AB Resources Enhances Its Marcellus Shale Production Team
AB Resources LLC, a rapidly growing oil and gas exploration and development company, has moved to enhance the Company’s ability to produce and transport natural gas from its current and future wells in the Marcellus Shale formation. The Marcellus Shale, a gas-productive formation spread across Pennsylvania and West Virginia, has become the premier natural gas play in the Appalachian Basin. AB Resources is poised to become a leading operator in Marcellus Shale exploration, development and production.
To direct the expansion of its Marcellus Shale production and transportation capacity AB Resources has hired David L. Ishmael to serve as its Director of Midstream Operations. Mr. Ishmael will be in charge of the Company’s entire infrastructure-related operations in the Marcellus Shale. He will be responsible for the design, procurement and installation of pipelines and the location selection, construction and operation of compressor stations as well as any cryogenic plants needed to remove liquids from produced natural gas. He will also source, negotiate and manage all infrastructure-related joint ventures with industry partners in the Marcellus Shale.
Prior to recently joining AB Resources Mr. Ishmael was employed from 2007 to 2009 as Vice President of Engineering for Quicksilver Gas Service in Fort Worth, Texas. Previously he had served as the Director of Business Development & Gas Supply for Targa Resources, Inc. and held various executive positions with Dynegy Midstream Services during his 26 years of tenure ending in 2006.
“We are delighted to add an executive with Mr. Ishmael’s knowledge and experience to our professional staff,” said Gordon O. Yonel, CEO of AB Resources. “He will have overall responsibility for building and operating the midstream related facilities and pipelines needed to produce, process and transport our gas from the Marcellus Shale. The Marcellus Shale is the most exciting natural gas play to evolve in the Appalachian Basin in decades. It has the potential to produce as much as 12 trillion cubic feet of natural gas. It will, however, require a substantial infrastructure to deliver this gas to consumers. The design, construction and operation of that infrastructure will be critical to the long-term success of our Company,” Mr. Yonel continued.