HOUSTON, Texas (March 6, 2008) – With the goal of moving its high-deliverability natural gas storage facility forward to the operations phase, Bobcat Gas Storage (Bobcat) recently added David H. Saindon as Chief Financial Officer and Dr. Masoud J. Kasraian as Senior Vice President of Marketing and Asset Optimization to its management team. These two additions to the Bobcat team will help position Bobcat to smoothly transfer from facility construction to facility operations and will allow Bobcat to actively pursue its short term storage and hub service business.
David was a summa cum laude graduate of Texas Tech University with a degree in accounting and finance. He has over 10 years of experience in the energy including his most recent assignment as Vice President of Finance of Lodi Gas Storage, LLC. At Bobcat, David will be responsible for all financial aspects of Bobcat’s business including accounting and finance.
Masoud obtained a Ph.D. in electrical engineering and a MBA in finance and investment from the University of Wisconsin-Madison. He has 9 years of experience in the energy industry. His most recent job was at Lodi Gas Storage, LLC where he served as Senior Vice President of Marketing. At Bobcat, Masoud will be responsible for Bobcat’s short-term hub services and interruptible storage services portfolio.
Bobcat is being developed by Port Barre Investments, LLC, which is owned by members of management, Haddington Energy Partners III LP, a private equity fund managed by Haddington Ventures, LLC and GE Energy Financial Services, the energy investing unit of GE (GE: NYSE).
Phone: (713) 532-7992