EDF Trading announces senior hires for its new gas production business

EDF Trading, a wholly-owned subsidiary of EDF S.A., is pleased to announce the following senior appointments who will be responsible for creating and developing a gas production business for EDF Trading in the United States through EDF Trading Resources, LLC*. The new appointments will take effect from Monday 14th November 2011.

Brad Watson has been appointed President of EDF Trading Resources, LLC. Watson will report to Steve Lewis, Global Head of Gas, EDF Trading. He joins from United Resources, LP where he was President, responsible for managing its oil and gas operations. Prior to that, he served as the Vice President of Engineering. Watson has over 23 years experience in the oil and gas industry. Previous roles include Petroleum Engineering Consultant at Netherland, Sewell and Associates, Operations Engineer at Samson Resources and he held a variety of positions at Exxon Company, USA.

George Grunau has been appointed VP, Exploration. Grunau joins from United Resources, LP where he was Vice President of Exploration, responsible for prospect generation and coordination of United’s exploration and development efforts. Previous roles include generating prospects and directing worldwide exploration efforts for Vintage Petroleum, Senior Geoscientist for Samson Resources and Geoscientist for Exxon Company, USA.

Lloyd (Rick) Allen has been appointed VP, Operations. Allen joins from United Resources, LP where he was Operations Engineer, responsible for drilling, completion and production operations. Previous roles include Joint Venture Manager at Waggoner Barbados and he has held various technical and managerial positions at Baker Hughes in multiple international locations.

Scott Turnbull has been appointed VP, Land. Turnbull joins from United Resources, LP where he was Land Manager, responsible for leasing, acquisition due diligence, contract negotiations and all other land related functions. Previous roles include Manager of Land Administration for ARCO Permian, Land Administration Manager for Marsh Operating Company and he has held a number of positions at May Petroleum Inc.

Mike Lewis has been appointed VP, Finance. Lewis joins from United Resources, LP where he was Vice President and Chief Financial Officer, responsible for all accounting functions. Prior to that, he served as the Controller. Previous roles include Senior Financial Analyst at Newfield Exploration Company, Senior Financial Analyst at Falcon Seaboard Holdings and he held a number of positions at Greenhill Petroleum Corporation.

Grunau, Allen, Turnbull and Lewis will report to Brad Watson.

“These are great hires for EDF Trading. They are all highly respected professionals in their fields of expertise and will be welcome additions to our global gas business,” said Steve Lewis, Global Head of Gas at EDF Trading.

“I’m delighted that Brad and the team have decided to join us. They are the perfect team to develop our new gas production business which will enable us to expand our physical footprint across the US,” said John Rittenhouse, Chief Executive of EDF Trading.

*EDF Trading Resources, LLC is a wholly-owned subsidiary of EDF Trading North America, LLC.

For further information, please contact:
EDF Trading
Michele Reid, Head of Communications
Tel: +44 (0) 20 7061 4232

About EDF Trading
EDF Trading is a leader in the international wholesale energy markets. It has its own portfolio of assets which give it the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable EDF Trading to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and its third party customers, helping them to realise the value inherent in their asset portfolios.

EDF Trading is one of the largest participants in the global power, gas, coal, freight and environmental products markets. It is one of the top buyers of carbon credits from global CDM projects and has one of the most mature portfolios in the market. It is the largest importer of coal into Europe, a pioneer in the biomass market, a recognised leader in weather derivatives, one of the largest providers of market services to the wholesale gas and power sectors in North America with 16,000 MW of generation under management and the leading electricity trader in Europe.

EDF Trading is a 100% owned subsidiary of EDF, Europe’s leading electricity producer, a major player in renewable energies, a significant participant in the worldwide revival of nuclear energy with a growing presence in the natural gas industry

For more information on EDF Trading, please visit