CURRICULUM VITAE Arthur W. Gelber Principal, Gelber & Associates agelber@gelbercorp.com TEL 713/655.7000 FAX 713/655.1623 712 Main Street, Suite 1710 Houston, TX 77002 I. SUMMARY Arthur W. Gelber is President of Gelber & Associates, headquartered in Houston, Texas, an energy consulting and advisory firm supporting its clients risk management, energy procurement and market strategies and the impact of commercial, regulatory and policy activities upon them. Gelber & Associates, through its Least Cost Purchasing Practices platform operates as a virtual energy risk management department for consumers looking for an outsourced solution to risk management. Gelber s has been recognized in many global media outlets including CNN and CNBC as well as in print publications such as Forbes Magazine, The Economist Magazine, Business Week, New York Times, The Wall Street Journal and others. Gelber s past and present clients include North America s largest regulated utilities and regulating State PUCs, Fortune 500 and mid-cap industrial companies, natural gas producers and energy service companies. Gelber & Associates is immersed in various aspects of the energy markets including supply and demand analysis, exploration and alternatives, regulatory matters, pricing, transactions and litigation support. Mr. Gelber plays an active role in clients evaluation of fuel supply, power sales strategies and alternatives. The firm s collaborative functions include: Utility and Industrial Procurement Activities Oil and Gas Producers Hedging and Financing Consulting Natural Gas, Crude Oil and Electric Power Price Risk Management Consulting Expert Witness and/or Consulting Energy Regulatory Client Support Energy Project Evaluation and Environmental Impacts Public Policy Evaluation of Drilling Impacts in Various Regional Supply Basins Dodd Frank QIR licensed and compliant Liquefied Natural Gas (LNG) Prior to Gelber & Associates, Arthur was employed at Conoco Inc. as a staff geologist and geophysicist working in geologic evaluations in Texas. Before Conoco, Gelber engaged in geologic evaluations in Idaho
working for Mitchell Energy Company (now Devon). Arthur received his Bachelor of Arts degree in geology from Colorado College in Colorado Springs, Colorado, and his Master s degree in geology and geophysics from Rice University in Houston. Arthur has been an active participant in the domestic and global natural gas, oil and LNG markets since 1980. II. EDUCATION & PROFESSIONAL EXPERIENCE EDUCATION 1981 B.S., Geology Colorado College, Colorado Springs, CO 1985 Masters in Structural Geology And Seismic Stratigraphy Rice University, Houston, TX OCCUPATION 1980 Mitchell Energy and Development Denver, CO Geologist Generated oil and gas prospects in the Wyoming and Idaho Overthrust region 1981 Wiltshire Exploration Adelaide, Australia Exploration Geologist Well site geology in the Moomba Basin of the Australian Outback 1982 Gulf Oil Co. Houston, TX Associate Engineer Oil and gas well engineering 1983-1984 Mason Exploration Houston, TX Exploration Geologist Exploration geology in Texas and Louisiana 1985-1989 Conoco Inc. and DuPont du Nemours Houston, TX Geologist & Project Manager Generated oil and gas prospects in south Texas using such modern exploration technique as AVO analysis, 3D seismic displays, and multi-attribute seismic analysis; created and managed the trading book for Persian Gulf Crude oil operation; managed the trading book of North Sea trading activities and U.S. Gulf Coast refinery supply; managed the finances of the Oklahoma crude oil and product pipelines 1990-1998 Gelber Group, Inc. Houston, TX Vice President and Branch Manager Leading executive in the company s energy interests, also serving as Senior Manager in the Houston Division; Simultaneously managed a brokerage enterprise and a natural gas marketing business with a total of 16 employees and 80 core customers; Combined net revenue of $1.2 million on $25 million in sales; Leadership role in the formation of a viable futures market for natural gas, as well as created many innovative natural gas energy products widely used in the today s unregulated energy market
1994-1997 Gelber Gas, Inc. Houston, TX Principal and Operations Officer Petroleum and natural gas exploration and production company with drilling and production operations is Texas. Managed all investment, drilling and asset sales activities. 1994-1997 GGR Energy Houston, TX Principal and Head Trader Natural gas trading firm buying and selling commodity into markets in the northeastern, and southwestern United States managing pipelines transportation, storage suppliers, end-users clients and credit facilities 1998 - Present Gelber & Associates Corp. Houston, TX President & Principal Energy Consulting and Advisory firm 2006-2010 OriginEight Capital Management Houston, TX Auxo Energy Fund General Partner Energy-centric investment fund 2007-2011 NorthEast Energy/Calais LNG Houston, TX/Cutler, Maine Principal & Development Manager Liquefied Natural Gas Import Terminal Project. Managed $26 million budget and oversaw environmental, engineering, and regulatory activities 2011 - present Gelber Energy LLC Houston, TX Principal & Development Manager Energy related private equity and business incubation. Projects in process are LNG export development, LNG for U.S. truck fuel, oil and natural gas land acquisition and development, natural gas utility purchase/sale, energy trading fund sponsorship, nano fuels technology development III. EXPERT & REPRESENTATIVE ENGAGEMENTS Public Sector Activities Special Entity compliance practices under the Qualified Investment Representative (QIR) requirements 23.450 of the Dobb-Frank regulations for public utility companies Actively involved in energy policy decision-making in the State of Missouri through involvement with the Missouri Public Service Commission Actively involved in energy policy decision-making in the State of Arizona through the Arizona Corporation Commission Testimony before the Louisiana Public Service Commission regarding the management of the forward natural gas procurement portfolio Offered testimony before the Federal Energy Regulatory Commission (FERC) regarding natural gas storage reporting Participation in an industry task force reporting to the U.S. House Permanent Subcommittee on Investigations analysis of energy markets manipulation
Litigation Support Wasatch Energy Operation vs. NM&O Operating Company (natural gas),1999 United States of America vs. Todd Geiger (natural gas), 2003 United States of America vs. Michelle Valencia (natural gas), 2007 Power Operators Inc. vs. Sprague Energy (natural gas), 2003 Swindler Berlin (Washington D.C.) Nitrogen Producers Study Group: effort to eradicate natural gas market manipulation (natural gas) Cotton Valley Compression, Gaither Petroleum, JMI Inc. vs. Reliant Energy Services Inc., Reliant Energy Inc., Reliant Resources, Inc. (natural gas) Williams Energy Marketing & Trading vs. Gulfmark Energy Marketing Inc. (crude oil) Utility Choice Electric vs. Centerpoint Energy Inc. and Texas Genco, LP (power) Weirton Steel vs. ChevronTexaco (natural gas) Russel Gibaut vs. Duke Energy (natural gas) United States of America vs. Michael Whalen (Criminal Pre-indictment)(natural gas) Commodity Futures Trading Commission (CFTC) vs. Michael Whalen (Civil) (natural gas) Sungard Data Systems vs. Infinite Software of Texas et.al. (energy trading software infringement) Varco LP vs. NUS Energy Consultants and the National Utility Service (power) United States of America vs. Jerry Alfred Futch Jr. (natural gas) Security and Exchange Commission vs. Tamela Pallas and others (natural gas) Union Oil Company of California vs. Mobil Pipe Line Company (crude oil pipeline) U.S. Commodity Futures Trading Commission vs. Shawn McLaughlin and Concord Energy, LLC and others (natural gas) AEP Energy Services Gas Holding Company vs. Bank of America, NA (natural gas storage) U.S. Commodity Futures Trading Commission vs. John Tracy el.al. (natural gas) David A. Geubelle vs. Irish Exchange I, Inc. (natural gas) Preparation consultation to the Industrial Energy Consumers of America for presentation before the US Senate Permanent Subcommittee on Investigations (natural gas) Shell Trading(U.S.) Company vs. Lion Oil Trading & Transportation (crude oil), 2010 Signal Hill and Carpinteria Offshore Project Partnership vs. Macquarie Bank Limited(crude oil), 2010 Trustees of the BD Unsecured Creditors Trust vs. Harold Sergent, Ira Genser, Larry Tate, and Alvarez & Marsal NA LLC (coal), 2011 and 2013 GAF Materials vs. Paramount Petroleum (crude oil), 2013 IV. MERGERS AND CURRENT PROJECTS Gap Analysis and Best Practices recommendation for CF Industries Power plant construction and capacity enhancement project with global petrochemical producer Energy Trading Software Selection and Implementation for an industrial manufacturer Due Diligence Services, NiSource Acquisition of Perry Trading Due Diligence Services, Ritchie Capital s Proposed Acquisition of Concord Natural Gas Market Analysis and Due Diligence Services for MBH Enterprises potential investment into a gas and oil trading company Gap analysis for TVA in regards to FERC Order 670
V. PUBLICATIONS Two Price Forecast For Winter 2004/2005, Pipeline & Gas Journal, January 2005 The National Natural Gas Crisis: Why We Should All Be Concerned, Pipeline and Gas Journal, August 2003 Industry Changes After Enron, Gas and Power Marketing, March/April 2002 Natural Gas Expected to Average $3.05 to $3.15 for 2003, Pipeline and Gas Journal, December 2002 Depositional Setting and Regional Relationship of Basinal Assemblages: Pershing Ridge Group and Fencemaker Canyon Sequence in Northwestern Nevada, John S. Oldow, Arthur Gelber and Richard Bartell, Geological Society of America, July 1989 Structure and Stratigraphy of the Mystery Ridge Sequence, West Central Nevada, Rice University Press Thesis, May 1985. The Pine Nut Fault Zone: A Mesozoic Transpressional Fault System in West-Central Nevada, J.S. Oldow and Arthur W. Gelber 1987, Geological Society of America Cordillera Section, Abstracts with Programs 83 rd Annual Meeting, Hilo, Hawaii