Trade-Ranger Names CEO

Energy industry veteran takes over at e-marketplace

Houston  November 27, 2002  Trade-Ranger this week named an energy sector veteran to take over as president and CEO of the oil industry e-marketplace.

John Wilson, who also will serve on Trade-Ranger's board, will assume his new responsibilities in early January but has already begun participating in the company's management, according to the e-marketplace.

Wilson's career in the global energy industry, spanning more than 20 years, includes stints in technical, operational, marketing and executive positions with Halliburton and Schlumberger. He spent seven years in executive management positions at Landmark Graphics and most recently led the Exploration Services Division at Veritas DGC Inc.

"John has the vision and management experience to lead Trade-Ranger through the next stage of its evolution and growth," said Bertrand Deroubaix, vice president of e-procurement for TotalFinaElf and chairman of the Trade-Ranger board.

Former Trade-Ranger CEO Claire Farley announced she would resign her post in May, and she was replaced by the e-marketplace's chief operating officer, Jeff Helms.

Trade-Ranger, launched in July 2000 as a joint initiative by an international group of buyer companies, serves as an electronic hub to connect buyers and suppliers in the upstream, downstream and retail sectors of the oil industry. Its services include catalog creation, electronic invoicing, auctions, electronic request for quote and information, and investment recovery.

Trade-Ranger's shareholders include ConocoPhillips, The Dow Chemical Co., Mitsubishi Corp., The Royal Dutch/Shell Group, TotalFinaElf, Unocal, Occidental Petroleum and BP. As of August, the company offered access to 1,150 suppliers.