Friday, February 6, 2009

Cardinal Gas Storage Partners LLC Announces New Chief Financial Officer and New Vice President of Marketing/Business Development

HOUSTON, Feb. 6 /PRNewswire/ -- Cardinal Gas Storage Partners LLC (Cardinal) announced today that Daniel Hannon has been named Chief Financial Officer and Kevin Holder has been named Vice President Marketing and Business Development. Both of these positions are new positions and the result of the continued growth of Cardinal.

Dan brings more than 20 years of comprehensive financial, treasury, planning and development expertise to Cardinal. His prior experience includes Chief Financial Officer of Green Earth Fuels, LLC, Chief Financial Officer of Range Fuels, Inc. and Senior Vice President Finance and Corporate Development of Reliant Energy, Inc. Dan received his bachelor's degree at the University of Georgia and his MBA at Vanderbilt.

Kevin has in excess of 20 years of experience in marketing, business development, natural gas storage and natural gas transportation experience with CenterPoint Energy, Inc. where he was Senior Director of Business Development. Kevin received his bachelor's degree at Louisiana State University and his MBA at Oklahoma City University.

Dan and Kevin will both report to Jeff Ballew, President and CEO of Cardinal. "We are pleased to continue to add experienced, high caliber talent to the Cardinal roster. Dan and Kevin have both earned excellent reputations in the energy industry for their integrity and accomplishments. They will both be key to the continued success and growth of Cardinal," said Ballew.

About Cardinal Gas Storage Partners LLC

Cardinal is a joint venture between Energy Capital Partners ("ECP") and Martin Resource Management Corporation ("MRMC") that is focused on the development, construction, operation and management of natural gas storage facilities throughout North America. Through its wholly-owned subsidiaries, Cardinal is currently developing approximately 68 Bcf of salt cavern and depleted reservoir natural gas storage at four facilities in North America. For more information, visit www.cardinalgs.com.

About Energy Capital Partners

ECP is a private equity firm dedicated to investing in the power generation, midstream gas, renewable and electric transmission sectors of North America's energy infrastructure. The firm's management has substantial experience leading successful energy companies and energy infrastructure investments. ECP has offices in Short Hills, N.J., and San Diego, Calif. For more information, visit www.ecpartners.com.

About Martin Resource Management Corporation

MRMC is a private company based in Kilgore, TX that was founded in 1951 and has a long history of operations in the midstream energy business. MRMC markets several energy products including sulphur, sulfuric acid, fuel oil, liquid petroleum gas, asphalt, chemicals, lube oils, and other bulk liquids. MRMC is also the 100% owner of Martin Midstream GP LLC ("MMGP"), the general partner for Martin Midstream Partners LP ("MMLP"), a master limited partnership formed by MRMC in 2002. For more information, visit www.martin-gas.com.