Police seek energy executive missing in New Orleans

NEW YORK, March 8 (Reuters) - A senior executive with a major Atlanta-based energy services company has been reported missing during a business trip to New Orleans, and police said on Monday they are searching for him.

Douglas Schantz, the president of AGL Resources' AGL.N wholesale energy-trading unit Sequent Energy Management, was last seen by his friends on Friday at 2 a.m. Central Time (0800 GMT) on New Orleans' Bourbon Street strip, according to a statement from New Orleans police.

Police said Schantz' wife reported him missing on Monday morning after he missed a flight with his daughter.

Schantz became president of Sequent in May 2003.

"We are deeply concerned about Doug, and personnel from AGL Resources and Sequent have been working around the clock with law enforcement agencies to determining Doug's whereabouts," AGL's Chief Executive John Somerhalder said in a statement.

AGL is the largest natural-gas distributor in the Southeast. Sequent, based in Houston, said on its website it is currently is ranked by Platts Gas Daily magazine as the 11th-largest wholesale gas marketer in North America. (Reporting by Phil Wahba; Editing by Marguerita Choy)