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Pritchard Capital Partners Expands Equity Research Group

Posted on: Monday, 11 August 2008, 12:01 CDT

Pritchard Capital Partners, an energy investment bank, announced today that Raymond Deacon, formerly of BMO Capital Markets, has joined the firm as a senior exploration and production energy analyst. Deacon brings 16 years of industry experience to Pritchard's equity research team, and his primary focus will be on E&P companies in the Appalachian Basin and the Rockies.

"Ray's expertise will greatly expand our firm's fundamental core strength in the E&P sector and enhance our quality of equity coverage," said Thomas Pritchard, managing partner and founder of Pritchard Capital Partners. "His proven track record of providing customers with in-depth analysis enhances Pritchard's reputation of being a leading full-service investment bank to energy companies."

Added Deacon, "I'm excited to be part of a dedicated team that will continue to drive Pritchard Capital's leadership in the energy industry and provide an enhanced strategic approach to this dynamic sector."

While at BMO Capital Markets, Deacon was the senior U.S. E&P analyst covering large-, mid- and small-cap oil and gas producers. Previously, he held senior analyst positions at First Albany (now Broadpoint), Royal Bank of Canada/Dain Rauscher and Hibernia Bank/Southcoast Capital. He holds an MBA from New York University's Leonard N. Stern School of Business, an MA from Columbia University and a BA from Colgate University and carries the CFA designation.

Deacon will be jointly based out of Pritchard Capital's New York and Washington, D.C., offices.

About Pritchard Capital Partners LLC

Founded in 2001, Pritchard Capital Partners is an independent energy investment bank and institutional financial services firm, focused on idea generation and intelligence in the oil, gas and power markets. With an emphasis across all segments of the energy sector - exploration and production (E&P), oilfield services and clean and alternative energy - Pritchard Capital Partners has quickly proven to be a recognized leader and provider of value-added financial advisory expertise in corporate finance, institutional sales and equity research.

Pritchard Capital is headquartered in Mandeville, Louisiana and has offices in Atlanta, Houston, New York and Washington, D.C. For more information, please visit www.pritchardcapital.com.

Source: Business Wire

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