Vanguard Adds to Its Board of Directors
Vanguard Natural Resources, LLC announced that its Board of Directors has, effective as of February 28, 2008, elected John R. McGoldrick, Loren Singletary and Bruce W. McCullough to the Board as independent directors.
Scott W. Smith, president and CEO, commented, "We are pleased to welcome these proven oil and gas executives to the Board as independent directors. Their combined experience of over sixty years in the upstream exploration and production sector is a great resource for our company and we look forward to their contributions going forward."
Following is a brief biography of each new board member.
John R. McGoldrick is currently a director and Executive Chairman of Caza Oil & Gas, Inc., a public company listed on the AIM and Toronto stock exchange. Prior to his current position, he was President of Falcon Bay Energy LLC, an independent oil and gas company with operations in Texas and South Louisiana. Prior to that, McGoldrick was employed by Enterprise Oil plc in a number of senior management positions, including President of Enterprise Oil Gulf of Mexico Inc. from August 2000 to October 2002.
McGoldrick will be Chairman of the Compensation Committee and a member of the Nominating and Governance, and Conflicts Committees.
Loren Singletary is currently Vice President of Global Corporate Accounts for National Oilwell Varco, a $24 billion market cap oilfield service company. Prior to his current position, Singletary was a founder and President of LSI Interests, Ltd., an oilfield service company that was acquired by National Oilwell in 2003. In addition to his vast experience in the oilfield service sector, Singletary has also been involved in the upstream E&P sector, both onshore and offshore, as a private investor for the past 20 years.
Singletary will be Chairman of the Conflicts Committee and a member of the Audit and Compensation Committees.
Bruce W. McCullough is currently President and Chief Executive Officer of Huntingdon Energy Corp., an independent exploration and production company that, since 1986, has been involved in exploration and production activities in the Appalachian basin, East Texas, Mid-Continent and the Gulf Coast. Prior to forming Huntingdon, McCullough held senior management positions with Pool Offshore, a Houston-based oil field service company.
McCullough will be Chairman of the Nominating and Governance Committee and a member of the Audit and Compensation committees.