PRATT, Kan. -- The board of directors of Orion Ethanol LLC elected Gary C. Evans president, CEO and director Oct. 23, 2006.

Evans, 49, is the chairman, CEO and founder of GreenHunter Energy Inc., a new public renewable energy company specializing in wind, ethanol and solar projects. He is also a principal in Global Hunter Holdings, L.P., the parent of Global Hunter Securities, LLC., companies active in both direct capital investments and investment banking activities.

Orion also elected four new board members:

  • J.L. ("Butch") Meibergen, 50, is the president of Johnston Grain and Johnston Enterprises and has held such position since 1991.

  • Porter Loomis, 43, is the CEO of The Peoples Bank of Pratt, Kan., and has been since 1999. Prior to that, he was an associate with the Prudential Corporate Finance Group in Newark, N.J.

  • Wallace Stanberry, 85, has been president of Transpetco Transport Company since 1969. Stanberry is an expert in the CO2 industry, having built and managed a number of CO2 pipelines and enhanced oil recovery projects located in the U.S.

  • Jerry Nash, 46, has been a shareholder and director of Orion Ethanol LLC since its inception. Prior to that, Nash served as president and CEO of Nash Oil & Gas Inc., since 1993.

  • Orion Ethanol, through its majority-owned subsidiary Gateway Ethanol, LLC, is constructing a 55-million-gallon-per-year dry mill ethanol plant in Pratt, Kan. The Pratt facility, which is fully funded, is scheduled to begin producing in July of 2007. Each of Orion's ethanol facilities has been designed by Lurgi PSI Inc. to be expandable to 110 million gallons per year. In addition to its Pratt, Shattuck and Enid facilities, Orion has secured land and water rights for three additional ethanol facilities. Orion's corporate goal is to produce 660 million gallons of ethanol per year by 2010.

    SOURCE: Orion Ethanol LLC via PR Newswire.