What Happened?
Sugar Land, TX-based Lotus-Midstream Appointed Mike Prince as Chief Executive Officer
About the Company
Lotus Midstream is an independent energy company focused on the organic development of midstream infrastructure and services necessary to transport crude oil and condensate from the wellhead to market. Lotus also is pursuing strategic acquisition opportunities. Established in early 2018, Lotus is led by a highly experienced management team with complementary skill-sets. Lotus` three founders have been working together for approximately five years and have more than 55 years of collective industry experience. The company`s mission is to leverage the management team`s thorough understanding of the crude oil value chain to identify optimal markets for supply and demand to maximize producer netbacks. Lotus Midstream is backed by a $400 million capital commitment from EnCap Flatrock Midstream.
About the Person
Mike Prince is Chief Executive Officer at Lotus Midstream. Previously, Mike held various senior HR leadership roles in the industry.
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