NEW YORK, May 31 /PRNewswire/ -- Dahlman Rose & Co., LLC, a leading
investment bank specializing in marine transport, energy, natural resources
and related industries, today announced the launch of its Exploration &
Production (E&P) and Oilfield Service investment banking group. The new
group will be headquartered in New Orleans, Louisiana.
Simon Rose, Chief Executive Officer at Dahlman Rose, stated, "We are
pleased to further expand our investment banking services to include a
group initially dedicated to the E&P market and Oilfield Service. Our
decision to locate this new group in New Orleans reflects the city's long
tradition serving energy companies and status as an important energy port
city. We are committed to support the growth of E&P and Oilfield Service
companies as we further our strategy of providing value-added investment
banking services to leading companies that operate along the energy supply
The Company also announced that it has named Stanley E. Ellington, Jr.
as Managing Director to head the new E&P and Oilfield Service investment
banking group, effective immediately. Mr. Ellington, joins Dahlman Rose
with more than 30 years of experience in the energy industry. In the new
position, he will be responsible for overseeing the E&P and Oilfield
Service group that will provide investment banking services, including
public offerings of equity, private placements of equity and debt,
financial advisory, and merger, acquisition, and divestiture services.
Previously, he served as Managing Director, Corporate Finance for Capital
One Southcoast, Inc., where he successfully raised equity capital for
various energy companies. Prior to that, he was Vice President and Chief
Financial Officer at Production Management Companies, Inc, a privately-held
oilfield services company, for ten years and was also a member of the
company's Board of Directors. Mr. Ellington received a MBA from Tulane
University and completed his undergraduate degree at Louisiana State
University in Baton Rouge.
In addition to Mr. Ellington, Dahlman Rose has appointed Michael R.
Uffman and Earl A. Stolz, III as Vice Presidents, Investment Banking in the
E&P group. Both Mr. Uffman and Mr. Stolz previously served under Mr.
Ellington at Capital One Southcoast's investment banking division. Mr.
Uffman received a MBA in Finance and completed his undergraduate degree at
Louisiana State University in Baton Rouge. Mr. Stolz received a MBA in
Finance and Entrepreneurship from Tulane University's Freeman School of
Business and completed his undergraduate degree at Stanford University.
"We are delighted Stan and his talented team will join our Company as
we further solidify our commitment to the E&P and Oilfield Service
markets," said Ernie Dahlman, President at Dahlman Rose. "Combined, our new
E&P and Oilfield Service banking group brings more than 50 years of
industry expertise to Dahlman Rose and the energy capital markets. We are
confident their extensive experience and strong industry relationships will
add considerable long-term value for our growing client base."
"My team and I look forward to working with Simon and Ernie, and the
rest of the staff at Dahlman Rose," commented Stanley Ellington, Jr.
"Dahlman Rose has established an extremely strong reputation in the energy
industry. We are excited by the opportunity to build on the Company's
success and grow an investment banking practice serving global energy
About Dahlman Rose & Co., LLC
Dahlman Rose & Company, LLC (MEMBER: NASD/SIPC) is a leading investment
bank that offers exceptional research, trading and investment banking
capabilities across the entire capital structure to clients in the U.S. and
globally. The firm provides performance for its clients through its sector
specialization, and its personnel are attuned to the important day-to-day
drivers in daily share price movement. The Dahlman Rose team specializes in
verticals within the energy sector, including marine shipping and offshore
services, exploration and production, Oilfield Service, and electric
utilities. Our team has cultivated a thorough understanding of these
industries and their drivers by leveraging relationships with an extensive
roster of company management and industry contacts.
SOURCE Dahlman Rose & Co., LLC