Kenneth R. Olive , Jr. , President & CEO of The Clearinghouse , is Petroleum Place Energy Advisors' Chairman
DENVER and HOUSTON , Aug. 8 /PRNewswire/ -- Petroleum Place , Inc.
today announced the formation of Petroleum Place Energy Advisors L.P.
, a new Petroleum Place company that will exclusively handle negotiated transactions.
...Kenneth R. Olive , Jr. , president and CEO of The Oil & Gas Asset Clearinghouse , will serve as Petroleum Place Energy Advisors' chairman
.( Photo : http : //www.newscom.com/cgi-bin/prnh/20000925/PETROLOGO )
The negotiated transaction business was previously handled by its affiliate , The Oil & Gas Asset Clearinghouse , also a Petroleum Place company
( http : //www.petroleumplace.com/ ) is an Internet portal and property and prospect marketplace serving the upstream energy industry.
...``Separating the negotiated transaction business from the auction business will better enable both companies to grow at an accelerated rate and expand our transaction services to include full advisory services , '' stated Kenneth R. Olive , Jr. , president and CEO of The Clearinghouse and chairman of the newly formed Petroleum Place Energy Advisors. ``Rob Bilger is the ideal executive to direct this new venture