DENVER--(BUSINESS WIRE)--May 18, 2015--
MarkWest Energy Partners, L.P. (NYSE:MWE) (“MarkWest”) today announced
that J. Mike Stice has been appointed to serve as a member of the Board
of Directors of MarkWest’s General Partner, MarkWest Energy GP, LLC. Mr.
Stice will stand for election at MarkWest’s 2016 Annual Meeting of
Common Unitholders. Mr. Stice’s professional career consists of
extensive energy and executive leadership experience. Most recently, he
served as Chief Executive Officer of the General Partner of Access
Midstream Partners L.P. and also as a Director of the General Partner
from July 2012 through February 2015, when the company was acquired.
Previously, Mr. Stice spent over four years as Senior Vice President,
Natural Gas Projects of Chesapeake Energy Corporation and President and
Chief Operating Officer of Chesapeake’s primary midstream subsidiaries.
He also spent 27 years at ConocoPhillips and its predecessor companies,
spanning numerous roles such as President of ConocoPhillips Qatar, Vice
President of Global Gas, President of Gas and Power and President of
Energy Solutions. Mr. Stice currently serves on the Board of Directors
of SandRidge Energy (NYSE: SD) and U.S. Silica Holdings, Inc. (NYSE:
SLCA). Most recently, he also served on the Board of Directors of
Williams Partners (NYSE: WPZ).
“Mike brings a wealth of industry and senior executive experience and we
are very excited to welcome him as the newest member of our board,”
stated Frank Semple, Chairman, President and Chief Executive Officer of
MarkWest. “His knowledge of the entire energy value chain and
progressive leadership expertise will further strengthen our position as
a premier growth-oriented master limited partnership.”
MarkWest Energy Partners, L.P. is a master limited partnership that owns
and operates midstream services related businesses. MarkWest has a
leading presence in many natural gas resource plays including the
Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale,
Woodford Shale and Granite Wash formation where it provides midstream
services to its producer customers.
This press release includes “forward-looking statements.” All statements
other than statements of historical facts included or incorporated
herein may constitute forward-looking statements. Actual results could
vary significantly from those expressed or implied in such statements
and are subject to a number of risks and uncertainties. Although
MarkWest believes that the expectations reflected in the forward-looking
statements are reasonable, MarkWest can give no assurance that such
expectations will prove to be correct. The forward-looking statements
involve risks and uncertainties that affect operations, financial
performance, and other factors as discussed in filings with the
Securities and Exchange Commission. Among the factors that could cause
results to differ materially are those risks discussed in the periodic
reports filed with the SEC, including MarkWest’s Annual Report on Form
10-K for the year ended December 31, 2014. You are urged to carefully
review and consider the cautionary statements and other disclosures made
in those filings, specifically those under the heading “Risk Factors.”
MarkWest does not undertake any duty to update any forward-looking
statement except as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150518005917/en/
Source: MarkWest Energy Partners, L.P.
MarkWest Energy Partners, L.P.
Frank Semple, 866-858-0482
President & CEO
Nancy Buese, 866-858-0482
VP & CFO
Josh Hallenbeck, 866-858-0482
Finance & Treasurer