Replaces

Citizens for Pennsylvania’s Future (PennFuture) recently appointed George Jugovic Jr. president and CEO. Jugovic replaces Jan Jarrett, who resigned after 13 years with the statewide environmental organization. Jugovic previously served as a senior attorney for PennFuture. Before joining the organization, he served as the southwest regional director for the Pennsylvania Department of Environmental Protection in Pittsburgh.

Railroad Commission of Texas (RRC) Commissioner Barry Smitherman was unanimously elected RRC chairman. He replaces former Chair Elizabeth Ames Jones, who left the commission to devote more time to her campaign for Texas Senate (see Daily GPI, Feb. 15). Her seat on the three-member RRC has yet to be filled. Smitherman was appointed to the RRC in July 2011. Previously he sat on the Public Utility Commission of Texas, where in 2007 he became chairman. Smitherman currently serves as Texas’ representative on the Interstate Oil and Gas Compact Commission, as vice chair of the National Association of Regulatory Utility Commissioners’ gas committee. He is on the visiting committee of the Bureau of Economic Geology with the Jackson School of Geosciences at The University of Texas at Austin, The University of Texas School of Law Center for Global Energy, International Arbitration, and Environmental Law, and the Eanes Education Foundation advisory board.

Dynegy Inc. announced Monday is has named a new interim CEO, E. Hunter Harrison, the former CEO at Canadian National Railway Co. and a current independent Dynegy director. He replaces another independent director, David Biegler, who was serving as the independent power provider’s CEO on an interim basis since Bruce Williamson resigned (see Daily GPI, Feb. 23). Biegler will continue to serve on the Dynegy board along with other independent directors Patricia Hammick, Victor Grijalva, Howard Sheppard and William Trubeck. As announced in February, these directors are not standing for reelection at the company’s annual shareholders meeting in June15. Hammick will continue as chairman of the board. A search continues by the board for a permanent president/CEO of the company. Harrison, 66, had a long career as a CEO and board member of several companies in the U.S. and Canadian companies. Four new directors joined Dynegy’s board in March (see Daily GPI, March 10) — selected by one of the company’s two major shareholders, billionaire Carl Icahn or Seneca Capital — and Harrison has ties to these new board members, according to Biegler who characterized the new interim CEO’s selection as “an important step as we execute the transition to new leadership.”

New Colorado Gov. John Hickenlooper has tapped wind energy executive Tanuj “T.J.” Deora to head the Governor’s Energy Office (GEO). Deora replaces a former state legislator, Tom Plant.

To revive his stagnant reform agenda, Mexican President Vicente Fox has reshuffled his Cabinet and replaced Energy Minister Ernesto Martens with Felipe Calderon, a former leader of the ruling National Action Party, or PAN, which now controls Congress.

To revive his stagnant reform agenda, Mexican President Vicente Fox has reshuffled his Cabinet and replaced Energy Minister Ernesto Martens with Felipe Calderon, a former leader of the ruling National Action Party, or PAN, which now controls Congress.

Following the lead of other producers verifying proved reserves and replaced production, Marathon Oil Co. said Wednesday it replaced 124% of its oil and gas production last year, excluding dispositions, at a finding and development cost of $8.78/boe.

Replacing more than 100% of its production yet again, ExxonMobil Corp. said additions to its worldwide proved oil and gas reserves totaled 1.7 billion boe in 2003, replacing 105% of production, including property sales. Excluding the property sales during the year, reserve replacement totaled 107% of production.

Following the lead of other producers verifying proved reserves and replaced production, Marathon Oil Co. said Wednesday it replaced 124% of its oil and gas production last year, excluding dispositions, at a finding and development cost of $8.78/boe.