Copano Energy Appoints R. Bruce Northcutt as a Director and President and Chief Executive Officer; William L. Thacker Elected Chairman of the Board

Sun Nov 15, 2009 6:55pm EST
 
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Copano Energy Appoints R. Bruce Northcutt as a Director and President and
Chief Executive Officer; William L. Thacker Elected Chairman of the Board




HOUSTON, Nov. 15 /PRNewswire-FirstCall/ -- Copano Energy, L.L.C. (Nasdaq:
CPNO) today announced that R. Bruce Northcutt, Copano's President and Chief
Operating Officer, has been appointed President and Chief Executive Officer,
and a member of Copano's Board of Directors.  Additionally, William L. Thacker
was elected Chairman of the Board.  These appointments follow the passing of
John R. Eckel, Jr., as separately announced today.

Mr. Northcutt said, "Working with John was an honor and a privilege, and while
I am deeply saddened by his passing, I am determined to continue executing his
vision and strategy for this great company.  John assembled a strong
leadership team and a dedicated group of employees.  I am confident that
together, we will continue to successfully build on John's legacy."

Mr. Thacker said, "I've served on the Copano Board of Directors since the time
of the company's initial public offering, and although saddened by the
circumstances, I am pleased to have the opportunity to serve as Chairman.  On
behalf of the Board, we extend our support to Bruce in his new role.  Bruce
has been an integral part of Copano's leadership team for many years, helping
to drive our strategy and success.  Our succession plan contemplated Bruce as
John's successor and we are confident that Bruce is the right person to lead
Copano."

About R. Bruce Northcutt
Mr. Northcutt has served as President and Chief Operating Officer of Copano
Energy since April 2003.  Previously, he served as President of El Paso Global
Networks Company, a provider of wholesale bandwidth transport services, from
November 2001 until April 2003.  From April 1999 to December 2001, Mr.
Northcutt was Managing Director of El Paso Global Networks Company and prior
to that he served as Vice President, Business Development, of El Paso Gas
Services Company, a marketer of strategic interstate pipeline capacity, from
January 1998 until April 1999.  Mr. Northcutt began his career with Tenneco
Oil Exploration and Production in 1982 working in the areas of drilling and
production engineering.  From 1988 until 1998, he held various levels of
responsibility within several business units of El Paso Energy and its
predecessor, Tenneco Energy, including supervision of pipeline supply and
marketing as well as regulatory functions.  Mr. Northcutt holds a Bachelor of
Science degree in Petroleum Engineering from Texas Tech University and is a
Registered Professional Engineer in Texas.

About William L. Thacker
William L. Thacker joined Copano's Board of Directors upon completion of the
initial public offering in November 2004.  Mr. Thacker is a member of the
Compensation and Nominating and Governance Committees and previously chaired
the Compensation Committee.  Mr. Thacker is a member of the board of directors
of Kayne Anderson Energy Development Company and Mirant Corporation.  Mr.
Thacker joined Texas Eastern Products Pipeline Company (the general partner of
TEPPCO Partners, L.P.) in September 1992 as President, Chief Operating Officer
and director.  He was elected Chief Executive Officer in January 1994.  In
March 1997, he was named to the additional position of Chairman of the Board,
which he held until his retirement in May 2002.  Prior to joining Texas
Eastern Products Pipeline Company, Mr. Thacker was President of Unocal
Pipeline Company from 1986 until 1992.  Mr. Thacker is past Chairman of the
Executive Committee of the Association of Oil Pipelines, has served as a
member of the board of directors of the American Petroleum Institute, and has
actively participated in many energy-related organizations during his 35-year
career in the energy industry.  Mr. Thacker holds a Bachelor of Mechanical
Engineering degree from the Georgia Institute of Technology and a Masters of
Business Administration degree from Lamar University.

Houston-based Copano Energy, L.L.C. (NASDAQ: CPNO) is a midstream natural gas
company with operations in Oklahoma, Texas, Wyoming and Louisiana.  Its assets
include approximately 6,200 miles of active natural gas gathering and
transmission pipelines, 200 miles of NGL pipelines and seven natural gas
processing plants, with over one Bcf per day of combined processing capacity.
For more information please visit www.copanoenergy.com.

    Contacts:        Carl Luna, SVP & CFO
                     Copano Energy, L.L.C.
                     713-621-9547

                     Jack Lascar / jlascar@drg-e.com
                     Anne Pearson/ apearson@drg-e.com
                     DRG&E / 713-529-6600




SOURCE  Copano Energy, L.L.C.

Carl Luna, SVP & CFO of Copano Energy, L.L.C., +1-713-621-9547, or Jack
Lascar, jlascar@drg-e.com, or Anne Pearson, apearson@drg-e.com, both of DRG&E,
+1-713-529-6600, for Copano Energy, L.L.C.

 

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