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Recent News Stories from PRnetwire >> News Article

Edited by Christopher Simmons, senior news editor


HOUSTON, TX, Jan. 27, 2003 /Send2Press Newswire/ -- David G. Nini, formerly president of PLS, and Andy Taurins, formerly with Waterous and Company, announced today the formation of Lantana Oil & Gas Partners (Lantana), a divestment and advisory firm focused on providing the most comprehensive service available for mid-sized oil and gas asset packages, those up to $20 million.

Through its founding partners, Lantana is able to combine quality evaluations, comprehensive marketing packages and a breadth of industry exposure that is currently unavailable in the mid-sized divestiture market.

While at Waterous, Mr. Taurins lead over $270 million in asset and corporate sales for a variety of companies and suggests, "I think David and I have the expertise and contacts to positively effect the way business is done in the mid-sized divestment market."

Partner David Nini comments, "Andy and I realized there was a significant gap in service and quality in the sub-$20 million energy divestment market. That's when we began working on the Lantana business model. We made an early commitment to bring our clients a highly-polished, credible product, with personal attention and detailed analysis normally reserved for larger deals. With this philosophy as the foundation of our business, we hope to change the expectation of this market niche."

Mr. Nini has an extensive divestiture background, as he led PLS, a company active in oil and gas property divestments, publications and conferences, for the last year and prior to that spent several years at Torch Energy Advisors in its A&D group.

ABOUT LANTANA OIL & GAS PARTNERS Lantana is a full service energy divestiture and advisory firm focused primarily on domestic (U.S.) onshore and offshore oil and gas properties. Lantana offers a complete transaction evaluation for companies interested in divesting oil and gas properties, from initial consultation to closing the deal. The company is headquartered in Houston, Texas.

Source of news: Lantana Oil & Gas Partners

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DISCLAIMER: the above news article is believed accurate but not guaranteed, and is based on news supplied by the company or organization mentioned and/or quoted in the story. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. Reproduction of this news article in any form requires written authorization — use of the raw text version of the news has no restrictions other than you may not post our news on a website which offers either PR or newswire services, or Internet Promotion services..   TERMS OF USE

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