Crestwood Announces Executive Promotions And Organizational Changes

Crestwood Equity Partners LP (NYSE:CEQP) and Crestwood Midstream Partners LP (NYSE:CMLP) (collectively "Crestwood") today announced several promotions within Crestwood's senior management team, effective immediately. Additionally, Crestwood announced a new internal organizational structure forming a Pipeline Services Group and Supply and Logistics Group. The Pipeline Services Group will consist of all Crestwood's natural gas, crude oil and water gathering systems, pipelines and compression, processing plants and natural gas storage facilities in the US. The Supply and Logistics Group will include all natural gas liquids (NGL) and crude oil marketing, terminals and fractionation facilities, crude oil and NGL transportation fleet assets, NGL storage and US Salt. Crestwood anticipates that it will continue to report financial and operating data in its existing three segment structure of Gathering and Processing, Storage and Transportation, and Crude and NGL Services.

"The purpose of the organizational realignment is to consolidate Crestwood's geographically diverse midstream assets into a single business unit covering natural gas, crude oil and water systems to enhance our ability to respond to the needs of our customers and execute on growth opportunities," stated Robert G. Phillips, Chairman, President and Chief Executive Officer of Crestwood's general partner. "Separately, combining our NGL and Crude oil marketing teams will improve utilization of our NGL and crude storage, terminal and transportation assets and create a faster growth platform as new natural gas liquids and crude oil supplies come to market. Consistent with the recently announced simplification merger, this change is designed to enhance our competitive position and to streamline Crestwood's commercial, operating and project management organization," commented Phillips.

Pipeline Service Group

Heath Deneke, formerly President of the Natural Gas Business Unit, has been promoted to Chief Operating Officer and Head of the Pipeline Services Group. Mr. Deneke has been with the Crestwood organization since August 2012. In his new role, Mr. Deneke will be responsible for the commercial development and operations of Crestwood's infrastructure assets serving the Marcellus, Bakken, PRB Niobrara, Delaware Permian, Barnett, Granite Wash, Fayetteville and Haynesville shale plays. Additionally, he will guide Crestwood's technical services, environmental, safety, regulatory compliance and supply chain teams. Mr. Deneke's previous experience includes a 17 year career at El Paso Corporation in a series of increasing executive roles including commercial and business development, project management and engineering, marketing and asset optimization. Mr. Deneke has a bachelor's degree in Mechanical Engineering from Auburn University and is based in Houston, Texas.

The following individuals in the Pipeline Services Group, reporting to Mr. Deneke, received promotions.

Brian Freed, formerly Vice President of Crude Logistics, has been promoted to Senior Vice President of Western US Commercial Operations. Mr. Freed has been with the Crestwood organization since December 2012 where he developed the Bakken Colt Hub for its predecessor company. In November 2013, Mr. Freed also assumed responsibility for the Arrow Midstream business. In his new role, Mr. Freed will have commercial responsibilities for all Crestwood's crude, natural gas, and water assets in the Western US Region including the Bakken, PRB Niobrara, and Delaware Permian shale plays. Mr. Freed brings 22 years of experience which includes senior leadership positions across multiple energy organizations, most recently with Rangeland Energy where he served as Vice President of Business Development and prior to that he founded and served as President and CEO of Entessa/Energy Solutions International before the successful sale of the Company. Mr. Freed served as an artillery officer in the United States Army after obtaining a bachelor's degree from West Virginia University and is based in Houston, Texas.

Mark Mitchell, formerly Senior Vice President of Natural Gas Business Unit, has been promoted to Senior Vice President of Eastern US Commercial Operations. Mr. Mitchell has been with the Crestwood organization since October 2013 with commercial responsibilities for Crestwood's natural gas storage and transportation assets. In his new role, Mr. Mitchell will have commercial responsibilities for Crestwood's natural gas gathering, compression, and natural gas storage and transportation assets in the Eastern US Region and the Tres Palacios gas storage joint venture. Mr. Mitchell brings 23 years of experience which includes various natural gas marketing and trading roles at Epoch Energy, El Paso Energy, Natural Gas Clearinghouse, and Coastal Corporation. Mr. Mitchell has a bachelor's degree from Rice University and is based in Houston, Texas.

Additionally, the following individuals will report to Mr. Deneke in the Pipeline Services Group: Chris Humes, Vice President of Pipeline Operations; Curt Van Hoorn, Vice President of Arrow Operations; Hugo Guerrero, Vice President of Technical Services; Miranda Jones, Vice President of Environmental, Safety and Regulatory; Darrell Hagerman, Vice President Commercial Central Area and Joey Hayles, Vice President, Supply Chain.

Supply and Logistics Group

Bill Gautreaux, formerly President of the Liquids & Crude Business Unit, has been promoted to Chief Marketing Officer and Head of the Supply and Logistics Group. Mr. Gautreaux has been with Crestwood and its predecessor companies since March 1999 and was a founding partner of Inergy LP. In his new role, Mr. Gautreaux will be responsible for consolidating Crestwood's NGL and Crude marketing activities and leading its growth strategies around the Crestwood platform including the Marcellus Utica NGL supply region; Northeast US NGL market region; West Coast NGL assets; NGL and Crude trucking and transportation assets; and Crestwood's crude marketing focus in the Bakken, PRB Niobrara and Delaware Permian regions. Mr. Gautreaux brings 28 years of experience in NGL trading and marketing having worked at Dynegy, LPG Services Group and Ferrell Gas North America in positions of increasing responsibility. Mr. Gautreaux has a bachelor's degree from William Jewell College and is based in Kansas City, Missouri.

The following individuals in the Supply and Logistics Group, reporting to Mr. Gautreaux, received promotions or new assignments.

Kevin Hall joined the Crestwood organization in April 2015 as the Vice President of Transportation. Mr. Hall brings over 28 years of experience serving most recently as Senior Vice President, Supply Chain & Continuous Improvement for Hostess Brands LLC. In his new role, Mr. Hall will be responsible for Crestwood's fleet of NGL and crude oil trucking units and rail cars. Mr. Hall's previous experience spans across multiple industries, including chemical and hazardous materials, focusing on process improvements in trucking, rail and logistics and optimizing supply chain models. Mr. Hall is trained in LEAN business optimization and Toyota Production Systems. Mr. Hall has a bachelor's degree from the University of Tennessee, with a concentration in transportation and logistics, and is based in Kansas City, Missouri.

Additionally, the following individuals will report to Mr. Gautreaux in the Supply and Logistics Group: John Powell, Vice President of Trading and Risk Management; Vance Harrington, Vice President of Facilities; Mitchell Dascher, President of US Salt; and Philip Bouillette, Vice President of Business Development.

About Crestwood Equity Partners LP

Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns the general partner interest, including the incentive distribution rights and approximately 4% of the outstanding common units of Crestwood Midstream. In addition, Crestwood Equity's operations include an NGL supply and logistics business that serves customers in the United States and Canada.

About Crestwood Midstream Partners LP

Houston, Texas, based Crestwood Midstream (NYSE: CMLP) is a master limited partnership that owns and operates midstream businesses in multiple unconventional shale resource plays across the United States. Crestwood Midstream is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation and terminalling of NGLs; and gathering, storage, terminalling and marketing of crude oil.

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