as Chief Executive Officer of Houston-based Delta Resources Group LLC, a company specifically formed to utilize leading-edge technology in oil and gas exploration. He also serves on the board of directors for Energulf Resources.

Mr. Fetters is one of the better-known E&P geologists in the world, with a track record of auspicious success in multinational exploration and production. "Waveland is experiencing incredible growth and we are fortunate to have someone with Tom's experience and track record on board," said Michael J. Greer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Waveland.

Prior to forming Delta Resources and joining Waveland, Mr. Fetters served as Managing Director of Exploration for Beta Oil & Gas, Inc. ("Beta"). While there he was responsible for Beta's participation in Brookshire Dome Field, located west of Houston, with over 30 successful wells and production of over 1,000 barrels of oil per day (BOPD BOPD Barrels of Oil Per Day
BOPD Bataan Ocean Petroleum Depot
), with substantial deep natural gas potential yet to be developed. He was also responsible for Beta's participation in West Broussard Field in South Louisiana, with current production of 17 million cubic feet of gas per day and 400 BOPD, and projected reserves of over 20 billion cubic feet of gas-equivalent reserves. Waveland owns a working interest in both of these projects. Prior to joining Beta, Mr. Fetters served as President of XCL China, a division of XCL LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability ., and President and CEO of CNG CNG Compressed Natural Gas
CNG Calling (Tone)
CNG Comfort Noise Generation
CNG Cryptography Next Generation (Microsoft Windows Vista)
CNG Centre National de Génotypage
 Producing Company (now Dominion Resources, Inc.).

Before that, Mr. Fetters spent several years at Exxon, which has since merged to become Exxon Mobil Corporation Exxon Mobil Corporation

U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores.
, where he served as Exploration Planning Manager for Exxon U.S.A., Exploration Manager for Exxon Australia, and Chief Geologist for Exxon Malaysia. During the mid-1970s, Mr. Fetters was Division Manager for Exxon's research organization, during which he served as Chairman of GEOSAT GEOSAT Geostationary Satellite
Geosat Geodetic Satellite
GEOSAT Geodetic Earth Orbiting Satellite
GEOSAT Geosynchronous Satellite
GEOSAT Geodesy Satellite (Navy) 
, a joint industry-U.S. government (NASA NASA: see National Aeronautics and Space Administration.
NASA
 in full National Aeronautics and Space Administration

Independent U.S.
) organization devoted to improving remote sensing capabilities (e.g., satellite imaging) for mapping hydrocarbon and mineral deposits around the world. Mr. Fetters holds BS and MS degrees in Geology from the University of Tennessee The University of Tennessee (UT), sometimes called the University of Tennessee at Knoxville (UT Knoxville or UTK), is the flagship institution of the statewide land-grant University of Tennessee public university system in the American state of Tennessee. .

Waveland Energy Partners LLC is a Delaware limited liability company formed to enable investors to participate in exploration, development, and production of oil and natural gas reserves. For more information, please contact Michael J. Greer at 949-251-9383, ext. 101.

Forward-Looking Statements: The statements in this report regarding projected production performance and expected drilling and development activities are "forward-looking statements" within the meaning of the federal securities laws. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected. Such factors include uncertainties inherent in reserve estimations and production rates, especially for estimates of undeveloped reserves; operational risks inherent with corresponding exposure to delays, significant cost overruns, and mechanical problems; the highly competitive nature of activity with corresponding shortages of equipment and personnel; and the uncertain cost and pricing environment in the oil and gas industry. Waveland has no obligation to update the statements contained in this report or to take action that is described herein or otherwise presently planned.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 30, 2004
Words:540
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