American Energy Midstream appoints new CEO

American Energy Partners, LP (AELP) has hired David C. Shiels as the Chief Executive Officer of its affiliate American Energy – Midstream, LLC (AE-MidCo). Shiels previously worked for Access Midstream Partners, LP (ACMP) and Chesapeake Midstream Partners (CHKM) for five years as Chief Financial Officer. During his tenure at ACMP and CHKM, the business grew to be one of the premiere gathering and processing MLPs in the industry and has recently been acquired by the Williams Companies, Inc.

Prior to ACMP and CHKM, Shiels worked for the General Electric Company (GE) for 13 years where he held multiple regional Chief Financial Officer roles with subsidiaries of GE. Shiels most recently served as Chief Financial Officer of GE Security Americas. Prior to GE, he spent nine years with Conoco, Inc. in various finance and operational roles. Shiels graduated from Michigan State University with a Bachelor of Arts degree in banking and finance in 1988.

AE-MidCo was formed by AELP in June 2014 to acquire midstream assets primarily in high-growth areas in which AELP upstream affiliates are active. AE-MidCo has been capitalized by a US$500 million equity commitment provided by The Energy & Minerals Group (EMG) and additional equity provided by AELP management and affiliated parties.

Adapted from press release by Rosalie Starling

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