EOTT ENERGY PARTNERS, L.P. ANNOUNCES MANAGEMENT CHANGES
FOR IMMEDIATE RELEASE: Friday, June 23, 2000
HOUSTON -- The EOTT Energy Partners, L.P. (EOTT) Board of Directors announced today that it has accepted the resignation of Michael D. Burke, effective immediately.
Mr. Burke is leaving the company to focus on emerging investment and business opportunities.
Stanley C. Horton, chairman of EOTT, will assume the duties of chief executive officer. Mr. Horton will remain chairman and chief executive officer for the Enron Gas Pipeline Group.
Dana R. Gibbs, currently executive vice president and chief commercial officer, will become president and chief operating officer of EOTT. Horton and Gibbs will comprise the Office of the Chairman for EOTT.
EOTT Energy Partners, L.P. is a major independent marketer of crude oil in the United States and Canada. Together with its predecessors, the Partnership has been serving the petroleum industry since 1946. Both EOTT Energy Partners, L.P. and EOTT Energy Corp., the general partner, are headquartered in Houston, Texas. The common units of EOTT Energy Partners, L.P. trade on the NYSE under the symbol “EOT”.
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For additional information please contact:
Gina Taylor
(713) 853-7681
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