NorthStar Midstream (‘NorthStar’ or the ‘Company’), a diversified midstream services company, majority owned by funds managed by Oaktree Capital Management, L.P. (‘Oaktree’), has announced that Brian L. Melton has been hired as Senior Vice President, Commercial, reporting directly to Chief Executive Officer, Mac Hummel.
Mr. Melton most recently served as the Chief Commercial Officer for Blueknight Energy Partners, which provides crude oil and asphalt terminal, pipeline and transportation services throughout the United States.
“We are excited to have someone with Brian’s extensive knowledge and experience join the NorthStar team,” Mr. Hummel commented. “Brian’s experience in the energy and financial services industries will be a tremendous asset as we work to realise the full potential of our assets and increase our capabilities in new ways to better serve the needs of our customers.”
Jared Parker, a Co-Portfolio Manager of Oaktree’s Infrastructure Investing Strategy, said: “Brian’s deep expertise in the energy industry will be an important addition to the NorthStar team. We are confident that Brian and the rest of the executive team will continue to develop attractive midstream solutions for its customers utilizing NorthStar’s assets.”
Prior to his tenure as Chief Commercial Officer for Blueknight, Mr. Melton was Vice President of Pipeline Marketing & Business Development at the company. Before joining Blueknight, Mr. Melton served as the Vice President of Business Development / Corporate Strategy for Crestwood and Inergy, which provide midstream crude oil, natural gas, and natural gas liquids services. Mr. Melton, who has also held investment banking positions at Wachovia Securities and A.G. Edwards, received a Bachelor of Science degree in Management and a Master of Business Administration degree from Arkansas State University.
Mr. Melton also currently serves on the Board of Directors of exploration and production company Abraxas Petroleum Corporation.
Read the article online at: https://www.worldpipelines.com/business-news/26092019/northstar-midstream-announces-senior-appointment/
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