HOUSTON, April 14, 2021 /PRNewswire/ -- Oasis Midstream
Partners LP (NYSE: OMP) (the "Partnership" or "OMP") today
announced that Daniel E. Brown,
Oasis' Chief Executive Officer, has been elected to serve on the
board of directors of the general partner of OMP, and he is
expected to be elected by the board of directors of the general
partner (the "GP Board") to serve as Chairman of the GP
Board.
Chief Executive Officer, Taylor
Reid, commented, "Oasis Midstream Partners is extremely
pleased to welcome Danny Brown to
OMP's Board of Directors. Danny brings a wealth of experience and
strong leadership capabilities from his extensive tenure at premier
upstream and midstream companies. His skill set is highly
complementary to our existing senior leadership team and puts OMP
in a strong competitive position going forward. OMP will continue
to pursue strategies to maximize unitholder value in a responsible
fashion with a strong focus on our ESG values."
Mr. Brown has 23 years of experience in the oil and natural gas
industry having spent his career with Anadarko Petroleum
Corporation, or one of its predecessors, until Anadarko was
acquired by Occidental Petroleum in August 2019. From
October 2017 to August 2019, Mr. Brown served as Anadarko's
Executive Vice President, U.S. Onshore Operations. Prior to
that position, he served as Executive Vice President, International
and Deepwater Operations beginning in May
2017; Senior Vice President, International and Deepwater
Operations beginning in August 2016;
Vice President, Operations (Southern and Appalachia) beginning in
August 2013; and Vice President,
Corporate Planning beginning in May
2013.
Mr. Brown joined Anadarko in August
2006 upon the acquisition of Kerr-McGee Corporation, where
he began his career. In addition to those positions mentioned
above, Mr. Brown held positions of increasing responsibility with
Anadarko and Kerr-McGee throughout his career in U.S. onshore and
Gulf of Mexico segments, as well
as internationally. Mr. Brown was also a director of Western
Gas Equity Partners, LP and Western Gas Partners, LP from
November 2017 to February 2019. After the February 2019 simplification of those two MLPs,
he served on the board of Western Midstream Partners, LP until
August 2019, when the
Anadarko-Occidental transaction was completed. Since
January 2020, Mr. Brown has served on
the board of Beacon Offshore Energy LLC, a private-equity sponsored
exploration and production company that is focused on the deepwater
Gulf of Mexico.
Mr. Brown is a registered Professional Engineer in the state of
Texas and serves on the board of
Junior Achievement of Southeast Texas. Mr. Brown holds a
Bachelor of Science in Mechanical Engineering from Texas A&M University and an MBA from
Rice University, where he was a Jones
Scholar Award recipient.
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that the Partnership
expects, believes or anticipates will or may occur in the future
are forward-looking statements. Without limiting the generality of
the foregoing, forward-looking statements may include the
expectations of plans, strategies, objectives and anticipated
financial and operating results of the Partnership, including the
Partnership's capital expenditure levels and other guidance
included in this press release. These statements are based on
certain assumptions made by the Partnership based on management's
experience and perception of historical trends, current conditions,
anticipated future developments and other factors believed to be
appropriate. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the Partnership, which may cause actual results to
differ materially from those implied or expressed by the
forward-looking statements. These include, but are not limited to,
the Partnership's ability to integrate acquisitions into its
existing business, changes in oil and natural gas prices, weather
and environmental conditions, the timing of planned capital
expenditures, availability of acquisitions, uncertainties in the
estimates of proved reserves and forecasted production results of
the Partnership's customers, operational factors affecting the
commencement or maintenance of producing wells, the condition of
the capital markets generally, as well as the Partnership's ability
to access them, the proximity to and capacity of transportation
facilities, and uncertainties regarding environmental regulations
or litigation and other legal or regulatory developments affecting
the Partnership's business and other important factors. Should one
or more of these risks or uncertainties occur, or should underlying
assumptions prove incorrect, the Partnership's actual results and
plans could differ materially from those expressed in any
forward-looking statements.
Any forward-looking statement speaks only as of the date on
which such statement is made and the Partnership undertakes no
obligation to correct or update any forward-looking statement,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
About Oasis Midstream Partners LP
Oasis Midstream
Partners LP is a premier gathering and processing master limited
partnership formed by its sponsor, Oasis Petroleum Inc. to own,
develop, operate and acquire a diversified portfolio of midstream
assets in North America that are
integral to the crude oil and natural gas operations of Oasis
Petroleum Inc. and are strategically positioned to capture volumes
from other producers. For more information, please visit the
Partnership's website at www.oasismidstream.com.
Contact:
Oasis Midstream Partners LP
Bob Bakanauskas, (281) 404-9638
Director, Investor Relations
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SOURCE Oasis Midstream Partners LP
