Cedric Burgher Joins Quantum Energy

Cedric Burgher has joined Quantum Energy Partners as chief operating officer. He previously was CFO of KBR, a global construction and engineering group.

PRESS RELEASE

Quantum Energy Partners announced today that Cedric Burgher, 47, has been named Chief Operating Officer. The appointment was effective May 19.

In his role as Chief Operating Officer, Burgher provides leadership for financial, operational and investor activities at the firm, consults with Quantum's portfolio companies on financial and capital markets matters, and works with Quantum's investment team on potential and existing portfolio investments.

The breadth and depth of Cedric's experience across the energy industry, including senior management responsibilities in the upstream oil and gas, oil services and engineering and construction sectors, along with extensive financial and capital markets experience, will greatly enhance Quantum's ability to manage fund-level and portfolio company-level requirements, said Wil VanLoh, President and CEO of Quantum Energy Partners.

Burgher said, I am delighted to join Quantum and help build upon its impressive track record of providing added-value for its portfolio companies and delivering attractive risk adjusted returns for its investors.

Prior to joining Quantum, Burgher, a 24-year finance veteran, was senior vice president and chief financial officer for KBR, a global engineering and construction company with over 50,000 employees in 45 countries. During his tenure at KBR, the company separated from its prior parent Halliburton through an IPO and subsequent split-off transaction. Before returning to Halliburton/KBR, Burgher served as CFO for Burger King in Miami. Prior to that, he worked for Halliburton as Vice President and Treasurer as well as Vice President of Investor Relations. Burgher previously held financial management positions with Enron, EOG Resources and Baker Hughes following several years in banking. Burgher currently serves as a director and audit committee chairman for Taggart Global, LLC, a leader in coal preparation and material handling systems.

Founded in 1998, Quantum is an investment firm specializing in the energy industry with over $3.2 billion in capital under management, of which $2.0 billion is in its family of private equity funds and $1.2 billion is in its direct property acquisition fund, Quantum Resources, which it co-manages with Aspect Energy, LLC. Quantum primarily targets investments in the upstream oil and gas sector, while also considering opportunities in the midstream, service, and related energy sectors. To learn more about Quantum, please visit www.quantumep.com.