competitive advantage united energy trading...
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United Energy TradingCanada OfficeSun Life Plaza, West TowerSte. 1800 144-4th Ave. SW Alberta, Canada T2P 3N4Ph: 403-303-4797 Fax 403-514-8078
United Energy Trading Canada, ULC (UETC) is a wholly ownedsubsidiary of United Energy Corporation. UETC is a fully integrated naturalgas marketing & trading organization based in the city of Calgary locatedin the Canadian province of Alberta. UETC is focused on creating valuefor our customers and capturing opportunities in the natural gas market.
Competitive AdvantageUETC currently services its customers by providing a full spectrum of energymanagement solutions for both producers and end-users in Canada andthe U.S. The Calgary team strives to understand the needs of the customerand makes every effort to exceed their expectations. UETC has the expertiseand resources available in order to meet our customer's current andfuture energy management needs. The UETC team prides itself on thestrong relationships that have been developed over the years and isconstantly looking to develop new relationships.
United Energy Trading Canada, ULC Marketing TeamWith a broad knowledge of the natural gas industry, our marketing teamfocuses on understanding each customer's business objectives and developingideas and strategies so that we can best work together. The natural gasmarket is a dynamic, opportunistic market and the Calgary team hasmany years of trading & marketing experience to capitalize on theseopportunities and maximize value for our client base.
Fraser MacDonaldGas Control AnalystPh: [email protected]
Seth AlwardVice President ofTrading and MarketingPh: [email protected]
Products & Services:UETC currently is doing business on 17 different pipelinesand does business in Canada, and in the Mid-West andNortheastern U.S. We offer risk management, energymanagement, transportation and storage management,gas sales, purchasing and administrative services.
United Energy Trading Canada, ULCis currently doing business on the following pipelines:
NovaEmpire PipelineTransCanada PipelineNational Fuel PipelineFoothills PipelineIroquois PipelineAlliance PipelineUnion Gas PipelineNorthern Border PipelineMaritimes & Northeast PipelineViking Gas TransmissionMichigan ConsolidatedGreat Lakes Gas TransmissionPortland PipelineVector PipelineTennessee Gas PipelineMidwestern
UET Canada marketing regions
WEBSITEwww.unitedenergytrading.com
UNITED ENERGY TRADING, LLC
Nature of UEC Operations
United Energy Corporation (UEC) engages in the acquisition and devel-opment of oil and natural gas properties. Through its operating subsidiaries,UEC is active in the wholesale buying and selling of natural gas andelectricity and related transportation and transmission services through-out the United States and Canada. UEC's subsidiaries offer an array ofservices that enable energy producers and other customers to effectivelymanage price and supply risks.
Today UEC owns a working interest in over 290 oil and natural gaswells in western North Dakota and eastern Montana of which, UECserves as the operator in 52 of those wells. Additionally, the Companyhas 41,500 net mineral acres of producing and non-producingexploratory oil and gas mineral rights in the Williston Basin.
UEC has successfully added value in the commodity and service businessfor over 20 years and is uniquely positioned to execute across variousmarket regions by utilizing its fundamental business model that is disci-plined, straightforward and focused on generating value while managingrisk in today's competitive marketplace. The historic success comes fromcombining this business model with the right personnel that can offercustomized products and flexible services to reliable customers. It is thedisciplined execution of business strategies and the Company's ethicalapproach towards conducting business that sets it apart and enables itto be the first-choice provider for customers seeking energy solutions ina complex and ever changing marketplace.
By maintaining our conservative business focus and constant devotionto earning the trust of customers, suppliers and stakeholders, we willcontinue to strive for excellence in all of our business practices and willcontinue to build the business on the sound qualities it was foundedupon more than 20 years ago.
Financial Profile
United Energy Corporation maintains sound credit metrics to support itscurrent operations and strategies. UEC's conservative business modelhas provided exceptional returns while keeping a low risk profile. Solidliquidity, profitability and leverage ratios characterize the financialstatements and meet or exceed industry standard performance measures.
UEC is capitalized with no long-term debt. Internally generated cashflow has enabled growth and profitability for both its oil and gasproduction business and its marketing operations. To enhance liquidity,UEC has access to an $105,000,000 committed bank facility with nooutstanding borrowing. UEC owners continue to reinvest earnings backinto the business to increase stockholder's equity.
For complete information on our financial performance we invite youto visit our website at www.unitedenergycorp.com or contactour Credit Group at the numbers listed to the right.
Phil HarrodDirector, Credit Risk(913) 236-6129
United Energy Corporation
Missouri River Royalty Corp.Oil & Gas Production
Rainbow Gas CompanyRetail Natural Gas Marketing
Rainbow Energy Marketing Corp.Wholesale Power Marketing & Asset Management
United Energy Trading, LLCWholesale Natural Gas Marketing & Producer Services
United Energy Trading Canada, ULCWholesale Natural Gas Marketing & Producer Services
Jason HillManager, Credit Risk (913) 236-6182
UNITED ENERGY TRADING LLC • Crude Oil Trading
Gregory SmithNatural Gas & CrudeOil Origination303-991-3015 (o)303-503-1857 (c)[email protected]
United Energy Trading LLC (UET) has a robust and growing crude oil trading portfoliothat provides value and service to suppliers as well as markets. We utilize decades ofemployee experience in crude oil sales across the country and a well-developed setof relationships with producers, transporters and markets to bring the highest level oftrading service. UET is actively trading crude oil in the northern Rocky Mountains withan emphasis on Williston Basin and Wyoming crude oil. We are also active in theMidcontinent and Gulf Coast markets focused on refinery needs. We own transportationcontract assets and actively pursue deals involving trucking and rail transportation.
We understand the needs and concerns of producers in crude oil production anddisposition from our employees’ first-hand experience with production companies. Ourcrude oil trading activities are enhanced from also buying natural gas from numerousproducers that sell their produced crude oil - providing a one-step producer service forsales disposition of both natural gas and crude oil. Lastly, we have “boots on theground” in Wyoming, North Dakota and the Gulf Coast - a presence that gives usin-depth knowledge of production, infrastructure, weather-related issues and transportationitems that collectively influence value and producer netbacks.
www.unitedenergytrading.com
Guillermo GrossiNatural Gas & CrudeOil OriginationPh: 303-991-0986Cell: [email protected]
UNITED ENERGY TRADING LLC • Processing
Gregory SmithNatural Gas & Crude Oil Origination303-991-3015 (o)303-503-1857 (c)[email protected]
Kathleen BatesCommercial [email protected]
Diane Sweeney DundeeManaging Director713-775-9401
United Energy Trading, LLC (UET) entered into an alliance withMidstream Development Partners LLC (MDP) in 2009 to expand itsproducer services footprint into the midstream sector of gas processingand liquids fractionation. This alliance will enable UET and MDPclient companies to manage midstream risk and take advantage ofopportunities that exist in this volatile market place.
MDP brings twenty plus years of midstream experience throughoutthe Rockies, Gulf Coast and Midcontinent Regions of the UnitedStates and Alberta region of Canada. MDP experience ranges fromgas portfolio management, margin risk management to facilityoperations.
The UET and MDP alliance will offer a complete range of producerservices focused on the midstream sectors of gas processing, liquidsfractionation and natural gas liquids marketing. This alliance willcompliment the gas purchasing portfolio of UET. Additionally, thisalliance will apply a full complement of risk management tools tofrac spread risk.
For information about UET/MDP go to:www.unitedenergycorp.com www.midstreamdp.com
Midstream Development Partners LLc2620 D South Shepherd Ste #611Houston Tx. 77098713-425-4932
United Energy Trading LLC215 Union Blvd. Ste #425Lakewood, Co 80228303-991-0983
UNITED ENERGY TRADING LLC • Producer Services
Gillette Office
Ruth M. Reile Business Development400 S. Kendrick Ave. Suite 201BGillette WY 82716Ph: 307-682-2844Fax: [email protected]
Stephen H. LewisManager of Trading and MarketingSouthern RegionPh: [email protected]
Houston Office
Tulsa Office
Brad BarronDirector of ProducerServicesPh: [email protected]
Bob PetersManager of Gas SupplyPh: [email protected]
www.unitedenergytrading.com
United Energy Trading, LLC (UET) continues to expand its producer services foot-print by concentrating purchases from smaller to mid-sized producers. UETenables its client companies to manage risk and take advantage of opportunitiesthat exist in this volatile market place.
UET offers a complete range of producer services,including timely payment, accurate paymentdetail, contract administration services, transporta-tion management, and a ful complement of riskmanagement tools.
Oil and gas producers are currently facingunprecedented market volatility and complexmarketing conditions that are likely to exist intothe foreseeable future. UET is uniquely qualifiedand committed to meeting the changing needsof independent producers throughout theRockies, Gulf Coast and MidContinent Regionsof the U.S.
For information about United Energy Corp. goto: www.unitedenergycorp.com
Gregory SmithNatural Gas & CrudeOil Origination303-991-3015 (o)303-503-1857 (c)[email protected]
UNITED ENERGY TRADING LLC • Risk Management & Contract Admin.
Kristi BirdsallDirector, Risk Mgt.Ph: [email protected]
Risk Management Department
Heather KinghornContract Admin. AnalystPh: [email protected]
Marketing Analyst/Contract Admininstration
Tim PenneyMarketing & IT AnalystPh: [email protected]
Harmony CummingsMarketing AnalystPh: [email protected]
www.unitedenergytrading.com
Jennifer WilliamsMarketing AnalystPh: [email protected]
Eric SterrSenior Risk AnalystPh: 303-991-3301Fax: [email protected]
Sherry MillerMarketing AnalystPh: [email protected]
UNITED ENERGY TRADING LLC • Scheduling Department
Denver Office
Kyle Bemis Senior Gas SchedulerPh: [email protected]
Jeff Lines Senior Gas SchedulerPh: [email protected]
Matthias SchliemanGas SchedulerPh: [email protected]
Rob WilliamsDirector of Gas SchedulingPh: [email protected]
Marc AndersonSenior Gas SchedulerPh: [email protected]
Melodie DavisManager of Gas SchedulingPh: [email protected]
Tulsa Office
www.unitedenergytrading.com
UNITED ENERGY TRADING LLC • Commercial and Industrial Division
As you know, the energy market has undergone one of its most tumultuous periods everover the past 36 months and the prospects for continued volatile prices for the foresee-able future seem certain.
Consumers of natural gas are facing a time of unprecedented uncertainty which isplaying a larger and larger role in their daily operations. We at United EnergyTrading, LLC (UET) recognize the concerns of our existing and prospective customersand believe that we are in an ideal position to help those customers manage some ofthe risks that will persist in the energy marketplace.
UET provides gas supply and risk management services to industrial, wholesale,municipal and commercial gas consumers throughout the United States. Our goal is tounderstand our customers business and risk profile so we can help them build a sound,structured, collaborative approach that will mitigate their energy risks and protect themfrom price shocks that will occasionally occur. UET has assembled an experienced, toptier trading and risk management group that is active in the natural gas markets eachand every day. We complement our trading operation with quality account managersdealing directly with customers in the areas we serve. UET will help you develop a gassupply risk management program that utilizes our trading and risk management expertise.
Tulsa Office
John RoushRegional Sales ManagerOklahomaPh: [email protected]
Ken KirkRegional Sales ManagerTexasPh: [email protected]
Jerry SwartzRegional Sales ManagerKansas/MissouriPh: [email protected]
Washington Office
Justin PinoDirector of Gas Marketing8201 164th Ave. NE Suite 255Redmond, WA 98052Ph: 425-629-6231Fax: 425-629-6232Mobile: [email protected]
Paula AllenManager/Industrial Accts.8201 164th Ave. NE Suite 255Redmond, WA 98052Ph: 425-629-6231Fax: 425-629-6232
www.unitedenergytrading.com
Denver Office
Tom WilliamsPresident, UETPh: [email protected]
Randy LasaterManager, RockiesPh: [email protected]
UNITED ENERGY TRADING LLC • Wholesale Division
Through its multi-regional presence, United Energy Trading, LLC (UET)utilizes local expertise and outstanding relationships to buy and sell naturalgas throughout the United States and Canada. UET takes pride in its abilityto help energy producers and end-users effectively manage their priceand performance risk.
www.unitedenergytrading.com
Brian PottsNorthwest MarketingRepresentativePh: [email protected]
Mike HugginsGas Marketing Rep.Ph: 720-897-4746Cell: 303-489-4003Fax: [email protected]
Serafin BarayazarraGas Marketing Rep.Ph: 720-897-4745Cell: [email protected]
(see reverse side for more offices)
Tri VoMarketing AnalystGulf & Northeast [email protected]
UNITED ENERGY TRADING LLC • Wholesale Division
New York Office
Daryl DworkinDirector of North EastTrading142 Mineola Ave, Suite 3ARoslyn Heights, NY 11577Ph: 516-277-1796Fax: [email protected]
Carl KaplanDirector of North EastNatural Gas Origination33 South Service Rd.Suite 104Jericho, NY 11753Ph: 203-220-8961Fax: [email protected]
Tulsa Office
Kevin KirkDirector of Gas MarketingPh: [email protected]
www.unitedenergytrading.com
Matt HurleyVice PresidentTrading and MarketingPh: [email protected]
Rick AnderssenDirector of Tradingand MarketingPh: [email protected]
George GilbertDirector, StructuredProductsPh: [email protected]
Houston Office
Ross ShipleyDirector of Marketing &Trading Midwest RegionPh: 713-378-4961Cell: [email protected]
Jay JordanDirect or Trading andMarketing,Appalachia Region7132 Brodie BlvdDublin, OH 43017Ph: 614-202-3579Fax: 614-356-3817
Ohio Office
United Energy Trading, LLC (UET) is a fully integrated gas service companywith operations throughout the continental United States. Most recently, UETcreated a new subsidiary, United Energy Trading Canada, ULC (UETC).UET manages 100 percent of the gas operations for large and smallindustrial and commercial clients, as well as small municipalities.Additionally, UET maintains substantial accounts with both local and region-al utilities.
UET understands producer needs and concerns including well completionsand gathering negotiations. UET has experience in gas and crude oil sales,and “processing agreement” negotiations. The management of title checks,lease acquisitions, wellhead balancing, property acquisition, due diligenceand royalty issues including MMS/Royalty Distribution, also falls underUET’s broad scope of industry expertise.
Competitive AdvantageUET approaches all marketing transactions with the foundation of honesty,creativity, integrity and trust. UET strives to understand the needs of allcustomers by providing expertise pertaining to hedging requirements, dealcreation, and asset management needs. UET prides itself on developingsolid long-term relationships in its producer services portfolio as well aswholesale marketing relationships.
Key Services• Gas sales and purchasing • Royalty & interest owner disbursement• Transport management • Contract negotiation• Risk management • Due diligence• Crude oil marketing • Gas storage• Tax payments • Well Head balancing• Gathering nominations • Hourly balancing
Major MarketsUET currently has business operations in the lower 48 states and shipsnatural gas on over 50 different pipelines and gathering systems.
UET marketing regionsShared with Rainbow Gas Co. marketing regions
Pipelines:Alliance PipelineANR PipelineCarthage HubCenterPointCheyenne PlainsColorado Interstate Gas CompanyColumbia Gulf TransmissionConsumersEl Paso Field ServicesEl Paso Natural Gas PipelineEnogex Florida Gas Transmission GulfTerraGulf SouthHIOSIroquois PipelineKern River PipelineKinder Morgan Interstate Gas TransmissionLonestar Pipeline
MichconMidwestern Gas TransmissionMOPS (Northern Natural’s offshore system)Natural Gas Pipeline CompanyNicor GasNGPLNorthern BorderNorthern Natural Gas CompanyNorthwest PipelineOasis PipelineOklahoma Gas TransmissionPacific Gas & Electric Gas TransmissionPacific Gas Transmission - NWPanhandle Eastern Pipeline CompanyPublic Service Company of ColoradoPublic Service Company of New MexicoQuestarRocky Mountain PipelineSabine Hub
Sea RobinSonatSourceGas CasperSouthern California Gas CompanySouthern Star CentralTennessee Gas PipeTexas Eastern Transmission CompanyTexas Gas TransmissionTrailBlazer PipelineTransColorado Gas TransmissionTransco PipelineTranswestern Pipeline CompanyTrunklineUTOSWBIWilliams Field ServicesWyoming Interstate Company
UNITED ENERGY TRADING LLC • Company Overview