WILLIAMSVILLE, N.Y., June 8 /CNW/ - National Fuel Gas Company (NYSE: NFG)
("National Fuel") announced today that, effective July 1, 2006, James A. Beck
will retire as President of Seneca Resources Corporation ("Seneca"), the
Exploration and Production segment of National Fuel. A search for his
replacement is underway, during which Barry L. McMahan, Senior Vice President
of Seneca, will oversee Seneca's day-to-day operations. McMahan, who has more
than 29 years experience in oil and gas production and management, joined
Seneca in 1988 and was named Senior Vice President in 2001.
"We are grateful to Jim for his long and dedicated service to Seneca and
the role he's played in developing this important element of our business,"
said David F. Smith, President and Chief Operating Officer of National Fuel.
Beck joined National Fuel in 1989 as Manager of Operations for Seneca's
California production, following 20 years of experience in the petroleum
industry throughout the United States and internationally. He was named
Executive Vice President of Seneca in 1995 and President in 1996.
Seneca Resources explores for, develops and purchases natural gas and oil
reserves in California, the Appalachian region, the Gulf Coast region of
Texas, Louisiana and Alabama, and the western provinces of Canada. Seneca's
exploration emphasis is centered on drilling for new reserves in Canada and
the Gulf of Mexico, while development drilling continues to expand in the
Appalachian region and in California. Smith added, "The dynamics of the energy
marketplace make this an exciting time to be in the exploration and production
arena, and Seneca remains a fundamental component of National Fuel's
integrated structure."
National Fuel is an integrated energy company with $3.9 billion in assets
comprised of the following five operating segments: Utility, Pipeline and
Storage, Exploration and Production, Energy Marketing, and Timber. Additional
information about National Fuel is available at http://www.nationalfuelgas.com
or through its investor information service at 1-800-334-2188.
