NEWS RELEASE

HOUSTON (December 26, 2019) – ION Energy Group, the largest natural gas options broker in the world and a portfolio company within leading independent interdealer broker OTC Global Holdings (OTCGH), today announced the establishment of a physical freight brokerage desk and the addition of former trader Patrick Gorgue as desk head.

“Patrick brings unparalleled experience to this new opportunity and comes to ION at an exciting time,” said Sid Perkins, founder and managing partner of ION Energy Group. “As we look to expand our footprint, we need to hire experienced individuals like this who can grow specific new areas of our business. We look forward to seeing Patrick replicate his previous successes in the physical global markets he’ll be focused on.”

Prior to joining ION Gorgue worked at Vitol for eight years and ran the firm’s LPG desk in their Houston office. In addition, he traded European LPG for Morgan Stanley in London and worked at Louis Dreyfus in Houston and Wilton, Conn.

“I am eager to get to work with Sid and my new colleagues to build out the product and freight brokerage desk focused on international LPG markets,” added Gorgue. “The tremendous growth of these markets lately is just the beginning, and they present incredible opportunities for an industry leader like ION.”

For more information about OTCGH and ION Energy Group visit www.otcgh.com. To contact Gorgue directly please use: gorgue.p@ionenergygroup.com / (713) 358-5450 / gorguep3 (ICE Chat).

About ION Energy Group

Founded in 2008 by Sid Perkins and based in New York, London and Houston, ION Energy is a portfolio company of OTC Global Holdings and a brokering group of EOX Holdings that offers clients brokering services and expertise in natural gas liquids (NGL), product options and the natural gas and crude markets.

Contact: Amy West
Pierpont Communications
(713) 627-2223
awest@piercom.com