L to R: Bryan Danmier, EnCap Flatrock's Vice President of Engineering; Bill Waldrip, Managing Partner, EnCap Flatrock; Chris Keene, Rangeland Energy's President & CEO.
14100 Southwest Freeway, Suite 220
Sugar Land, Texas 77478
281.566.3000 Phone
281.242.6348 Fax
www.rgldenergy.com
L to R: Bryan Danmier, EnCap Flatrock's Vice President of Engineering; Bill Waldrip, Managing Partner, EnCap Flatrock; Chris Keene, Rangeland Energy's President & CEO.14100 Southwest Freeway, Suite 220
Sugar Land, Texas 77478
281.566.3000 Phone
281.242.6348 Fax
www.rgldenergy.comFounded in 2009, Rangeland Energy, LLC targeted development and acquisition opportunities in North Dakota's emerging Bakken oil-shale play in North Dakota. The company developed the COLT Hub, North Dakota's largest open-access crude oil loading terminal. On December 7, 2012, Inergy Midstream, L.P. (NYSE: NRGM) completed the acquisition of the COLT Hub and related assets, for $425 million.
Rangeland Energy is targeting similar opportunities in the emerging shale plays and more traditional crude oil producing areas across the country, striving to become the first choice of small and medium-size producers for midstream solutions. In March 2013, Rangeland announced the acquiaition of 770 acres in Eddy County, New Mexico where the company will develop a large terminal facility designed to handle crude oil, frac sand, pipe, and other products.
Rangeland Energy's management team has a strong track record of developing, constructing, acquiring, operating, optimizing and expanding both greenfield and existing crude oil, refined products and associated natural gas midstream assets. Consistent with management’s past business success, Rangeland’s growth strategy centers around building primarily a crude oil and refined products midstream business with a lesser focus on associated natural gas opportunities.
Rangeland will also pursue crude oil logistics opportunities, leveraging its extensive experience and expertise in the Bakken shale to pursue opportunities in the refined products arena. Complementary to Rangeland’s crude oil gathering strategy in areas of growing crude oil production there also exists the need for additional refined products facilities. Rangeland will target acquisition and development opportunities to provide transportation, storage and terminal services for refined petroleum products.
- Christopher W. Keene, President & CEO
- Art Vivar, Executive Vice President & Chief Financial Officer
- Steve Broker, Executive Vice President & Chief Operating Officer
- Rafael Colaco, Senior Vice President, Engineering &
- Pat McGannon. Vice President, Business Development