Management Team
Dave Presley
President and CEO
Direct: (918) 388-8402 | dpresley@frontierenergyllc.com
January 2002 to present, President, CEO
and majority shareholder of Frontier Energy Services, LLC.
With more than 32 years of experience in all phases of the natural gas industry Mr. Presley founded and successfully built Frontier from a start-up company to a significant player in the midstream sector of the natural gas industry through the acquisition of two natural gas gathering, processing, and treating facilities and one grass roots treating project. The combined Frontier assets included over 290 MMCF/d of gas gathering, treating, and processing facilities encompassing over 700 miles of pipeline and related facilities in three states of operation (Oklahoma, Texas, and New Mexico). In addition Frontier was responsible for the marketing of approximately 100 MMCF/d and 350,000 gallons per day of natural gas liquids. Mr. Presley orchestrated the sale of the Frontier assets in June of 2004 for $134 million.
Since the sale of the assets in 2004, Frontier has expanded its vision to include grassroots gathering and treating infrastructure in the unconventional natural gas resource plays currently under development in the United States. As a result of this focus, Frontier has successfully installed two new grassroots facilities in the Fayetteville Shale providing low pressure gathering services with capacity of 160 MMCF/d.
From November of 1998 to May 2001, Mr. Presley served as President and CEO of CMS Field Services, Inc., a wholly owned subsidiary of CMS Energy Corporation. CMS Field Services functioned as the natural gas midstream business unit of CMS Energy. Mr. Presley's responsibilities involved overseeing the operations and business development activities, and the financial results of CMS natural gas gathering, compression, treating, processing, and natural gas and natural gas liquids marketing business. CMS Field Services had operations in the Gulf Coast, Mid-continent, Permian, and Rocky Mountain Regions of the United States, and owned more than 4,400 miles of natural gas gathering systems, five active natural gas processing plants, 100,000 hp of compression, and assets of approximately $300 million. CMS Energy Corporation has assets throughout the United States and around the world with businesses in electric and natural gas utility operations; independent power production; natural gas pipelines, gathering, processing, and storage; oil and gas exploration and production; and energy marketing. CMS Field Services was sold in 2003.
Prior to joining CMS, Mr. Presley successfully founded Heritage Gas Services, LLC, a privately held, full-service natural gas gathering, processing, treating, compression and marketing company. Heritage was formed in 1995, profitable within its first year of operation, and participated in the acquisition and installation of more that $100 million worth of gathering and processing related projects within its first three years. Entrepreneur Magazine named Heritage as the third fastest growing small business in America in 1998. CMS Energy acquired Heritage in November 1998.
From 1991 to 1994, Mr. Presley served as President of Grand Valley Gathering Company and Director of Grand Valley Gas Company, a publicly owned natural gas gathering, processing, and marketing company with annual revenue in excess of $300 million. Preceding Grand Valley, Mr. Presley successfully founded Centennial Natural Gas Corp. and served as its CEO and majority shareholder from 1988 through 1991. Centennial was acquired by Grand Valley in 1991.
The first company founded by Mr. Presley was Colony Energy Corporation, where he served as CEO and majority shareholder. Colony was a privately held natural gas company whose primary business activity was the marketing of natural gas. Following deregulation of the natural gas industry, Colony became one of the first companies to successfully market natural gas from the wellhead to the burnertip. Colony was acquired by a large gas utility in 1986.
Mr. Presley earned his Bachelor's degree from Angelo State University, San Angelo, Texas and performed his graduate work at the University of Texas of the Permian Basin. He and his wife, Darla, reside in Tulsa, Oklahoma and have two children.
Tim Young
Executive Vice President
Direct: (918) 388-8421 | tyoung@frontierenergyllc.com
March 2006 to present, Executive Vice President, Frontier Energy Services, LLC.
Mr. Young is an energy executive with more than 30 years of increasing responsibility and experience in all phases of the energy industry.
From December 2004 to March 2006 Mr. Young was Vice President of Frontier Field Services. He was responsible for the overall day-to-day management of Frontier Field Services and its 65 employees. He was responsible for accounting, engineering/operations, gas supply, marketing, business development and human resources. Mr. Young was also responsible for the negotiation and acquisition of the 56 MMCF/d Empire Abo Plant in New Mexico and its successful integration into Frontier Field Services' portfolio of assets. Under Mr. Young's leadership, Frontier Field Services had 4 plants with over 290 MMCF/d of treating and processing capacity and over 700 miles of pipeline in Oklahoma, Texas and New Mexico.
From 2003 through 2004, Mr. Young provided executive consulting services and was instrumental in creating a new midstream subsidiary for a large privately held company. That start-up midstream entity quickly acquired various gathering, processing, pipeline and storage assets that complimented its existing energy portfolio.
From 1995 to 2003 Mr. Young worked for various CMS Energy subsidiaries as Executive Director Business Development, Senior Vice President and ultimately as Executive Vice President and Chief Operating Officer of CMS Field Services, the midstream organization he initially assembled as acquisitions of Continental and Heritage. Under Mr. Young's direction, CMS Field Services developed from a regional Mid-continent based organization into one that had facilities in all the major U.S. Basins and grew to over $300 million in assets and had over 150 employees. Growth was achieved from new construction (Bighorn and Fort Union in the Powder River Basin of Wyoming), acquisitions (Continental, Heritage, and Anson) and redeployment of underutilized assets (Laverne 200 MMCF/d idle cryogenic plant refurbished and moved to Lake Charles). Commercial development offices were opened in Houston and Denver. Financial performance goals were exceeded for all years. Under Mr. Young's leadership, CMS Field Services won the Gas Processors Association #1 Safety Award for their perfect safety record in 2001.
Prior to CMS Energy, Mr. Young held various positions with Grand Valley Gas Company, Colorado Interstate Gas Company and Kerr-McGee.
Mr. Young earned a Bachelor of Science degree in Chemical Engineering from the Colorado School of Mines. He and his wife and daughter reside in Tulsa, Oklahoma.
Mindy Stephens
Vice President of Gas Supply
Direct: (918) 388-8403 | mstephens@frontierenergyllc.com
As one of the founding members of Frontier Energy Services, LLC, Ms. Stephens was instrumental in the commercial development of Frontier, including the acquisition of the Maljamar plant, a 60 MMCF/d natural gas gathering and processing facility, the Kelton plant, a 30 MMCF/d natural gas gathering and processing facility, and a 150 MMCF/d natural gas treating facility. Following each acquisition, Ms. Stephens was responsible for the connection of new gas supply, negotiating new gas purchase, gathering, and processing agreements, and developing and maintaining customer relations. Ms. Stephens was responsible for generating economic analysis for new supply projects, a budget for each system, and for marketing Frontier's equity gas.
Mindy Stephens served as Manager of Gas Supply for CMS Field Services, Inc., a wholly owned subsidiary of CMS Energy Corporation, from November 1998 through March 2002. As Manager of Gas Supply, Ms. Stephens was responsible for the connection of new gas supply sources to five of CMS' gathering and processing systems, negotiating new gas purchase, gathering, and processing agreements, and developing and maintaining customer relations. The systems consisted of 3,600 miles of natural gas gathering lines, 100 MMCF/d of processing capacity, and assets of approximately $100 million. In addition to gas supply, she was responsible for generating economic analysis for new supply projects, and a budget for each system.
Prior to joining CMS, Ms. Stephens served as Manager of Gas Supply for Heritage Gas Services, LLC from May of 1995 until CMS Energy acquired Heritage in November 1998. In addition to locating and securing new supply sources for connection to Heritage's gas gathering and processing systems, Ms. Stephens was responsible for Gas Control, Contract Administration, and assisted with the marketing of Heritage's natural gas and natural gas liquids.
From July 1994 to May 1995, Ms. Stephens served as Gas Storage Analyst for Associated Natural Gas, Inc.
From March 1993 to June 1994, Ms. Stephens served as Gas Storage Analyst for Grand Valley Gas' Richfield Gas Storage System and was involved in the development through the completion of the storage project. As Storage Analyst, she interfaced with Richfield Gas Storage customers and field personnel to properly process all nominations and maintain operational balancing with interconnecting pipelines, prepared and submitted all regulatory reporting for the facility, and implemented and maintained gas accounting procedures for Richfield customers. Grand Valley Gas was acquired by Associated Natural Gas, Inc. in July of 1994.
Ms. Stephens served as Contract Analyst for Centennial Natural Gas from March 1991 through February 1993. As Contract Analyst, she was responsible for generating and maintaining all gas gathering, processing, purchase and sale agreements. Centennial was acquired by Grand Valley Gas Company in 1991.
Ms. Stephens earned her Bachelor's degree in Business Management from the University of Phoenix. She and her husband, Craig, reside in Tulsa, Oklahoma and have two children.
Kelly Wood
Chief Financial Officer
Direct: (918) 388-8422 | kwood@frontierenergyllc.com
March 2006 to present, Chief Financial Officer, Frontier Energy Services, LLC
From August 2002 to February 2006, Mr. Wood served as Controller of Frontier Energy Services, LLC and Frontier Field Services, LLC. From August 2002 through December 2004, Frontier Energy managed the operations of Frontier Field Services. Mr. Wood's responsibilities included directing financial management functions including development of monthly financial statements, financial forecasts, and budgets. Mr. Wood coordinated the relationship with banks in orchestrating the establishment of a $95 Million credit facility. He participated in due diligence efforts on new acquisitions, and directed the integration of accounting records for completed acquisitions. Additionally, Mr. Wood directed the general accounting functions, income tax reporting, external audit preparation and cash management. His other responsibilities included administration of all financial management systems, evaluating and integrating new applications. Mr. Wood was responsible for review and establishment of trading partner lines of credit, and establishment of procedures. Frontier Field Services owns and operates over 700 miles of pipeline and in excess of 290 Mmcfd of treating and processing capacity through various entities. Frontier has annual sales in excess of $ 240 Million and assets in excess of $ 130 Million.
From July 1997 to August 2002, Mr. Wood served as Controller and Assistant Controller for American Central Gas Technologies, Inc. American Central Gas Technologies owned and operated regional low-pressure gathering systems and processing facilities. Mr. Wood's responsibilities included financial reporting to the management, board of directors and financial institutions. His other responsibilities involved operational accounting, acquisition due diligence, and evaluation of project economics. Mr. Wood coordinated preparation of annual operating budgets and corporate and partnership tax returns. Mr. Wood was also responsible for accounting system design and implementation.
From October 1993 to August 1997, Mr. Wood was the Controller for Encore Energy, Inc., a natural gas marketing company. Encore actively aggregated and marketed natural gas. Mr. Wood developed Encore's accounting and administrative systems. He also directed the company's financial operations and investor reporting.
From June 1985 to October 1993, Mr. Wood was Accounting Manager and Manager of Budget and Planning for Vesta Energy and Esco Energy. These entities included a natural gas marketing subsidiary, a natural gas exploration and production company and a natural gas pipeline company. Mr. Wood was responsible for operational and tax accounting.
From June 1982 to June 1985, Mr. Wood was a staff member in both audit and tax divisions of Arthur Andersen & Co., participating in various oil and gas audits and tax issues.
Mr. Wood earned his Bachelor's degree in Accounting and a Master's degree in Business Administration from Oklahoma State University. Mr. Wood and his wife, Diane, live in Tulsa and have two children.
Lee Williams
Director of Operations
Direct: (918) 388-8424 | lwilliams@frontierenergyllc.com
October 2006 to present, Director of Operations, Frontier Energy Services, LLC.
Mr. Williams has more than 28 years of increasing responsibility and experience in all phases of the natural gas gathering and processing industry.
Prior to joining Frontier Energy Services, Mr. Williams was working in West Africa for Marathon Oil at their Punta Europa Gas Plant. The Punta Europa Gas Plant consisted of two 500 MMCF/d mole sieve dehydration trains, two 450 MMCF/d turbo expander gas plants, a depropanizer unit, a debutanizer unit, propane treater, propane refrigeration, propane storage, butane storage, and liquids separation and stabilization for up to 65,000 BBL/d of light crude. Serving as Gas Plant Coordinator he was responsible for coordination of the maintenance program to ensure minimal downtime and maximum production. He was also responsible for the permit to work system and working with contractors, such as Bechtel, coordinating construction projects and insuring all work was done in a safe and timely manner.
From 1999 to 2004 Mr. Williams was employed by CMS Field Services, Inc., a wholly owned subsidiary of CMS Energy Corporation. Starting in Midland Texas as the System Manager of the CMS Midland Gathering System, Mr. Williams managed the construction and operations of the system. From West Texas Mr. Williams transferred to the CMS Bighorn Gas Gathering System. The Bighorn System was focused on gathering Coal Bed Methane in the Powder River Basin of Wyoming and was capable of moving 250 MMCF/d. The Bighorn System consisted of approximately 250 miles of 10" to 26" high pressure steel pipe and approximately 200 miles of various sized poly pipe. The system had 26 compressor stations with dehydration and the total horsepower was approximately 40,000 HP. Mr. Williams' initial position was Construction Manager where he oversaw ongoing construction of the Bighorn system. In early 2003 Mr. Williams became the System Manager and was responsible for the day to day operations of the entire state-of-the-art system which included 15 full time employees and various third party contractors.
From 1997 to 1999 Mr. Williams worked contract in the Peoples Republic of China as a Technical Writer and Training Coordinator at Arco's Nanshan Shore base. He was deeply involved in the development of the National Training Program. During this time frame he also worked briefly in Bolivia, S.A. during the startup phase of a 40 MMCF/d turbo expander gas plant.
From 1987 to 1997 Mr. Williams was employed by Union Texas Petroleum which was sold to Western Gas Resources in 1991. Mr. Williams served in various capacities including Area Supervisor. These assets, located in NW Oklahoma, included the Chaney Dell Plant, the Lamont and the Chester plants and were capable of processing 160 MMCF/d.
From 1979 to 1987 Mr. Williams owned and Operated Williams Electric Service. The company was primarily focused on electrical construction and maintenance within the energy industry, the major account being the Union Texas Petroleum Oklahoma assets.
Mr. Williams earned a Bachelor of Science in Business Administration degree from Phillips University. He and his wife, Marzelle, have two grown daughters and currently reside in Claremore, Oklahoma.
Jan Honaker
Director of Gas Scheduling
Direct: (918) 388-8418 | jhonaker@frontierenergyllc.com
With more than 20 years of industry experience, Jan Honaker has acquired vast industry knowledge in the areas of accounting, pipeline reconciliation and gas scheduling. At Continental Natural Gas, Inc., Ms. Honaker participated in the beginning of deregulation of natural gas and has nominated, reconciled, invoiced, remitted payments and accounted for all facets from the wellhead to the burnertip.
Upon CMS Energy's acquisition of Continental Natural Gas, Inc., Ms. Honaker continued gas control functions for CMS Field Services, Inc. which included five natural gas processing plants and more than 4,400 miles of gas gathering systems flowing into various mid-continent interstate and intrastate pipelines. In addition, Ms. Honaker monitored production, by interacting directly with producers and end-users, limiting their exposure to imbalances and cash out penalties.
Ms. Honaker earned her Bachelor's degree in Business Management from Oklahoma State University. She and her husband, Michael, have two children and reside in Tulsa.
Sonya Keeney
Office Manager/Administrative Assistant
Direct: (918) 388-8427 | skeeney@frontierenergyllc.com
With more than 26 years experience, Sonya Keeney recently joined Frontier Energy Services, LLC and brings vast industry knowledge having served as Administrative Assistant for Vice President of Sales, Business Unit Manager of Refining and Gas, Director of Construction and Manager of Proposals in the area Oil and Gas Engineering. While at Linde Process Plants, Inc., Ms. Keeney participated in setting up a new division of Linde Process Plants, Cryogenic Plants and Services, after the acquisition of Process Systems International. Ms. Keeney continued as administrative assistant for the Vice President of Sales of Linde Process Plants during set-up of their new division.
Before joining Linde Process Plants Ms. Keeney began in the engineering field at Williams Brothers Engineering as a project secretary, Administrative assistant for the Director of Civil Engineering, Director of Mechanical Engineering and Director of International Project.
Ms. Keeney earned her Associate's degree in Business Administration from Bacone College and is working towards her Bachelor's in Business Administration at Northeastern State University. She and her husband, Darrell, have five children and reside in Tulsa.
