07 Feb, 2013, 09:08 ET
DALLAS, Feb. 7, 2013 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that Jesse G. Wood has been promoted to Senior Vice President of Engineering, Construction, and Operations. Mr. Wood will assume responsibility for all engineering, construction, and operations efforts in the Rockies Region. Mr. Wood has over 32 years of experience working in the Rocky Mountain region developing, building, and operating midstream facilities.
Mr. Wood began serving as Senior Vice President of Engineering, Construction, and Operations of Summit Midstream Partners, LLC ("Summit Investments") in January 2013. Prior to his current role, he served as Vice President and Regional Manager for the Rockies Region from the time that he joined Summit Investments in April 2012 until January 2013. Prior to joining Summit Investments, Mr. Wood worked for nine years as the South Rockies Midstream Team Leader for Encana, executing and operating midstream projects in the DJ, Paradox, and Piceance basins, where his teams developed midstream assets to support a 1.2 Bcf/day gathering system. Prior to Encana, Mr. Wood worked for four years as General Manager - Rocky Mountain Operations for Duke Energy Field Services and 20 years with Union Pacific Resources where he served various engineering, project management, and leadership roles developing a large midstream asset base in Wyoming, Utah, and Colorado. Mr. Wood is a graduate of New Mexico State University, where he earned a bachelor's degree in Chemical Engineering.
Mr. Wood will report to Steve Newby, President and CEO of Summit Investments. Commenting on Mr. Wood's promotion, Mr. Newby said, "Jesse is uniquely qualified to manage and execute our significant expansion in the Rockies in crude oil, water transportation, and gas gathering and processing. We are excited about the enormous growth prospects in our Rockies operating platform and the high-caliber talent, like Jesse, who are delivering on these growth initiatives."
About Summit Midstream Partners, LP
Summit Midstream Partners, LP 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 fee-based natural gas gathering and compression services in two unconventional resource basins: (i) the Piceance Basin, which includes the Mesaverde, Mancos and Niobrara Shale formations in western Colorado; and (ii) the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas. SMLP owns and operates approximately 386 miles of pipeline and 147,600 horsepower of compression. SMLP is headquartered in Dallas, TX with offices in Houston, TX, Denver, CO and Atlanta, GA.
Summit Midstream Partners, LLC ("Summit Investments") owns a 69.1% 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 is a privately held company owned by members of management, funds controlled by Energy Capital Partners II, LP, and GE Energy Financial Services, Inc. and certain of its affiliates.
Forward Looking Statements & Other Disclosures
This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws. Forward-looking statements contain known and unknown risks and uncertainties (many of which are difficult to predict and beyond management's control) that may cause our actual results in future periods to differ materially from anticipated or projected results. An extensive list of specific material risks and uncertainties affecting us is contained in our Rule 424(b)(4) Prospectus filed with the Securities and Exchange Commission ("SEC") on September 28, 2012 and other documents and reports filed from time to time with the SEC. Any forward-looking statements in this press release are made as of the date of this press release and SMLP undertakes no obligation to update or revise any forward-looking statements to reflect new information or events.
SOURCE Summit Midstream Partners, LP
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