Alex Krueger

First Reserve is an independently owned firm whose current management team, in place since 1983, collectively has more than 300 years of energy investment experience. The firm has invested $18 billion and made over 100 platform acquisitions, First Reserve is the oldest and largest buyout group to focus exclusively on a strategy of diversified energy investments. First Reserve invests in a broad range of segments within the energy industry including: (i) Oilfield Services, such as drilling service providers and wellhead equipment manufacturers; (ii) Energy Infrastructure and Power, such as firms that engineer LNG and natural gas processing facilities or produce power; and (iii) Energy Reserves, such as oil, natural gas, coal producers, as well as uranium, iron ore and other minerals. First Reserve's partnership, First Reserve Fund XI, closed with approximately $8 billion in July 2006. First Reserve funds have completed principal transactions with an aggregate total value of over $10 billion. First Reserve generally targets investments in global energy companies with enterprise values of up to $10 billion. First Reserve maintains additional offices in Houston and London.