EnLink Midstream Names New Senior Vice President – Finance and Corporate Development
November 18 2014 - 5:00PM
Business Wire
The EnLink Midstream companies, EnLink Midstream Partners, LP
(NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC
(NYSE:ENLC) (the General Partner) (together “EnLink”), today named
Benjamin D. Lamb to the position of Senior Vice President - Finance
and Corporate Development, effective immediately. In his new role,
Mr. Lamb will continue to lead mergers, acquisitions and financing
transactions for EnLink. He will also partner with the Gas and
Liquids Business Units to identify and execute development projects
that support EnLink’s overall growth strategy.
Prior to joining Crosstex Energy, EnLink’s predecessor, in 2012,
he worked in the investment banking industry, focusing on clients
in the energy industry. Mr. Lamb earned a Bachelor of Business
Administration degree in finance, economics and international
business from Baylor University.
“Ben’s financial expertise and broad experience in energy
transactions make him uniquely qualified to lead a team focused on
generating opportunities to help us double the size of the company
by 2017,” said Barry E. Davis, EnLink’s President and Chief
Executive Officer. “He has been an important part of the
development and execution of the $1 billion of growth projects that
we recently announced. I am confident he will continue to make
major contributions to the future success of EnLink.”
About the EnLink Midstream Companies
EnLink Midstream is a leading midstream provider formed through
the combination of Crosstex Energy and substantially all of the
U.S. midstream assets of Devon Energy. EnLink Midstream is publicly
traded through two entities: EnLink Midstream, LLC (NYSE: ENLC),
the publicly traded general partner entity, and EnLink Midstream
Partners, LP (NYSE: ENLK), the master limited partnership.
EnLink Midstream’s assets are located in many of North America’s
premier oil and gas regions, including the Barnett Shale, Permian
Basin, Cana-Woodford Shale, Arkoma-Woodford Shale, Eagle Ford
Shale, Haynesville Shale, Gulf Coast region, Utica Shale and
Marcellus Shale. Based in Dallas, Texas, EnLink Midstream’s assets
include approximately 8,800 miles of gathering and transportation
pipelines, 13 processing plants with 3.4 billion cubic feet per day
of net processing capacity, seven fractionators with 252,000
barrels per day of net fractionation capacity, as well as barge and
rail terminals, product storage facilities, brine disposal wells,
an extensive crude oil trucking fleet and equity investments in
certain private midstream companies.
Additional information about the EnLink Midstream companies can
be found at www.EnLink.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws. These statements are
based on certain assumptions made by the Partnership and the
General Partner based upon management's experience and perception
of historical trends, current conditions, expected future
developments and other factors the Partnership and the General
Partner believe are appropriate in the circumstances. These
statements include, but are not limited to, statements about future
financial and operating results, objectives, expectations and
intentions that are not historical facts. Such statements are
subject to a number of assumptions, risks and uncertainties, many
of which are beyond the control of the Partnership and the General
Partner, which may cause the Partnership's and the General
Partner’s actual results to differ materially from those implied or
expressed by the forward-looking statements. These risks include,
but are not limited to, the failure to consummate the transaction
due to unsatisfied closing conditions, the risk that new assets
will not be successfully integrated or that such integration will
take longer than expected, the failure to achieve expected
synergies, regulatory, economic and market conditions and other
risks discussed in the Partnership's and the General Partner’s
filings with the Securities and Exchange Commission. The
Partnership and the General Partner have no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise.
EnLink MidstreamJill McMillan,
214-721-9271Director of Communications and Investor
RelationsJill.McMillan@enlink.com
EnLink Midstream Partners, LP (NYSE:ENLK)
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