QEP Resources Inc. (NYSE: QEP) appointed William L. Thacker to its board of directors, the company said Feb. 24. Thacker will help QEP Resources split its midstream business, QEP Field Services Co., from the company, QEP Resources said. QEP Resources noted that its ownership of QEP Midstream Partners LP will also be split from the company.
Thacker has served as director on other public midstream companies' boards, the company said. These include the board of Copano Energy LLC, as nonexecutive chairman, from 2009-2013, the company said. Thacker had been CEO of Teppco Partners LP, and had also been chairman of Pacific Energy Management LLC’s special committee during its 2006 sale to Plains All American Pipeline LP (NYSE: PAA), the company added.
“We are pleased to welcome Bill and the deep and complementary expertise he brings to the board as we pursue the separation of our midstream business in a continuation of our work to enhance the value of the company for all of its shareholders,” said Chuck Stanley, chairman, president and CEO of QEP.
QEP Resources Inc. is an E&P oil and natural gas company working throughout the U.S.
Recommended Reading
Analyst Questions Kimmeridge’s Character, Ben Dell Responds
2024-05-02 - The analyst said that “they don’t seem to be particularly good actors.” Ben Dell, Kimmeridge Energy Partners managing partner, told Hart Energy that “our reputation is unparalleled.”
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
2024-05-02 - Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
Zeta Energy Appoints Michael Everett as COO
2024-05-02 - Prior to joining Zeta Energy, a lithium-sulfur battery developer, Michael Everett previously served as president and COO at Advanced Battery Concepts.
Shell Launches $3.5 Billion Share Buyback Program
2024-05-02 - Shell, which posted first-quarter adjusted earnings of $7.7 billion, will cancel all of the shares it buys.
Supply Disruptions Ahead as Canadian Rail Workers Vote for Strike
2024-05-01 - The union, representing more than 9,000 employees at Canadian National Railway and Canadian Pacific Kansas City, announced that 95% of its members approved of a strike, which could happen as early as May 22.