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Canes Midstream Adds Energy Industry Leaders to Executive Team | Region

DALLAS–(BUSINESS WIRE)–Jun 16, 2022–

Canes Midstream LLC (“Canes”), a Dallas-based midstream company, announced today that it has added energy industry veterans Mike Hicks as Chief Operating Officer, and Dan Westcott as Chief Financial Officer. Hicks and Westcott join Scott Brown, Chief Executive Officer, to round out the Canes executive leadership team.

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Mike Hicks, Canes Midstream Chief Operating Officer (Photo: Business Wire)

“We are excited about the future of Canes as we’ve added Mike and Dan to our team and continue to grow in a fast-paced, customer-centric environment,” said Scott Brown, Canes Midstream Chief Executive Officer. “Both Dan and Mike have a long and proven history of success in the energy industry. They not only bring valuable experience and expertise in their disciplines, they embody the values, work ethic, and outside-the-box thinking skills that we hold dear at Canes.”

Mike Hicks, Chief Operating Officer

Hicks brings nearly 35 years of natural gas gathering and processing experience to Canes. Most recently, Hicks served as President of Superior Pipeline Company, where he was responsible for the performance of natural gas gathering and processing facilities in Texas, Oklahoma, Kansas, Pennsylvania and West Virginia. Prior to Superior Pipeline Company, Mike held various positions at Aka Energy Group including Executive Vice President of Operations, and President of Frontier Field Services and Lumen Midstream Services, which were all part of the Southern Ute Growth Fund. Hicks has also served as the Director of Operations for Frontier Energy, a private equity-based midstream company, prior to its acquisition by Aka. Hicks earned a Bachelor of Science degree in Chemical Engineering from the University of Tulsa.

Dan Westcott, Chief Financial Officer

Westcott brings nearly 20 years of energy experience to Canes, including eight years of executive experience at Legacy Reserves, a Midland, Texas-headquartered producer, where he first served as Executive Vice President and Chief Financial Officer, then President, and finally as Chief Executive Officer. While managing Legacy as a publicly traded master limited partnership, Westcott helped raise more than $2 billion of capital to fund Legacy’s strategic acquisitions and organic growth through debt, preferred and common equity, as well as DrillCo capital. Prior to Legacy, Westcott worked at GSO Capital Partners within The Blackstone Group for six years, investing in a broad range of debt and equity capital across the wide-ranging energy space in both the public and private markets. Westcott holds a Bachelor of Arts degree and Master of Science degree from Stanford University where he was an All-American swimmer.

Canes operates strategic midstream assets located in the Southern Midland Basin, including 520 million cubic feet per day of processing capacity, more than 800 miles of pipelines, 42 compressor stations, a crude oil gathering system, and substantial acreage dedications from a diverse group of Midland Basin-focused producers.

About Canes Midstream LLC

Headquartered in Dallas and founded in 2019, Canes Midstream LLC is a midstream oil and gas company that offers a full suite of midstream services to our customers. Financially partnered with EIV Capital and Denham Capital, the Canes management team has been focused on gas gathering and processing, crude oil gathering and operating production the majority of their careers. For more information, visit www.canesmidstream.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220616005182/en/

CONTACT: Canes Midstream LLC

Meredith Hargrove Howard

Redbird Communications Group

meredith@redbirdpr.com

210-737-4478

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ENERGY NATURAL RESOURCES MINING/MINERALS OIL/GAS

SOURCE: Canes Midstream LLC

Copyright Business Wire 2022.

PUB: 06/16/2022 08:30 AM/DISC: 06/16/2022 08:32 AM

http://www.businesswire.com/news/home/20220616005182/en

Copyright Business Wire 2022.

Read More: Canes Midstream Adds Energy Industry Leaders to Executive Team | Region

2022-06-16 07:32:20

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