HOUSTON--(BUSINESS WIRE)--Asset Risk Management, LLC (ARM) announced today that the company now offers expanded risk management services to oil and gas producers through its new business unit, ARM Gas Marketing. The company also announced that Vincent “Vinny” McConnell has joined ARM’s senior management team as senior vice president in charge of ARM Gas Marketing.
Founded in 2004, ARM provides dynamic risk management services to public and private oil and gas producers with a focus on the development and implementation of hedging strategies. Led by Senior Vice President McConnell, ARM Gas Marketing provides natural gas marketing, transportation and asset management services delivering secure, competitively priced supplies to its markets.
McConnell was one of the first 20 employees of DYNEGY, Inc. (NYSE: DYN, formerly Natural Gas Clearinghouse). He held various managerial positions with Dynegy including senior vice president of term marketing, vice president and general manager of trading floor, senior vice president of term supply and senior vice president of natural gas liquids (NGL) marketing and trading. He has more than 25 years of experience in the energy industry and most recently served as a consultant assisting end users and LDCs in the natural gas and NGL business. Prior to joining Dynegy, McConnell held marketing positions with Union Carbide Corporation and Northern Petrochemical. He is a graduate of Villanova University, where he earned a Bachelor of Science degree in business administration.
“We are very excited about expanding our business and bringing Vinny McConnell to Asset Risk Management,” said ARM Chairman Gil Burciaga. “Our goal is to help producers grow their businesses by not only managing risk but also taking advantage of market opportunities. As a founding member of Natural Gas Clearinghouse, I have a 25-year history of working with Vinny. His expertise in this industry is second to none. As the leader of ARM Gas Marketing he will bring extraordinary value to our customer base.”
About Asset Risk Management, LLC
Headquartered in Houston
with offices in Chicago and Pittsburgh, Asset Risk Management has been
helping oil and gas producers make better hedging decisions since 2004.
ARM takes a dynamic approach to risk management by implementing
strategies that not only provide protection but also create value as the
market provides opportunity. ARM Gas Marketing focuses on physical
assets in the natural gas market. ARM represents more than 65 public and
private companies and interacts with all major energy commodity
counterparties. ARM is led by Chairman Gil Burciaga, who was a founding
member of Natural Gas Clearinghouse (now DYNEGY, NYSE: DYN), CEO Zach
Lee and President Chris Croom. The members of ARM’s executive management
team have more than 20 years of experience in the energy industry. This
experience and deep knowledge of the market distinguishes ARM in the
marketplace and enables the company to deliver faster service, dynamic
market opportunities and reliable, cost-effective marketing services.
For more information please visit www.asset-risk.com.