Copano Energy, L.L.C. (Nasdaq: CPNO) announced today that John N.
Goodpasture has been appointed Senior Vice President, Corporate
Development of Copano, effective June 7, 2010. In this role, Mr.
Goodpasture will report to R. Bruce Northcutt, Copano's President and
Chief Executive Officer, and will be responsible for all of Copano's
corporate development activities.
"John is an outstanding addition to our company," said Mr. Northcutt.
"He brings to Copano a deep background in midstream management,
including significant experience in corporate development. His
qualifications and experience make him well-suited to implement our
growth strategy to create additional value for our unitholders. We are
pleased to welcome John to the Copano team."
Mr. Goodpasture joins Copano with over 40 years of corporate
development, commercial and management experience in the midstream
sector. Most recently, Mr. Goodpasture served as Vice President,
Corporate Development and Midstream Commercial for TEPPCO Partners, LP.
In this role, he was responsible for strategic acquisitions,
divestitures and major new business initiatives and additionally
provided executive oversight for TEPPCO's midstream segment. Previously,
Mr. Goodpasture served in various management, commercial and corporate
development positions at Enron Corporation, Seagull Energy Corporation
and Union Carbine Corporation. Mr. Goodpasture received a Bachelors
Degree in Mechanical Engineering from Texas Tech 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 6,400 miles of active
natural gas gathering and transmission pipelines, 260 miles of NGL
pipelines and eight natural gas processing plants, with more than one
Bcf per day of combined processing capacity. For more information,
please visit www.copanoenergy.com.
This press release includes "forward-looking statements," as defined
by the Securities and Exchange Commission. Forwardlooking statements
address activities or developments that Copano believes will or may
occur in the future. These statements are based on management's
experience and perception of historical trends, current conditions,
expected future developments and other factors management
believes are appropriate in the circumstances. Such statements are
subject to a number of risks and uncertainties, many of which are
beyond Copano's control, including the volatility of prices and market
demand for natural gas and natural gas liquids; Copano's ability
to continue to obtain new sources of natural gas supply; the ability of
key producers to continue to drill and successfully complete and
attach new natural gas supplies; Copano's ability to retain its key customers;
general economic conditions; the effects of government regulations and
policies; and other financial, operational and legal risks and
uncertainties detailed from time to time in Copano's filings with the
Securities and Exchange Commission.
