HOUSTON, Dec. 20, 2010 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (NYSE:NGLS) ("Targa Resources Partners" or "the Partnership"), today announced that the board of directors (the "Board") of Targa Resources GP LLC, the general partner of the Partnership (the "General Partner"), appointed James W. Whalen as Executive Chairman of the Board, effective December 15, 2010. Prior to his appointment as Executive Chairman, Mr. Whalen served as President – Finance and Administration and as a member of the Board. Mr. Whalen will continue to serve as a member of the Board, which he joined in 2007.
The Partnership also announced that the Board appointed Jeffrey J. McParland as President – Finance and Administration of the General Partner, effective December 15, 2010. Mr. McParland previously served as Executive Vice President and Chief Financial Officer.
On December 20, 2010, the Partnership also announced that the Board appointed Matthew J. Meloy as Senior Vice President, Chief Financial Officer and Treasurer of the General Partner, effective December 15, 2010. Mr. Meloy previously served as Vice President — Finance and Treasurer since March 2008, and as Director, Corporate Development of Targa Resources, Inc., the indirect parent of the General Partner, between March 2006 and March 2008.
About Targa Resources Partners
Targa Resources Partners is engaged in the business of gathering, compressing, treating, processing and selling natural gas and storing, fractionating, treating, transporting and selling natural gas liquids, or NGLs, and NGL products. The Partnership owns an extensive network of integrated gathering pipelines and gas processing plants and currently operates along the Louisiana Gulf Coast primarily accessing the offshore region of Louisiana, the Permian Basin in West Texas and Southeast New Mexico and the Fort Worth Basin in North Texas. Additionally, our natural gas liquids logistics and marketing assets are located primarily at Mont Belvieu and Galena Park near Houston, Texas and in Lake Charles, Louisiana with terminals and transportation assets across the United States. Targa Resources Partners is managed by its general partner, Targa Resources GP LLC, which is indirectly wholly owned by Targa Resources Corp. (NYSE: TRGP). Targa Resources Partners' principal executive offices are located at 1000 Louisiana, Suite 4300, Houston, TX, Texas 77002 and its telephone number is 713-584-1000.
CONTACT: Targa Resources Partners LP Investor contact: Anthony Riley, Director - Finance / Investor Relations Matt Meloy, Senior Vice President, Chief Financial Officer and Treasurer 713-584-1133