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Oil Exec's Disappearance May Involve Foul Play: Police

An official with the New Orleans Police Department said Sequent Energy Management President Douglas Schantz's disappearance may involve foul play, Dow Jones reported on Monday.

Schantz hasn't been seen since surveillance cameras caught him leaving a popular Bourbon Street club at 2 a.m. on Friday, according to the news service. He had been in New Orleans to make a donation to Tulane University on Thursday, and never showed up to a Friday meeting.

The New Orleans Police Department's assistant superintendent Marlon Defillo told the news organization that the department is using a "tremendous amount of resources" to investigate Schantz's disappearance, and that the FBI and US Marshals have also gotten involved.

Sequent Energy is a subsidiary of AGL Resources .

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