Quantum Energy Partners Names Garry Tanner as Managing Director and Head of Upstream Oil and Gas

HOUSTON, TX--(Marketwire - May 10, 2010) - Quantum Energy Partners, LLC (Quantum), a leading provider of private equity to the energy industry, is pleased to announce that Garry Tanner has joined as Managing Director. He will lead Quantum's strategy and investment efforts in the upstream oil and gas sector bringing over 25 years of commercial, technical and operating experience throughout the U.S. and Canada.

In announcing the addition to the Quantum team, Wil VanLoh, Quantum's President & CEO, stated, "Garry will be a great asset to the entire Quantum organization and we are extremely excited about welcoming him to the firm. He is a successful and seasoned oil and gas executive with strong commercial and transactional skills, who also has a very deep understanding of the private equity industry. His hiring further complements our existing team and highlights our fundamental belief that to generate the best risk-adjusted returns as an investor in the energy sector, it is essential to have an organization whose senior investment professionals collectively possess financial, technical, operational and managerial expertise."

Prior to joining Quantum, he served as Executive Vice President and Chief Operating Officer at Enerplus Resources Fund (TSX: ERF.UN), a Canadian public royalty trust where he was instrumental in growing the company from a small, financially driven enterprise to a large, technically driven company with top sector returns. From 2000 to 2006, through a combination of acquisitions and development drilling, he grew Enerplus' net daily production 100% from 50,000 Boepd to 100,000 Boepd, while increasing its market capitalization 300% from CDN$2 billion to CDN$8 billion. In response to tax law changes impacting the Canadian royalty trust sector at the end of 2006, he helped lead Enerplus' transition from a royalty trust to an early stage resource play-focused company with a meaningful presence in the Marcellus, Bakken and other resource plays. Prior to joining Enerplus, Garry served as a Senior Vice President of a U.S. based energy private equity fund where he initially worked in its Houston office and then opened and ran the firm's investment office in Calgary. From 1984 to 1997, Garry worked for Exxon Company USA where he served in a variety of engineering, operational and management positions. 

About Quantum Energy Partners
Founded in 1998, Quantum Energy Partners is a leading provider of private equity to the global energy industry with more than $5.7 billion of assets under management. Quantum remains committed to the same investment strategy and philosophy it has successfully refined since its founding, currently targeting investment opportunities between $100 million and $400 million with proven management teams that possess a clear vision and whose companies have sustainable competitive advantages within well-defined segments or strategies in the energy industry. Quantum primarily focuses on the oil and gas upstream, midstream and power sectors, but considers opportunities across the entire energy industry.

To learn more about Quantum Energy Partners, please visit Quantum's website at www.quantumep.com. For investor relations, please contact Michael Dalton at (713) 452-2000.

Contact Information:

Contact:
Michael Dalton
(713) 452-2000