Industry Veteran Jeffrey Allen Joins Navigator Energy Services as Chief Financial Officer and Senior Vice President
Navigator Energy Services, LLC (Navigator), a full-service midstream
solutions provider, today announced the addition of Jeffrey Allen to its
senior leadership team as chief financial officer and senior vice
president. In his new role, Allen is responsible for all financial
functions of the company including sourcing and structuring potential
transactions, financial analysis development and reporting, and
strategic planning. Allen brings nearly 20 years of energy-related
financial experience to the Navigator team.
“We are very pleased to have Jeff Allen, a seasoned midstream veteran,
join our team,” said Navigator’s chief executive officer, John O’Shea.
“Jeff was instrumental in helping us secure the recent debt financing
for Navigator. He has been working with us for the past six months as we
have started our company and has assisted us in identifying additional
talent to add to Navigator as we begin operations. His history in
working with Lonestar Midstream and JP Energy in their startup days will
be beneficial as we grow.”
Prior to Navigator, Allen spent two years with JP Energy Partners where
was a co-founder and the chief financial officer. During his tenure with
JP Energy, Allen was instrumental in 11 acquisitions and helped take the
company’s revenue up to $100 million. JP Energy was listed on the New
York Stock Exchange as a Master Limited Partnership (MLP) in 2014.
Additionally, Allen spent three years as a senior vice president and
chief financial officer for Lonestar Midstream Partners, a natural gas
pipeline company that sold to PVR Partners in 2008 for $165 million on a
$65 capital investment. He also has done financial consulting work for
Marathon Petroleum Corporation and Saudi Aramco.
Jeff is a recognized expert on the financial aspects of oil and gas
MLPs. He has written several articles that explain the market’s view of
incentive distribution rights and the cost of capital for MLPs and has
been a consultant and public speaker on these topics. Additionally, Jeff
has taught courses in mergers and acquisitions and corporate finance at
the Cox School of Business at Southern Methodist University in Dallas.
At SMU, he received several teaching awards and was the recipient of the
Sewell Distinguished Service to the Community award.
Jeff received a doctoral degree in finance and econometrics from Purdue
University, where he was awarded the American Association of Collegiate
Schools of Business National Doctoral Fellowship.
About Navigator Energy Services, LLC
Headquartered in Dallas, Navigator provides oil and natural gas
producers with comprehensive midstream services including crude oil and
natural gas gathering, transportation, storage and natural gas
compression and processing. Navigator and its affiliates are focused on
domestic midstream opportunities in both developing and mature producing
areas. Navigator is supported by an equity commitment from First
Reserve. To learn more about Navigator, please visit www.navigatorenergyservices.com.
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Copyright Business Wire 2015
Source: Business Wire
(October 22, 2015 - 9:00 AM EDT)
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