The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

Veresen Announces Management Change

Monday, March 26, 2012

Veresen Announces Management Change20:00 EDT Monday, March 26, 2012/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/CALGARY, March 26, 2012 /CNW/ - Veresen Inc. ("Veresen") (TSX: VSN) today announced that Keith J. O'Regan has resigned as Senior Vice President, Chief Operating Officer of Veresen, effective today.  "We thank Keith for his service to Veresen during his tenure here and wish him well in his future endeavors," said Stephen White, Veresen's President and Chief Executive Officer.About Veresen Inc.Veresen is a publicly-traded dividend paying corporation based in Calgary, Alberta, that owns and operates energy infrastructure assets across North America. Veresen is engaged in three principal businesses: a pipeline transportation business comprised of interests in two pipeline systems, the Alliance Pipeline and the Alberta Ethane Gathering System; a midstream business which includes ownership interests in a world-class natural gas liquids extraction facility near Chicago, the Hythe/Steeprock gas gathering and processing complex, and other natural gas and NGL processing energy infrastructure; and a power business with renewable and gas-fired facilities and development projects in Canada and the United States, and district energy systems in Ontario and Prince Edward Island. Veresen and each of its pipeline, midstream and power businesses are also actively developing a number of greenfield projects.  In the normal course of its business, Veresen and each of its businesses regularly evaluate and pursue acquisition and development opportunities.Veresen's common shares, Series A preferred shares, and 5.75% convertible unsecured subordinated debentures, Series C due July 31, 2017 are listed on the Toronto Stock Exchange under the symbols "VSN" , "VSN.PR.A" and VSN.DB.C", respectively. For further information, please visit www.vereseninc.com.For further information: Dorreen Miller, Director Investor Relations Phone:  (403) 213-3633 Email: investor-relations@vereseninc.com www.vereseninc.com