EPIC Midstream Holdings LP announced Michael Garberding has joined EPIC as CFO, effective Aug. 31, reporting to Brian Freed, the company’s CEO.
“I am excited to welcome Mike to the leadership team of EPIC,” Freed commented in a company release on Sept. 2. “He brings immense strategic, financial and industry experience to our company.”
Garberding’s career has spanned across all aspects of corporate strategy, business development and finance and accounting in various energy companies, according to the release.
Prior to joining EPIC, Garberding’s served as the co-founder and co-CEO of AABA Energy, a midstream start-up. He also previously served as president and CEO of Enlink Midstream. Prior to his role as Enlink’s CEO, he had served as Enlink’s executive vice president and CFO as well as several positions with Enlink’s predecessor, Crosstex Energy.
Before to joining Crosstex in 2008, Garberding was assistant treasurer at TXU Corp. He also worked as a finance manager for Enron North America and began his career with Arthur Andersen LLP as an auditor.
“Mike will be critical in managing EPIC’s financial planning and reporting, budgeting and risk management,” Freed continued, “to better position us for future growth strategies around our best in class long haul assets for transporting crude oil and natural gas liquids out of the Permian and Eagle Ford Basins to the premier Texas Gulf Coast and global market destinations.”
EPIC is a portfolio company of funds managed by the private equity group of Ares Management Corp.
The company was formed in 2017 to build, own and operate midstream infrastructure in both the Permian and Eagle Basins. EPIC operates the EPIC Crude Oil Pipeline and the EPIC NGL Pipeline that span approximately 700-miles servicing the Permian’s Delaware and Midland basins and the Eagle Ford Shale.
Recommended Reading
Sinopec Brings West Sichuan Gas Field Onstream
2024-03-14 - The 100 Bcm sour gas onshore field, West Sichuan Gas Field, is expected to produce 2 Bcm per year.
Empire Petroleum’s Williston Drilling Program Identifies New Zones
2024-05-16 - Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.
E&P Highlights: March 11, 2024
2024-03-11 - Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.