Caballo Energy, LLC

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Caballo also announced the addition of three new executives who will play key leadership roles as the company continues to expand. Glenn Powell has joined Caballo as chief commercial officer. Mr. Powell previously served as the chief operating officer Atlas Pipeline Partners, L.P. (NYSE: APL) and has significant experience in commercial development. Wayne Bennett has also joined Caballo as director of engineering operations. Prior to joining Caballo , Mr.

“The construction of the Carmen plant is a first but very important step in our expansion of the Eagle Chief system,” said Caballo President and CEO Bob Firth. “The liquids-rich gas found in the Mississippi Lime and Cana Woodford shale formations provides an attractive return for producers, even under current pricing conditions. We believe this area has significant potential for future growth and we are excited to be in a position to provide the processing capabilities our customers need.

Flatrock Midstream's three managing partners and a member of Caballo Energy's board of managers. "We're seeing a surge in drilling activity in northwestern Oklahoma in the Mississippi Lime formation. This is a great acquisition in an underserved region with very strong demand for gathering, compression and processing services. Acquisition of Eagle Chief will enable Caballo Energy to grow as demand accelerates.

Flatrock Midstream is a private equity firm founded in 2008 by EnCap Investments L.P. and Flatrock Energy Advisors. The firm provides value-added private equity capital to proven management teams focusing on midstream energy infrastructure opportunities throughout North America.

The members of Caballo’s senior management team collectively have more than 100 years of experience in natural gas gathering and processing. Caballo's business philosophy is distinguished by an overriding commitment to safety, the development of collaborative relationships across the midstream value chain, a focus on highly efficient operations and rapid response to customer needs.

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