BNET Industries

Market Cap:$596.4M
Last Fiscal Year Sales:$802.4M
  • Public
  • US
Co-Chief Executive Officer, Chairman of The Board
Halbert S. Washburn
Contact Information

515 South Flower Street, Suite 4800

Los Angeles, California 90071

(213) 225-5900

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

News & Analysis

breitburn energy partners lp - All News and Analysis

Decision Makers

Name (plus bio) Position
Hart Randall Co-Chief Executive Officer
Randall Breitenbach Co-Chief Executive Officer, Director
James G. Jackson Executive Vice President, Chief Financial Officer
Mark L. Pease Executive Vice President and Chief Operating Officer
Gregory C. Brown Executive Vice President, General Counsel
Chris E. Williamson Senior Vice President, Production Operations and Western Division
Jackson Washburn Willis Senior Vice President, Business Dev.
Bruce D. McFarland Vice President, Treasurer & Secretary
David D. Baker Vice President Eastern Region
Dwayne T. Stewart Vice President, Geosciences and Eastern Division
W. Jackson Washburn Vice President, Business Development
Thurmon Andress Managing Director of Breitburn Management
Dennis Graue Manager, Exploitation of Breitburn Management
Jonathan Kuespert Manager, Development and Senior Geologist of Breitburn Management
Lawrence C. Smith Controller
William Fong Engineer With Breitburn Management
Greg L. Armstrong Director
John R. Butler Director

Board of Directors

Name (plus bio) Position
Halbert S. Washburn Co-Chief Executive Officer, Chairman of The Board
Charles S. Weiss Board of Directors
David B. Kilpatrick Board of Directors
Gregory J. Moroney Board of Directors
Randall J. Findlay Board of Directors

Organization Position Status
Breitburn Energy Partners L.P. Co-Chief Executive Officer, Chairman of The Board Current
BreitBurn Energy Partners LP Chairman & Co-CEO Current
BreitBurn Energy Partners LP Board of Directors Current
Provident Energy Trust Co-Founder Former
Stanford University bachelor of science degree in Petroleum Engineering Former

Organization Position Status
Breitburn Energy Partners L.P. Co-Chief Executive Officer Current
Breitburn Energy Partners L.P. Board of Directors Current

Organization Position Status
Breitburn Energy Partners L.P. Co-Chief Executive Officer, Director Current
BreitBurn Energy Partners LP Co-CEO Former
BreitBurn Energy Partners LP Board of Directors Current
Provident Energy Trust Co-Founder Former
BreitBurn Energy Partners LP Randy Breitenbach Former
Harvard Business School M.B.A. Former
Stanford University M.S. Degree In Petroleum Engineering Former
Stanford University B.S Former

James G. Jackson has been the Chief Financial Officer of our general partner since July 2006. Mr. Jackson also has served as the Chief Financial Officer of BreitBurn Energy since July 2006. Before joining our general partner and BreitBurn Energy, Mr. Jackson served as Managing Director of Merrill Lynch & Co.'s Global Markets and Investment Banking Group. Mr. Jackson joined Merrill Lynch in 1992 and was elected Managing Director in 2001. Previously, Mr. Jackson was a Financial Analyst with Morgan Stanley & Co. from 1986 to 1989 and was an Associate in the Mergers and Acquisitions Group of the Long-Term Credit Bank of Japan from 1989 to 1990. Mr. Jackson obtained a B.S. in Business Administration from Georgetown University and an M.B.A. from the Stanford Graduate School of Business.

Organization Position Status
Breitburn Energy Partners L.P. Executive Vice President, Chief Financial Officer Current
Stanford Graduate School of Business M.B.A. Former
Georgetown University B.S. In Business Administration Former

Mark L. Pease joined BreitBurn Energy in December 2007. Mr. Pease has more than 27 years of experience in the oil and gas industry with Anadarko Petroleum, where he was a Senior Vice President responsible for all exploration and production in North America, overseeing production of approximately 330,000 barrels of oil equivalent per day with a $2.6 billion annual capital budget. During his career at Anadarko, Mr. Pease had worldwide responsibility for drilling, major project management, production technology and corporate planning as well as serving on the Executive Committee. He began his career with Anadarko in 1979 as an engineer and continued to hold positions of increasing responsibility. He was General Manager of Anadarko Algeria in 1993, Vice President, Algeria in 1998, Vice President, Engineering and Technology and Vice President, International and Alaska Operations in 2001, Vice President, U.S. Onshore and Offshore in 2002 and Senior Vice President, North America in 2004. Mr. Pease graduated from the Colorado School of Mines in 1978 with a B.S. degree in petroleum engineering. He has served on the Board of Directors for Junior Achievement of Southeast Texas.

Organization Position Status
Breitburn Energy Partners L.P. Executive Vice President and Chief Operating Officer Current
Anadarko Canada Corporation Senior, Vice President, N American Foundation Assets Current
Anadarko Petroleum Corporation Senior Vice President, E&P Technology and Services, Anadarko Petroleum Corporation Current
American Petroleum Institute Policy Committee Member Current
Anadarko Algeria Company General Manager Former
Anadarko Petroleum Corporation Division Production Engineer Former
Colorado School of Mines B.S. Degree In Petroleum Engineering Former

Gregory C. Brown joined BreitBurn Management Company as Executive Vice President and General Counsel in December of 2006. Before joining BreitBurn, Mr. Brown was the founding partner in 1981 of the Los Angeles law firm, Bright and Brown. Mr. Brown's practice at Bright and Bright was primarily within the context of the energy industry, dealing with complex transactions and litigation, environmental law, permitting, entitlements, and related issues. Mr. Brown has represented BreitBurn since its inception in the late 1980's. Mr. Brown is rated AV (highest rating) by Martindale-Hubbell and has been named for several years as a Southern California "Super Lawyer", both peer based rating systems. Mr. Brown was named as the 2006 Outstanding Lawyer by the J. Reuben Clark Law Society. Mr. Brown received his J.D. from the University of California at Los Angeles in 1976 following his receipt of his B.A. with honors, Phi Beta Kappa, from George Washington University. In addition to many community and charitable activities, Mr. Brown was elected to the City Council of La Canada Flintridge, California in 2003 and previously served as its Mayor.

Organization Position Status
Breitburn Energy Partners L.P. Executive Vice President, General Counsel Current
Maj Properties Senior Vice President Current
Bright Com, Inc. Partner Former
University of California, Los Angeles J.D. Former
The George Washington University Bachelor of Arts Former
University of California, Los Angeles Bachelor Degrees In Economics and Psychology Former

Chris E. Williamson has been Vice President of Operations of our general partner since March 2006. Since joining BreitBurn Corporation, a predecessor of BreitBurn Energy, in 1994, Mr. Williamson has served in a variety of capacities. Mr. Williamson has served as Vice President Operations from April 2005 to the present and as Business Unit Manager from 1999 to April 2005. Before joining BreitBurn Energy, Mr. Williamson worked for five years as a petroleum engineer for Macpherson Oil Company. Prior to his position with Macpherson, Mr. Williamson worked at Shell Oil Company for eight years holding various positions in Engineering and Operations. Mr. Williamson holds a B.S. in Chemical Engineering from Purdue University.

Organization Position Status
Breitburn Energy Partners L.P. Senior Vice President, Production Operations and Western Division Current
Shell Oil Company Former
Purdue University B.S. In Chemical Engineering Former

Organization Position Status
Breitburn Energy Partners L.P. Senior Vice President, Business Dev. Current
Breitburn Energy Partners L.P. Vice President, Business Dev. Former

Bruce D. McFarland has been the Treasurer of our general partner since March 2006. Mr. McFarland served as the Chief Financial Officer from March 2006 through June 2006. Since joining BreitBurn Corporation, a predecessor of BreitBurn Energy, in 1994, Mr. McFarland served as Controller and has served as Treasurer for more than five years. Before joining BreitBurn Energy, Mr. McFarland served as Division Controller of IT Corporation and worked at Price Waterhouse as a certified public accountant. Mr. McFarland obtained a B.S. in Civil Engineering from the University of Florida and an M.B.A. from University of California, Los Angeles.

Organization Position Status
Breitburn Energy Partners L.P. Vice President, Treasurer & Secretary Current
Breitburn Energy Partners L.P. Treasurer Current
IT LLC Division Controller Former
University of California, Los Angeles M.B.A. Former
University of Florida B.S. In Civil Engineering Former

David D. Baker has been Vice President - Reservoir Engineering and Central Division of our general partner since January 2008. Mr. Baker joined BreitBurn Corporation, a predecessor of BreitBurn Energy, in 1999 as a reservoir engineer. Most recently, Mr. Baker was the Manager, Reserves & Evaluations from 2007 to 2008 for BreitBurn Management. Mr. Baker was the Manager of Acquisitions from 2004 to 2007, first for BreitBurn Energy and then, for BreitBurn Management. Mr. Baker obtained a B.S. degree in Chemical Engineering from Brigham Young University.

Organization Position Status
Breitburn Energy Partners L.P. Vice President Eastern Region Current
Breitburn Energy Partners L.P. Manager Former
Breitburn Energy Partners L.P. Engineer Former

Dwayne T. Stewart has been Vice President Geosciences and Central Division of our general partner since January 2008. Mr. Stewart joined BreitBurn Energy in March 2006 as the Manager of Reserves. Mr. Stewart became the Manager of Reserves for BreitBurn Management in October 2006 and then was the Exploitation Manager, East from July 2007 to January 2008, also for BreitBurn Management. Prior to joining BreitBurn Energy, Mr. Stewart worked as a petroleum engineer for Netherland, Sewell & Associates, Inc. from 2004 to 2006 and worked at ExxonMobil Corporation for 9 years holding various engineering positions. Mr. Stewart obtained a B.S. in Chemical Engineering from Louisiana Tech University and is a Licensed Professional Petroleum Engineer.

Organization Position Status
Breitburn Energy Partners L.P. Vice President, Geosciences and Eastern Division Current
The Reserves Manager Former
Netherland, Sewell & Associates, Inc. Engineer Former
Louisiana Tech University B.S. In Chemical Engineering Former

W. Jackson Washburn has been Vice President Business Development of our general partner since August 2007. Mr. Washburn also currently serves as Vice President, Real Estate of Pro GP. Since joining BreitBurn Corporation, a predecessor of BreitBurn Energy, in 1992, Mr. Washburn has served in a variety of capacities, and has served as President of BreitBurn Land Company, LLC, a subsidiary of BreitBurn Energy, since 2000. Mr. Washburn obtained a B.A. in Psychology from Wake Forest University.

Organization Position Status
Breitburn Energy Partners L.P. Vice President, Business Development Current
Wake Forest University B.A. In Psychology Former

Organization Position Status
Edge Petroleum Corporation President, Andress, Oil & Gas Company Current
Breitburn Energy Partners L.P. Managing Director of Breitburn Management Current
BreitBurn Energy Partners LP Managing Director, Houston Current
BreitBurn Energy Partners LP Board Director Current
Enterprise GP Holdings L.P. Board Director Current
Edge Petroleum Corporation Board of Directors Current
National Petroleum Council Board Member Current
Breitburn Energy Partners L.P. Chief Executive Officer Former
Breitburn Energy Partners L.P. President Former
Edge Petroleum Corporation Compensation Committee Chairman Former
Texas Tech University B.S. In Geology Former

Dr. Dennis Graue is Manager, Exploitation of BreitBurn Management. Dr. Graue has been a Manager, Reservoir Engineering, of BreitBurn Energy since 2000. Before joining BreitBurn Energy, Dr. Graue founded and owned NITEC from 1995 to 2000. From 1978 to 1995, Dr. Graue was Senior Vice President and head of the Exploration and Producing Consulting Division. Dr. Graue obtained a B.S., an M.S. and a Ph.D. in Chemical Engineering from California Institute of Technology.

Organization Position Status
Breitburn Energy Partners L.P. Manager, Exploitation of Breitburn Management Current

Jonathan Kuespert is Manager, Development and Senior Geologist of BreitBurn Management. Mr. Kuespert has been with BreitBurn Energy since January 2001 after spending more than 19 years working in the oil and gas industry. Mr. Kuespert began his career as a Development Geologist and then an Exploration Geologist/Geophysicist for Chevron USA, focusing on California basins. More recently Mr. Kuespert was a Geological Consultant for evaluation, exploration and development projects. Mr. Kuespert holds a B.S. in Geology from Duke University, an M.S. in Petroleum Geology from Stanford University and an M.B.A from UCLA, and is both a California and a Wyoming Registered Geologist.

Organization Position Status
Breitburn Energy Partners L.P. Manager, Development and Senior Geologist of Breitburn Management Current
Stanford University M.S. In Petroleum Geology Former
University of California, Los Angeles M.B.A Former
Duke University B.S. In Geology Former

Lawrence C. Smith has been the Controller of our general partner since June 2006. Mr. Smith also has served as the controller of BreitBurn Energy since June 2006. Before joining our general partner and BreitBurn Energy, Mr. Smith served as the Corporate Accounting Compliance and Implementation Manager of Unocal Corporation from 2000 through May 2006. Mr. Smith worked at Unocal from 1981 through May 2006 and held various managerial positions in Unocal's accounting and finance organizations. Mr. Smith obtained a B.B.A. in Accounting from the University of Houston, an M.B.A. from the University of California at Los Angeles, and is a certified public accountant.

Organization Position Status
BreitBurn Energy Partners LP Controller Current
Breitburn Energy Partners L.P. Controller Current
Unocal Corporation B.V. Implementation Manager Former
University of California, Los Angeles M.B.A. Former
The University of Houston B.B.A. In Accounting Former

Dr. William Fong will be an Engineer with BreitBurn Management. Dr. Fong has been Senior Reservoir Engineer with BreitBurn Energy since 2002. Before joining BreitBurn Energy, Dr. Fong served as Advisor, Reservoir Modeling and Simulation, at Chevron from 2000 to 2002, as a Senior Reservoir Engineer at Chevron USA from 1999 to 2000, and as a Senior Research Scientist at Chevron Petroleum Technology from 1988 to 1999. Dr. Fong holds a B.S. from Cal Tech and a Sc.D. from MIT, both in chemical engineering.

Organization Position Status
Breitburn Energy Partners L.P. Engineer With Breitburn Management Current
Chevron USA, Inc. Advisor Former
California Institute of Technology B.S. Former

Charles S. Weiss was appointed to be a member of the Board of Directors of our general partner in August 2006, effective upon the pricing of our initial public offering. Mr. Weiss is a Founder and Managing Partner of JOG Capital Inc., a position that he has held since July 2002. In addition, Mr. Weiss served as Managing Director and Head of Royal Bank of Canada's Capital Markets Energy Group, a position he held from October 2002 through May 2006. From June 2001 to July 2002, Mr. Weiss pursued various investment opportunities, which included the establishment of JOG Capital Inc. Previously, Mr. Weiss was the Managing Director and Head of the Energy and Power Group with Bank of America Securities from 1998 to June 2001. Mr. Weiss obtained a B.A in Physics from Vanderbilt University and an M.B.A. from the University of Chicago School of Business.

Organization Position Status
Jog Capital Inc. Founder Current
Jog Capital Inc. Managing Partner Current
Breitburn Energy Partners L.P. Board of Directors Current
Bank of America Securities LLC Managing Director Former
Bank of America Securities LLC Head of The Energy and Power Group Former
Vanderbilt University B.A In Physics Former

Organization Position Status
PYR Energy Corporation Director of the Company Current
PYR Energy Corporation Chairman of the Board of Directors Current
Breitburn Energy Partners L.P. Board of Directors Current
We Inc Director Current
Texaco President Former
Texaco Chief Operating Officer Former
Cheniere Energy, Inc. Director of the Company and Chairman of the Audit Committee and Member of the Compensation Committee Former
Whittier College Bachelor's Degree In Geology and Physics Former
University of Southern California Bachelor of Science Degree In Petroleum Engineering Former
Whittier College Degree, Geology and Physics Former
Cheniere Energy, Inc. Member Former

Organization Position Status
Plains Marketing, LP Chairman & CEO Current
Quality Tubing Chairman and Chief Executive Officer Current
Bluewater Gas Storage, LLC Chairman and CEO Current
Ctes, Ltd. Chairman and Chief Executive Officer Current
Rolligon Corp Chairman and Chief Executive Officer Current
Plains All American Pipeline, L.P. CEO Current
Vulcan Energy Corporation Chief Executive Officer Current
Drillwell Current
Plains All American Pipeline, L.P. Chairman Current
Ctes, Ltd. Board of Directors Current
National Petroleum Council Board of Directors Current
Breitburn Energy Partners L.P. Director Current
National Oilwell Varco, Inc. Director Current
National Petroleum Council Member Current
Vulcan Energy Corporation Chief Operating Officer Former
Vulcan Energy Corporation Vice President Former
Plains All American Pipeline, L.P. General Partner Former
Vulcan Energy Corporation Corporate Secretary Former
Plains All American Pipeline, L.P. CEO Former
Plains All American Pipeline, L.P. Board Chairman Former
Vulcan Energy Corporation President Former
Pine Prairie Energy Center, LLC Chairman and CEO Former
Paa, Inc. Former
Vulcan Energy Corporation Director Former
Varco Director Former

Gregory J. Moroney was appointed to be a member of the Board of Directors of our general partner in August 2006, effective upon the consummation of our initial public offering. Mr. Moroney is a director of BreitBurn Energy, a position he has held since June 2004. Currently, Mr. Moroney is the Managing Member and Owner of Energy Capital Advisors, LLC, a position he has held since January 2003. Mr. Moroney is also a Senior Financial Consultant for Ammonite Resources LLC, a position he has held since June 2005. Mr. Moroney served as Managing Director for Deutsche Bank Securities Inc. from 1993 to December 2002. Prior to this, Mr. Moroney was with Citicorp/Citibank from 1977 to 1993 in Calgary, Toronto and New York. Mr. Moroney has a B.A. from Yale University.

Organization Position Status
Ammonite Resources Financial Consultant Current
Breitburn Energy Partners L.P. Board of Directors Current
Deutsche Bank Securities Inc. Managing Director Former
Yale University B.A. Former

Organization Position Status
National Association of Corporate Directors Director of the Houston Chapter Current
Society of Petroleum Evaluation Engineers Board of Directors Current
BreitBurn Energy Partners LP Director Current
Anadarko Petroleum Corporation Director Current
Breitburn Energy Partners L.P. Director Current
Society of Petroleum Evaluation Engineers Member Current
J. R. Butler and Company Chairman Former
Kelman Technologies, Inc. Director Former
Stanford University B.S. In Chemical Engineering Former

Organization Position Status
BreitBurn Energy Partners LP General Partner Current
Children's Hospital Foundation Chairman Current
WellPoint Systems Inc. Board of Directors Current
TransAlta Power, L.P. Director Current
Pembina Pipeline Corporation Director Current
Provident Energy Trust Director Current
Breitburn Energy Partners L.P. Board of Directors Current
Canadian Mental Health Association Director Current
Provident Energy Trust President Former
TransCanada Corp. president Former
Canadian Mental Health Association President Former
TransCanada Corp. senior vice president Former
University of British Columbia bachelor of applied science in chemical engineering Former

Executive News

  • Plains All American to acquire remaining interest in gas storage joint venture

    SNL Securities - 8/28/09 - View Story

  • Plains All American Pipeline to Acquire Remaining 50% Interest in

    Business Wire via MSN Money - 8/27/09 - View Story

  • Plains All American Pipeline to Acquire Remaining 50% Interest in Natural Gas Storage JV

    Business Wire - 8/27/09 - View Story

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     BBEP $11.30 -0.04 (-0.35% )
Average Volume 212,365
Shares Outstanding 52.78M
Market Cap 596.5M
Year High 13.19
Year Low 5.25
Earnings Per Share 2.90
P/E Ratio 3.90
Dividend 2.08
Yield 18.41
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