Police step up search for missing Texas executive last seen leaving New Orleans bar

By Mary Foster, AP
Monday, March 8, 2010

Police look for missing Texas exec in New Orleans

NEW ORLEANS — Police are searching the French Quarter in New Orleans and checking with businesses for surveillance videotapes of a Texas energy executive who disappeared after walking out of a Bourbon Street bar.

About 30 detectives are looking for 54-year-old Douglas Schantz. He was last seen leaving the Razzoo Bar and Patio about 2 a.m. Friday.

Police say there has been no activity on his credit cards or cell phone.

Schantz is president of Houston-based Sequent Energy Management. He was in New Orleans to give Tulane University a $25,000 gift during a reception Thursday.

After the dinner, he was with colleagues on Bourbon Street for about two hours. Mark Homestead, a senior vice president at Sequent, says Schantz did not have too much to drink and left the bar before the rest of the group.

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