Apache Corporation Announces Appointment of Two New Midstream and Marketing Executives
April 25 2017 - 8:35AM
Apache Corporation (NYSE:APA) (Nasdaq:APA) today announced the
appointment of two new executives to its midstream and marketing
team in the Houston office. Brian W. Freed has been named
senior vice president, Midstream and Marketing, and Robert W.
(“Bob”) Bourne has been named vice president, Business
Development – Midstream and Marketing.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/e33c2b91-109a-4dae-b2e5-3b41de1b46d9
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"With our significant, multiproduct discovery at Alpine High, we
have an increased focus on midstream optimization and ensuring we
have flexibility and options to move our production to
market. Brian and Bob bring valuable experience and additional
expertise to Apache's midstream and marketing team. Their broad
product marketing skill set will be highly beneficial as we grow
Alpine High from startup to a multiproduct producing asset over the
coming years," said John J. Christmann IV, Apache’s chief executive
officer and president.
Freed will have leadership and oversight of all of Apache’s
midstream and marketing strategies, activities and business
opportunities in North America and internationally.
Bourne will have responsibility for generating and developing
new business opportunities for Apache’s Alpine High discovery,
including executing an effective midstream and marketing strategy
for Alpine High’s oil, gas and liquids production and managing
commercial aspects of transportation, storage, processing and
marketing of hydrocarbon products from Alpine High.
Freed joins Apache from Crestwood Equity Partners LP, where he
served as senior vice president of commercial operations, Western
United States from 2015 to 2017 and as vice president of crude
logistics for Inergy from 2012 to 2015, which merged with
Crestwood. In 2002, Freed co-founded and served as president
and chief executive officer of Entessa, a highly successful
software and consulting company focused in the midstream oil and
gas industry through its flagship product, Synthesis. In 2010, he
led the merger and recapitalization of Energy Solutions
International with Entessa and took the helm as chief executive
officer of the combined 150-person company with offices in seven
countries. He completed the integration of the company’s
multinational operations and facilitated a successful exit at a
material premium for shareholders when the company was sold to
Oaktree Capital. Freed remained with Energy Solutions International
as a member of the board and audit committee until the company was
sold to Emerson in 2015. In 2011, as vice president of business
development, he helped to grow midstream startup Rangeland Energy
LLC until its sale to Inergy in 2012.
Freed earned his Bachelor of Science in finance from West
Virginia University and served with honor and distinction as a
field artillery officer in the United States Army, achieving the
rank of captain. He is one of the inaugural inductees into the Army
ROTC Hall of Fame.
Bourne has had a strong focus on producer and end-user relations
and midstream business development throughout his career. He has
been responsible for commercial transactions covering thousands of
miles of pipe and associated infrastructure across the United
States’ Gulf Coast region. From 1984 to 2003, he held
positions of increasing responsibility with Shell Trading (formerly
Coral Energy), including as senior vice president of producer
services and derivative product marketing. Bourne was a founding
member of the executive leadership team that oversaw the formation
of Coral Energy, a partnership formed by Shell and Tejas/Acadian
Gas. His experience also includes serving as senior vice president
of business development for American Midstream Partners from 2014
to 2015; a principal of Costar Midstream LLC, an Energy Spectrum
Capital company from 2012 to 2014; chief executive officer of Gas
Solutions from 2010 to 2012; senior vice president of Energy
Transfer Partners responsible for commercial and business
development of the Houston Pipeline System from 2005-2009; vice
president of Crosstex Energy (now Enlink Midstream) from 2004 to
2005; and gas supply representative for Delhi Gas Pipeline from
1981 to 1984. Mr. Bourne earned his Bachelor of Science in finance
from Louisiana State University.
About Apache
Apache Corporation is an oil and gas exploration and production
company with operations in the United States, Canada, Egypt and the
United Kingdom. Apache posts announcements, operational updates,
investor information and copies of all press releases on its
website, www.apachecorp.com, and on its Media and Investor Center
mobile application, which is available for free download from the
Apple App Store and the Google Play Store.
APA-G
Contacts
Media: (713) 296-7189 Castlen Kennedy
Investors: (281) 302-2286 Gary Clark
Website: www.apachecorp.com
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