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Summit Midstream Partners, LP Announces New Board Member

Stocks in this article: SMLP









DALLAS, Aug. 14, 2013 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today the appointment of Mr. Robert Wohleber to the board of directors (the "Board") of SMLP's general partner.  Mr. Wohleber was appointed to the Board on August 5, 2013 and will serve as a member of the Board's conflicts committee, compensation committee and audit committee.

(Logo: http://photos.prnewswire.com/prnh/20120927/MM82470LOGO)

Mr. Wohleber served as Senior Vice President and Chief Financial Officer of Kerr-McGee Corporation, an oil and gas exploration and production company, from December 1999 to August 2006.  He also served as Senior Vice President and Chief Financial Officer of Freeport-McMoran, Inc., one of the largest phosphate fertilizer producers in the United States, from 1996 to 1998.  Mr. Wohleber has a B.B.A. from the University of Notre Dame and an M.B.A. from the University of Pittsburgh. 

Steve Newby, SMLP's President and Chief Executive Officer said, "Bob brings an extensive energy industry background to the Board, with a particular focus on exploration and production.  I am confident that his unique background will be a valuable asset to Summit and enable us to enhance our midstream services to our customers."

About Summit Midstream Partners, LP

SMLP is a growth-oriented limited partnership focused on owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in North America.  SMLP currently provides primarily fee-based natural gas gathering and compression services in four unconventional resource basins: (i) the Piceance Basin, which includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in western Colorado; (ii) the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas; (iii) the Williston Basin, which includes the Bakken and Three Forks shale formations in northwestern North Dakota; and (iv) the Appalachian Basin, which includes the Marcellus Shale formation in northern West Virginia.  SMLP owns and operates 757 miles of pipeline and 181,200 horsepower of compression.  SMLP is headquartered in Dallas, TX with offices in Houston, TX, Denver, CO and Atlanta, GA.

About Summit Midstream Partners, LLC

Summit Midstream Partners, LLC ("Summit Investments") owns a 71.6% limited partner interest in SMLP and owns and controls the general partner of SMLP, Summit Midstream GP, LLC, which has sole responsibility for conducting the business and managing the operations of SMLP.  Summit Investments also owns, operates and is developing various crude oil, natural gas, and water-related midstream energy infrastructure assets in the Bakken Shale Play in North Dakota, the DJ Niobrara Shale Play in Colorado, the Uinta Basin in Utah, and the Piceance Basin in western Colorado.  Summit Investments is a privately held company owned by members of management, funds controlled by Energy Capital Partners II, LLC, and GE Energy Financial Services, Inc. and certain of its affiliates.

 

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