Calderone, Michael E. – President and
Chief Executive Officer: Prior to joining Somerset , Mr. Calderone was the Chief Operating Officer of Energy USA-TPC Corp., where he was responsible for day to day operations of all of the company's gas marketing and trading activities as well as all back and mid-office functions. Mr. Calderone joined TPC in 1991 as Director of Profit Optimization with primary responsibility for selling storage and commodity services from the company's salt-cavern storage facilities. In 1994, he was elected Vice President-Gas Marketing and later Senior Vice President of Marketing & Trading. Prior to TPC, Mr. Calderone worked for CNG Transmission Corporation as Manager of Transportation & Exchange and Manager of Interstate Marketing. In these roles, he helped establish CNG's transportation program required by Order 436 and was responsible for renegotiating and securing new sales and transportation services in response to the order. Prior to joining CNG in 1985, Mr. Calderone was engaged in the private practice of law. He has been active in the American Gas and Southern Gas Associations, primarily in the Supply and Marketing sections and is a graduate of Duquesne University , where he earned both his B.A. and J.D.
Ziegler , William R. – Chairman: Mr. Ziegler is of counsel to the law firm of Satterlee Stephens Burke & Burke LLP, New York , New York . Mr. Ziegler was formerly a partner of Satterlee Stephens Burke & Burke LLP, of Parson & Brown LLP and of Whitman Breed Abbott & Morgan and a predecessor law firm Whitman & Ransom, all New York law firms. He has practiced corporate, banking and securities law since 1968. He is Chairman of the Board (non-executive) of Vesta Corp., a stored value technology company, and of Firebird Holdings Limited, a logistics and contract warehousing business with operations in Eastern Europe, Russia and the United Kingdom, the Chairman of the Board (non-executive) and a director of Geokinetics, Inc., a seismic and geophysical company traded on the OTC Bulletin Board, a director of Flotek Industries Inc., an oil services equipment supplier traded on the OTC Bulletin Board, and a director and Vice Chairman of Grey Wolf, Inc. of Houston, Texas, an AMEX-listed oil and gas drilling company with operations on the U.S. Gulf Coast. He serves as Vice Chairman of the Board (non-executive) of Union Drilling, Inc., an oil and gas drilling company with operations in the Appalachian Basin and the Rocky Mountains . Mr. Ziegler is a graduate of Amherst College and received a law degree from the University of Virginia and an M.B.A. from Columbia University .
O'Neill , Thomas H. Jr . - Vice Chairman : Mr. O'Neill has over 28 years of domestic and international experience in the field of petroleum exploration and financing. Mr. O'Neill served on Governor Cuomo 's Advisory Board for Oil, Gas and Solution Mining for the State of New York from 1981 to 1986, served on the New York State Banking Board from 1994 through 1997, and to the New York State Dormitory Authority Board from 1998 to October 2003, where he served as Vice Chairman. He serves as Chairman of the Board (non-executive) of Union Drilling, Inc., an oil and gas drilling company with operations in the Appalachian Basin and the Rocky Mountains . Mr. O'Neill is a General Partner of Somerset Capital Partners, a principal stockholder of Grey Wolf, Inc., an AMEX-listed oil and gas drilling company with operations on the U.S. Gulf Coast. Mr. O'Neill is a director of Firebird Holdings Limited, a logistics and contract warehousing business with operations in Eastern Europe , Russia and the United Kingdom . Mr. O'Neill is a graduate of Canisius College , Buffalo , New York .
Steven A. Webster – Director: Mr. Webster is Chairman of Global Energy Partners. Mr. Webster has been involved in the investment business since 1975 and in the energy industry since 1979 as an investment banker, venture capitalist, founder and chief executive officer of a large energy service company, and as a director of various public companies.
After beginning his career in the investment banking business with Dean Witter & Co., Mr. Webster co-founded in 1979, Jones, Loyd & Webster, a small investment banking firm specializing in energy. In 1984, Mr. Webster and a group of private investors initiated the first of three partnerships which made private equity investments in energy and other industries. In 1988, Mr. Webster founded Falcon Drilling Company with $300,000 of capital and an aggressive consolidation strategy. Mr. Webster built Falcon rapidly through acquisitions, taking it public in 1995. Through mid 1999, Mr. Webster served as Chief Executive Officer of Falcon and then R&B Falcon, which in 2001 was acquired by Transocean Inc., creating the world's largest drilling company with a $15 billion market capitalization.
Throughout his career, Mr. Webster has been an active investor, particularly in the energy business. In recent years, he has been involved in the formation or repositioning of various companies. He currently serves as Chairman of Carrizo Oil & Gas, Basic Energy Services Inc. and Crown Resources Corporation and as a director of various public and private companies, including Grey Wolf Inc., Brigham Exploration Company, Camden Property Trust, Caledonia Oil & Gas Ltd., Copano Energy Holdings, LLC, Seabulk International, Inc., Encore Bancshares Inc., Goodrich Petroleum Corporation, Frontier Drilling ASA, Medicine Bow Energy Corporation and Pinnacle Gas Resources, Inc.
Mr. Webster received a BSIM with distinction from Purdue University and an MBA with high distinction from the Harvard Business School where he was a Baker Scholar.
Cagle, William E. – Pipeline Operations Manager -- Ohio : Mr. Cagle has over 22 years experience as a maintenance and operations professional in the natural gas transmission industry. Mr. Cagle recently was an Area Supervisor for Trunkline Gas Company where he hired, scheduled, and supervised a staff of 16 employees. He prepared the budget and cost control procedures for a pipeline operation in excess of $1.25 million. While at Trunkline, Mr. Cagle developed safe project scopes, procedures, construction and startup of major plant and pipeline operational projects. He maintained the company's data base, administrative records, safety procedures and OSHA and DOT compliance policies. Mr. Cagle has provided training to all essential personnel on gas turbines manufactured by Cooper-Bessemer, Clark , Ingersoll-Rand, White Superior, Waukesha and Caterpillar. Mr. Cagle was responsible for the operation, maintenance and repairs of all equipment relating to compression on the Trunkline system, including supervisory control and data acquisition (SCADA), computer hardware and software components, measurement controls and environmental compliance.
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