Brazos and Old Ironsides partner to pursue midstream investments

Fort Worth, Texas-based Brazos Midstream Holdings LLC has partnered with Old Ironsides Energy LLC, an independent oil and gas investment manager, to pursue the acquisition and development of midstream assets in the US.

The Brazos management team has experience across all commodities and throughout a variety of onshore US basins, and will initially focus on the development of crude and natural gas gathering, treating, and processing assets.

Brazos’ management team is led by CEO Brad Iles, CFO William Butler, Chief Commercial Officer Stephen Luskey, and COO Ryan Jaggi.

Prior to Brazos’ formation, Iles served as senior vice president of business development for EnLink Midstream Partners (NYSE: ENLK), formerly Crosstex Energy. He led all of EnLink’s business development efforts for both the Natural Gas and Liquids business units.

Butler joins the Brazos team having previously served as CFO of Athlon Energy Inc. (formerly NYSE: ATHL) until the company was acquired by EnCana Corp. in November 2014.

Luskey most recently served as regional vice president for EnLink Midstream and was responsible for Permian business development activity, including the development of EnLink’s Midland Basin platform.

Having worked in both the upstream and midstream sectors, Jaggi’s energy experience includes the engineering, project management, and operations of all wellhead, gas gathering, treating, processing, and liquid handling facilities. Before founding Brazos, Jaggi served as vice president of engineering for Wildcat Midstream.

 

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