El Paso Corp. (ticker: EP, exchange: New York Stock Exchange (.N))
News Release -
25-Oct-1999
El Paso Energy Names Patricia A. Shelton President of El Paso Natural Gas CompanyHouston, Texas, October 25, 1999-El Paso
Energy Corporation (NYSE:EPG) announced today that Patricia A. Shelton will be
promoted and assume the position of President of El Paso Natural Gas Company,
effective January 1, 2000.
Ms. Shelton began her career with El Paso Natural Gas in 1980 shortly after
she graduated from the University of Texas at El Paso, where she earned both a
bachelor's and a master's degree in business administration. She has held a
number of positions with increasing responsibility during the past 19 years, including
Rates, Financial Forecast and Planning, and Settlement Compliance. Ms. Shelton was
named vice president, Rates and Regulation in 1994, and she assumed the position of vice
president, Finance in 1996. She is a certified public accountant and a certified
management accountant.
Ms. Shelton is a member of the American Institute of Certified Public Accountants,
the Texas Society of Certified Public Accountants, and the Institute of Management
Accountants.
With over $15 billion in assets, El Paso Energy Corporation provides comprehensive
energy solutions through its strategic business units: El Paso Natural Gas Company,
Tennessee Gas Pipeline Company, Southern Natural Gas Company, El Paso Field Services
Company, El Paso Merchant Energy Company, El Paso Production Company, and
El Paso Energy International Company. The company owns North America's largest
natural gas pipeline system, both in terms of throughput and miles of pipeline, and has
operations in natural gas transmission, gas gathering and processing, gas and oil
production, power generation, merchant energy services, and international project
development. Visit El Paso Energy's web site at www.epenergy.com
This release includes forward-looking
statements and projections, made in reliance on the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. The company has made every reasonable effort to
ensure that the information and assumptions on which these statements and projections are
based are current, reasonable, and complete. However, a variety of factors could cause
actual results to differ materially from the projections, anticipated results or other
expectations expressed in this release. While the company makes these statements and
projections in good faith, neither the company nor its management can guarantee that the
anticipated future results will be achieved. Reference should be made to the company's
(and its affiliates') Securities and Exchange Commission filings for additional
important factors that may affect actual results. |