SAN ANTONIO–(BUSINESS WIRE)–EnCap
Flatrock Midstream (“EnCap Flatrock”) today announced the promotion
of Sam
Pitts to partner. Mr. Pitts, who anchors the firm’s Houston office,
joined EnCap Flatrock Midstream as managing director in 2014. He serves
on the board of directors of several EnCap Flatrock portfolio companies
including Aspen Midstream, LLC; Greenfield Midstream, LLC; Moda
Midstream, LLC; Nuevo Midstream Dos, LLC; and Tradition Midstream, LLC.

“Sam has played an instrumental role in our success. He has brought
important new relationships to the firm and has strengthened existing
alliances through his board service and his work with our investors. His
performance has met and exceeded every expectation we had when he
accepted our invitation to join the firm,” said EnCap Flatrock Midstream
Founder and Managing Partner Billy Lemmons. “We are fortunate to have a
deep pool of talent that represents our next-generation leadership. Sam
has been integral to our growth. We’re pleased to promote him to a
senior leadership role.”

“I am grateful to be part of this outstanding team. I am also very
excited about what lies ahead for our midstream companies and the
upstream producers they work with as we enter a new year and a new
chapter in EnCap Flatrock’s unique growth story,” Mr. Pitts said.

Prior to joining EnCap Flatrock Midstream, Mr. Pitts was part of the
senior leadership team at Citigroup’s Global Energy Investment Banking
Group. In this capacity, he focused on financial advisory work related
to mergers, acquisitions and divestitures within the midstream and
upstream sectors, as well as public and private capital market raises.
Mr. Pitts holds a Bachelor of Business Administration degree in finance
from the University of Texas at Austin.

About EnCap Flatrock Midstream

EnCap Flatrock Midstream provides value-added growth capital to proven
management teams focused on midstream infrastructure opportunities
across North America. The firm was formed in 2008 by a partnership
between EnCap
Investments L.P. and Flatrock Energy Advisors, LLC. Based in San
Antonio with offices in Oklahoma City and Houston, EnCap Flatrock is led
by Managing Partners and Founders William D. Waldrip, Dennis F. Jaggi
and William R. Lemmons, Jr., Managing Partners Gregory C. King and David
J. Kurtz, and Partners Dennis J. McCanless and Sam Pitts. The firm
manages investment commitments of nearly $6 billion from a broad group
of prestigious institutional investors. EnCap Flatrock is currently
making commitments to new management teams from EFM Fund III, a $3
billion fund. For more information please visit www.efmidstream.com.

Contacts

TEN|10 Group, LLC
Casey Nikoloric
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303-507-0510
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[email protected]