HOUSTON, March 14 /PRNewswire/ -- Ocean Energy (NYSE: OEI) announced today
that John D. Schiller, Jr. has been promoted to Executive Vice President,
Operations with responsibility for the company's domestic and international
oil and gas operations.
"John has been instrumental in the development and execution of our
operational strategies, and his experience and knowledge allow us to move
toward greater commercial and technical integration of our operational
divisions," said James T. Hackett, Chairman, President and Chief Executive
Officer.
Schiller has served as Senior Vice President, North American Onshore and
International since the merger of Ocean and Seagull Energy last March. Prior
to that time, he was Senior Vice President, Worldwide Operations for Seagull
Energy. He was previously with Burlington Resources, where he served in a
variety of operational and management positions. He began his career as a
staff engineer for Superior Oil.
Ocean Energy, Inc. is an independent energy company engaged in the
exploration, development, production, and acquisition of crude oil and natural
gas. North American operations are focused in the shelf and deepwater areas
of the Gulf of Mexico, South and East Texas, and the Mid-Continent, Permian
Basin and Rocky Mountain regions. Internationally, the Company explores for
and produces oil and gas in the West African countries of Cote d'Ivoire,
Equatorial Guinea and Angola, and in the countries of Egypt, Tatarstan,
Pakistan and Yemen.
Certain statements in this news release regarding future expectations,
plans for acquisitions, dispositions, and oil and gas reserves, exploration,
development, production and pricing may be regarded as "forward-looking
statements" within the meaning of the Securities Litigation Reform Act. They
are subject to various risks, such as operating hazards, drilling risks, the
inherent uncertainties in interpreting engineering data relating to
underground accumulations of oil and gas, as well as other risks discussed in
detail in the Company's SEC filings, including the Annual Report on Form 10-K
for the year ended December 31, 1998. Actual results may vary materially.
SOURCE Ocean Energy
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http://www.oceanenergy.com
Company News On-Call:
http://www.prnewswire.com/comp/913463.html or fax,
800-758-5804, ext. 913463
CONTACT:
financial, Bruce Busmire, 713-265-6161, or
media, Janice Aston White, 713-265-6164, both of Ocean Energy
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