October 22, 2015 - 9:00 AM EDT
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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.

TEN|10 Group
Meredith Hargrove Howard, 210-737-4478 m
Meredith.howard@ten10group.com


Source: Business Wire (October 22, 2015 - 9:00 AM EDT)

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