G2X Energy Augments Leadership Team

Brent Gwaltney Joins G2X as Chief Operating Officer

Mar 12, 2014, 15:01 ET from G2X Energy, Inc.

HOUSTON, March 12, 2014 /PRNewswire/ -- G2X Energy, Inc. ("G2X") today announced that Brent Gwaltney has joined the Company as Chief Operating Officer.  Mr. Gwaltney will oversee all aspects of the Company's current and future natural gas to methanol and gasoline plants. This oversight will include the Pampa Fuels methanol facility located in Pampa, Texas, which is currently under construction, as well as augmenting the development team in the development of the Big Lake Fuels natural gas to gasoline facility located in Lake Charles, Louisiana. Mr. Gwaltney will also be responsible for managing the relationships with technology and engineering providers including the Proman Group, Johnson Matthey and ExxonMobil Research and Engineering.

"Brent brings over 20 years of petrochemical industry experience to G2X and has an extensive background in petrochemical facilities, most recently as Senior Vice President-International Investments of Koch Fertilizer (a division of Koch Industries).  Due to G2X's imminent commencement of operations in Pampa and continued growth at Lake Charles, I believe that Brent's addition will significantly strengthen our senior management team and support our growth as we continue to leverage the competitive advantage offered by low cost shale gas," stated Tim Vail, President and CEO of G2X.

Mr. Gwaltney has spent the majority of his two and one half decade career involved in the management, construction, operation and financing of world-scale petrochemical facilities.  Prior to joining G2X Energy, Mr. Gwaltney was responsible for managing and developing Koch's foreign investments in nitrogen production facilities. Together with internal and external legal counsel, Mr. Gwaltney also drove the legal claim and negotiation process against the Bolivarian Republic of Venezuela related to an expropriation of the world-scale nitrogen manufacturing facility.  Preceding the role at Koch's headquarters, he was a member of the executive management team and Chief Financial Officer of FertiNitro in Jose, Venezuela where he focused on construction transition, debt renegotiation, lender and rating agency relationships, and a complex post-construction arbitration claim.

Brent holds a Master of International Management (MBA) from Thunderbird School of Global Management and a Bachelor of Arts in Economics, Accounting and Business Administration from Augustana College.

About G2X Energy, Inc.
Houston-based G2X Energy develops, owns and operates production facilities that convert natural gas to methanol and/or drop-in automotive gasoline. Transforming gasoline production by leveraging existing infrastructure and proven conversion technologies, G2X meets the demand for cost-competitive, fuels and chemicals using abundant, clean, domestic natural gas. For more information visit www.G2XEnergy.com or call (713) 943-2200.

SOURCE G2X Energy, Inc.