Sequent Energy President Doug Schantz Missing in New Orleans, Company Says

by on March 7, 2010

By Samantha Zee March 7 (Bloomberg) — Douglas Schantz , president of AGL Resources Inc. ’s Sequent Energy Management, has been missing since the early morning of March 5 in New Orleans, the company said. Schantz, 54, was last seen on the city’s Bourbon Street after being out with a group of fellow employees. The group had traveled to New Orleans to make a donation to Tulane University’s energy graduate program. “Doug was due back Friday morning and hasn’t been seen since 2 a.m. Friday when he was out with a group of co- workers,” said Alan Chapple , a spokesman for AGL and Sequent, in a telephone interview. “We are working with all law enforcement officials,” he said. “We are doing everything we can to locate Doug and bring him back safely.” The New Orleans Police Department didn’t immediately return a telephone call seeking comment. Schantz was scheduled to attend a staff meeting at his office at noon on March 5 and co-workers became concerned after he failed to attend. Schantz has been president of Sequent, AGL’s asset manager serving natural gas wholesale customers, since 2003, Chapple said. Atlanta-based AGL is an energy-services company with about 2.3 million customers in six states, mostly in the southeast U.S. In addition to Sequent, it operates natural gas storage facilities and sells natural gas in Georgia under the Georgia Natural Gas brand. Schantz’s disappearance was earlier reported by the Houston Chronicle. To contact the reporter on this story: Samantha Zee in San Francisco at szee@bloomberg.net

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Sequent Energy President Doug Schantz Missing in New Orleans, Company Says

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