HOUSTON, April 26, 2019 /PRNewswire/ -- American Midstream
Partners, LP (NYSE: AMID) ("AMID" or "Partnership") today announced
that Lynn Bourdon III, Chairman,
President and Chief Executive Officer of American Midstream GP,
LLC, the ("General Partner") of American Midstream Partners, LP,
notified the Partnership of his decision to resign effective
May 3, 2019.
Jake Erhard, Partner at ArcLight
Capital Partners stated, "On behalf of ArcLight and the entire
Board of the General Partner, I would like to thank Lynn for his
leadership and numerous contributions to the Partnership during a
difficult environment over the past four years. It has been a
pleasure to work with Lynn and gain from his industry knowledge and
management expertise. As the Partnership transitions to
private operatorship, we understand Lynn's desire to move on and
wish him success in his future endeavors."
Lynn Bourdon III stated, "With
the impending transformation of AMID, I believe the timing is right
for me to step aside and let ArcLight manage the company in a
private setting. The past few years have been challenging for
small capitalization MLPs, and the exceptional support ArcLight
provided has been critical to the Partnership's successes during
this time. I am grateful to have been involved in AMID's
significant accomplishments and believe the management team, along
with the men and women delivering exceptional service to AMID's
customers, will continue to drive the Partnership's progress in
achieving its goals."
About American Midstream Partners, LP
American Midstream Partners, LP is a limited partnership formed
to provide critical midstream infrastructure that links producers
of natural gas, crude oil, NGLs, condensate and specialty chemicals
to end-use markets. American Midstream's assets are strategically
located in some of the most prolific offshore and onshore basins in
the Permian, Eagle Ford, East
Texas, Bakken and Gulf Coast. American Midstream owns or has
an ownership interest in approximately 5,100 miles of interstate
and intrastate pipelines, as well as ownership in gas processing
plants, fractionation facilities, an offshore semisubmersible
floating production system with nameplate processing capacity of 90
MBbl/d of crude oil and 220 MMcf/d of natural gas; and terminal
sites with approximately 3.0 MMBbls of storage capacity.
For more information about American Midstream Partners, LP,
visit: www.americanmidstream.com. The content of the website is not
part of this release.
Investor Contact
American Midstream Partners, LP
Mark Schuck
Director of Investor Relations
(346) 241-3497
ir@americanmidstream.com
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SOURCE American Midstream Partners, LP