KSLA News 12 Shreveport, Louisiana |Body found near where missing executive last seen

Body found near where missing executive last seen

Associated Press - March 9, 2010 1:34 PM ET

NEW ORLEANS (AP) - A Texas-based nonprofit group that has been searching for a missing oil executive in New Orleans has found a body.

Tim Miller, president and founder of Texas Equusearch, said the unidentified body was found Tuesday in the Mississippi River, "very, very near" the spot where 54-year-old Douglas Schantz, president of Houston-based Sequent Energy Management, was last spotted on a security video Friday morning.

It was not known if the body was that of Schantz. Miller said Schantz's brother was to help with the identification.

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