Posted: Oct 14, 2009
J-W Operating Company is pleased to announce today that Richard T. Clement has accepted the position of Executive Vice President of J-W Operating Company and Larry Carpenter will become the new President of J-W Gathering Company.
Mr. Clement will be responsible for the Business Development; Business Processes; Health, Safety and Environmental Affairs functions of the company. Additionally, he will serve as an advisor to other Executive Team Members with regards to capital allocation, asset development, hydrocarbon marketing, contract, legal and regulatory matters. He will be headquartered in the Dallas, TX office.
Richard T. Clement
Mr. Clement joined J-W Operating Company in 1984. Over the past 25 years he has held numerous positions in compression, exploration and production, gas marketing, operations, pipeline and gathering. In 2000, Mr. Clement was promoted to President of J-W Gathering Company and Q-West Energy Company, where his main focus was managing the gathering and mid-stream subsidiary. Mr. Clement earned his Bachelor of Business Administration in Accounting from Southern Arkansas University in Magnolia in l980.
Mr. Carpenter will assume the role of President for J-W Gathering Company from former President Richard Clement.
Larry Carpenter's career in the oil and gas industry began with Amoco where he moved through the engineering ranks to Amoco's Planning, Economics and Government Affairs group in their Chicago headquarters office in the late 1970s. From there he began a thirteen year career with Texas Oil and Gas Corporation rising to the position of Executive Vice President and head of the gas gathering and processing subsidiary. Subsequently, as Chairman, Chief Executive Officer and President, he executed a successful turnaround of a small public exploration and production company. Mr. Carpenter earned a Bachelor of Science degree in Petroleum Engineering from the University of Missouri at Rolla in 1970.
"I expect the gathering company to continue to grow as a premier mid-stream company under Larry's guidance and leadership. He has a wealth of experience and a proven track record of adding value in all of his assignments." commented Paul Westerman Chief Operating Officer of J-W Operating Company.
J-W Operating Company is an Energy Development and Energy Services company comprised of seven distinct business units that specialize in natural gas compression, gas measurement, gas gathering and processing, cased-hole wireline services, drilling, workover, exploration and production and manufacturing. Services are offered to the oil and gas industry in the states of Texas, Louisiana, Oklahoma, Arkansas, New Mexico, Kansas, Colorado, Utah, Wyoming, California, Montana, Kentucky, West Virginia, Ohio, Pennsylvania and North Dakota.
FOR MORE INFORMATION:
John A. Daniels
J-W Operating Company
Business Development Manager
972-233-8191
jdaniels@jwoperating.com
