Directors

The board of directors of ConocoPhillips said Thursday that it has implemented a number of changes in the management of its Exploration & Production segment. Following a brief transition period, changes in the segment will include:

El Paso Corp.’s board responded last Thursday to accusations that directors, faced with possible ouster at the company’s shareholder meeting this year, may vote out generous severance packages for displaced officers to dampen any drive by stockholders to unseat the board.

El Paso Corp.’s board responded Thursday to accusations that directors, faced with possible ouster at the company’s shareholder meeting this year, may vote out generous severance packages for displaced officers to dampen any drive by stockholders to unseat the board.

The board of directors of Calgary-based Atlas Energy Ltd. said it has approved an exploration and development capital program of approximately C$29 million in 2003, which represents an increase of C$8 million from its previously announced 2003 budget released on Dec. 9, 2002.

Duke Energy Corp.’s board of directors has elected Fred J. Fowler as president and chief operating officer, reporting directly to Chairman and CEO Richard B. Priory, the company announced Monday.

Duke Energy Corp.’s board of directors has elected Fred J. Fowler as president and chief operating officer, reporting directly to Chairman and CEO Richard B. Priory, the company announced Monday.

Plains Resources Inc. announced Monday that its board of directors has formally approved the previously announced tax-free spin-off of its oil and gas exploration and production business, Plains Exploration & Production Co. (PXP), and established Dec. 11 as the date on record for the spin-off.

Duke Energy Corp.’s board of directors has elected Fred J. Fowler as president and chief operating officer, reporting directly to Chairman and CEO Richard B. Priory, the company announced last Monday. Fowler had been the company’s group president for energy transmission since 1997, where he oversaw Duke Energy’s interstate natural gas pipelines and Duke Energy Field Services. In the “new executive role,” Fowler will be responsible for the operations of Duke Energy’s energy businesses, including Duke Power Co., Duke Energy Gas Transmission, Duke Energy Field Services, Duke Energy International, Duke Energy Trading and Marketing and Duke/Fluor Daniel, according to the Charlotte, NC-based energy company. Fowler, a veteran of the energy business for nearly 35 years, has worked at Panhandle Trading Corp., been president of Trunkline Gas Co., president of Texas Eastern Transmission Corp. and group vice president of PanEnergy Corp. Duke Energy was created in 1997 as a result of the merger of PanEnergy and Duke Power. He currently serves as chairman of the board for the Interstate Natural Gas Association of America, which represents interstate gas pipelines, and serves on the board of Texas Eastern Products Pipeline Co.

The board of directors for ISO New England (ISO-NE) and the New York Independent System Operator (NYISO) on Friday mutually agreed to withdraw their joint petition filed at FERC that proposed the creation of a Northeast regional transmission organization (NERTO) for the seven-state northeastern region.