DENVER—Meritage Midstream said June 20 that T. Jeffrey Layne and Matthew DeNezza have joined the company’s leadership team. Layne serves as COO and DeNezza serves as CFO.
“After six consecutive years of growth, Meritage is the largest midstream platform in Wyoming’s Powder River Basin,” said Meritage CEO Steve Huckaby. “We are pleased that Jeff and Matt have come on board to help maximize the value of our assets. The Powder River Basin is rapidly becoming one of the nation’s preeminent basins for oil and gas production. Jeff and Matt will play a vital role in our ongoing efforts to remain the provider of choice for midstream services in the PRB.”
The announcement precedes the anticipated commissioning early in third-quarter 2019 of the company’s new Steamboat Cryogenic Processing Plant in Converse County, Wyo., and follows the June 10 announcement of a binding open season to support the expansion of its Thunder Creek NGL Pipeline.
Prior to joining Meritage as COO, Layne most recently served as vice president of engineering and operations for Kingfisher Midstream. He has more than 25 years of oil and gas experience in engineering, major projects and operations. Layne’s areas of expertise include natural gas production, processing, gathering, transportation and distribution. He earned a bachelor of science degree in civil engineering from Tennessee Technological University and a Juris Doctor from the Nashville School of Law.
DeNezza, joined Meritage after approximately six years as CFO at Eclipse Resources Corp. Prior to Eclipse, he served in the Global Natural Resources Group at Deutsche Bank Securities, where he was responsible for leading merger and acquisition advisory assignments, as well as aiding clients in understanding capital markets and developing and executing financial transactions. He holds a Bachelor of Arts degree from Harvard University and earned a Master of Business Administration degree from New York University’s Leonard N. Stern School of Business.
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