/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES./
Trading Symbol: FCE.UN
Exchange: TSX
CALGARY
,
Oct. 19
/CNW/ - Fort
Chicago
Energy Partners L.P. ("Fort
Chicago
") today announced that
Mr. David Holm
has been appointed Executive Vice President, Corporate and Business Development of Fort
Chicago
Energy Management Ltd., the general partner of Fort
Chicago
.
Mr. Holm
will oversee all of Fort Chicago's strategic and business development activities.
Mr. Stephen White
, President and Chief Executive Officer of Fort
Chicago
stated "I am extremely pleased to have David join the executive team at Fort
Chicago
. David brings to Fort
Chicago
a wealth of experience in a variety of areas that will increase the strength and depth of our management group."
Mr. Holm
most recently served for more than three years as Executive Vice-President of Finance, Strategy and Business Development and Corporate Secretary of Provident Energy Trust. Prior to that he spent six years in the investment banking industry and practiced securities and transactional law for 15 years, including as a partner with the Macleod Dixon law firm in
Calgary
.
Mr. Holm
has served as a director of both public and of large private energy companies.
Fort
Chicago
Fort
Chicago
is a publicly traded limited partnership based in
Calgary
, Alberta, that owns and operates energy infrastructure assets across
North America
. Its Class A Units are listed on the TSX under the symbol FCE.UN. Fort
Chicago
is engaged in three principal businesses: a pipeline transportation business comprised of interests in two pipeline systems, the Alliance Pipeline and the Alberta Ethane Gathering System; an NGL extraction business which includes a significant interest in a world-class extraction facility near
Chicago
; and a power business with power facilities in Ontario, Colorado and California, district energy systems in Ontario and
Prince Edward Island
, and waste heat power facilities along the Alliance Pipeline. Fort
Chicago
and its businesses are also actively developing a number of greenfield investment opportunities that will be a key source of future growth, including LNG and pipeline facilities on the U.S. west coast, Alberta-based ethane and NGL extraction facilities, repowering and expansion opportunities at the California power facilities and Nova Scotia-based underground natural gas storage and pipeline facilities.
Class A Unit Ownership Restrictions
Fort
Chicago
is organized in accordance with the terms and conditions of a limited partnership agreement which provides that no Class A Units may be held by or transferred to, among other things, a person who is a "non-resident" of
Canada
, a person in which an interest would be a "tax shelter investment" or a partnership which is not a "Canadian partnership" for purposes of the Income Tax Act (
Canada
).
For further information: Stephen H. White, President and C.E.O., Fort Chicago Energy Partners L.P., Livingston Place, Suite 440, 222 - 3rd Avenue S.W., Calgary, AB, T2P 0B4, Phone: (403) 296-0140, Fax: (403) 213-3648, www.fortchicago.com
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