Whitehead Named El Paso Exploration & Production CFO

El Paso Corporation announced that Dane E. Whitehead joined El Paso Exploration & Production as chief financial officer effective May 1, 2006. Reporting to President Lisa Stewart, he will be responsible for Exploration & Production's financial, accounting, IT, and risk functions.

Whitehead had more than 13 years of tenure at Burlington Resources, Inc., which he joined in 1993 as Internal Audit manager. There he held various positions of increasing responsibility, most recently serving as vice president, controller, and chief accounting officer. Prior to Burlington, he was with Coopers & Lybrand.

"We are pleased to welcome Dane to the team," said Stewart. "He brings a wealth of experience to his new job and extensive knowledge of internal controls, accounting and auditing standards, Sarbanes-Oxley compliance, and strategy that will be invaluable as we grow our business. We are confident that Dane will provide the strong financial oversight and leadership that we need to create significant value for El Paso's shareholders."

El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns North America's largest natural gas pipeline system and one of North America's largest independent natural gas producers.


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