CALGARY, Nov. 6, 2012 /CNW/ - Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) ("Keyera") announced today that Mr. Robert B. (Bob) Catell has been appointed Chairman of Keyera's Board of Directors, effective immediately. He succeeds the late Honourable E. Peter Lougheed who passed away in September 2012.
Mr. Catell is currently Chairman of the Advanced Energy Research and Technology Center of Stony Brook University. He has a long history in the energy sector and with Keyera. As Chairman and Chief Executive Officer of KeySpan Corporation, Mr. Catell was instrumental in the creation of Keyera in 1998, and has served as a member of Keyera's Board since it went public in 2003. He is past Chairman of the American Gas Association and is a Vice-Chairman of the National Petroleum Council's Natural Gas Committee. He also served as Executive Director and Deputy Chairman of National Grid plc from 2007 through 2009.
"Bob Catell brings a great deal of experience and leadership to his new role as Chairman," said Jim Bertram, Chief Executive Officer of Keyera. "His business acumen and breadth of knowledge will continue to bring value to our business and future growth. I am confident he will serve the interests of our shareholders well."
About Keyera Corp.
Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) operates one of the largest natural gas midstream businesses in Canada. Its business consists of natural gas gathering and processing as well as the processing, transportation, storage and marketing of natural gas liquids (NGLs), the production of iso-octane and crude oil midstream activities.
Keyera's gas processing plants and associated facilities are strategically located in the west central, foothills and deep basin natural gas production areas of the Western Canada Sedimentary Basin. Its NGL and crude oil infrastructure, including pipelines, terminals and processing and storage facilities, as well as its iso-octane facility, are located in Edmonton and Fort Saskatchewan, Alberta, a major North American NGL hub. Keyera markets propane, butane, condensate and iso-octane to customers in Canada and the United States.
The information provided in this release is given as of the date hereof.
SOURCE: Keyera Corp.
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