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 35 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 and is once again expanding its focus to include crude oil infrastructure to its menu of services in the liquid rich unconventional resource plays under development in the United States.
Since the sale of assets in 2004, Frontier 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 successfully developed midstream assets in the Fayetteville shale and Granite Wash plays, two of the most prolific plays in the United States. Frontier's facilities comprised over 128 miles of natural gas gathering, 35,000 HP of compression, 160 MMcf/d of natural gas treating capacity with over 500 MMcf/d of total capacity in the Fayetteville Shale of Arkansas and approximately 100 MMcf/d of natural gas processing capacity in the Granite Wash play located in Roberts County, Texas. The Fayetteville and Granite Wash assets were sold in April 2011 for $338 million.
Through the acquisition of two natural gas gathering, processing, and treating facilities and one grass roots treating project the initial 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.
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 Field Services was sold in 2003.
Prior to joining CMS, Mr. Presley successfully founded Heritage Gas Services, LLC. Heritage was formed in 1995, profitable within its first year of operation, and participated in the acquisition and installation of more than $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 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 of Frontier Energy Services, LLC. Mr. Young is an energy executive with more than 33 years of increasing responsibility and experience in all phases of the energy industry.
From March 2006 to April 2011, Mr. Young was Executive Vice President of Frontier Energy Services, LLC. Mr. Young was a Managing Member of the asset holding company and provided vision and guidance to implement the business plan and additionally was responsible for the day-to-day operatons and engineering of the company. The company's Fayetteville and Granite Wash assets were sold in April 2011 for $338 million. Under Mr. Young's leadership, the company successfully installed three grass roots gathering systems in the Fayetteville shale along with the successful integration of two acquired gathering systems. These facilities grew to over 128 miles of natural gas gathering, 35,000 HP of compression, and 160 MMcf/d of natural gas treating capacity in the Fayetteville Shale successfully meeting the company's approved CAPEX budgets along with achieving the company's aggressive installation schedules. Additionally, under Mr. Young's leadership the company successfully acquired and expanded the natural gas processing capacity in the Granite Wash play to over 100 MMcf/d.
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.
Tim Young earned a Bachelor of Science degree in Chemical Engineering from the Colorado School of Mines. He and his wife reside in Tulsa, Oklahoma.
Mindy Stephens
Vice President of Gas Supply
Direct: (918) 388-8403 | mstephens@frontierenergyllc.com
January 2002 to present, Vice President of Gas Supply, Frontier Energy Services, LLC.
Ms. Stephens brings more than 20 years of experience in the energy industry to her position of Vice President of Gas Supply and as one of the founding members of Frontier, Ms. Stephens has been instrumental in the company's development of green field projects, asset acquisitions, orchestration of the sale of assets and new business opportunities.
Following the sale of assets in 2004, Ms. Stephens was responsible for initiating and securing the contractual relationships needed to support the new development in the Fayetteville shale and expanding the footprint of the acquired assets in the Granite Wash play with producers, interconnecting pipelines and downstream markets. Additionally, Ms. Stephens was responsible for negotiation and management of the company's gas purchase and gas sales, gathering and processing contracts and marketing of the company's residue gas and natural gas liquids. Frontier's Fayetteville shale and Granite Wash assets were sold in April 2011 and consisted of over 128 miles of natural gas gathering, 35,000 HP of compression, 160 MMcf/d of natural gas treating capacity and 100 MMcf/d of natural gas processing capacity.
Frontier's initial assets included 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 asset acquisition, Ms. Stephens was responsible for the connection of new gas supply, negotiating new gas purchase, gathering, and processing agreements, and development of 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. Frontier's original assets were sold in June of 2004.
Ms. 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.
From 1991 to 1998, Ms. Stephens held various positions in Gas Supply, Marketing, and Storage at Heritage Gas Services, Associated Natural Gas, Grand Valley Gathering and Centennial Natural Gas Corp.
Ms. Stephens earned her Bachelor's degree in Business Management from the University of Phoenix. She and her husband 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.
Mr. Wood's responsibilities include directing financial management functions including development of monthly financial statements and budgets. Mr. Wood coordinated the relationship with banks in orchestrating the establishment of a $200 million senior revolving credit facility in 2010, and participated in the sales process of the assets of Frontier Gas Services in 2011. He participated in due diligence efforts on new acquisitions, and directed the integration of accounting records for acquisitions completed in 2009 and 2010. Additionally, Mr. Wood directed the general accounting functions, income tax reporting, external audit preparation and cash management. 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.
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, a midstream natural gas company. Mr. Wood coordinated the relationship with banks in orchestrating the establishment of a $95 million credit facility, and participated in the sales process in 2004.
Mr. Wood has had several other positions in the midstream sector in the accounting and finance area including the following: From July 1997 to August 2002, Mr. Wood served as Controller and Assistant Controller for American Central Gas Technologies, Inc., a midstream natural gas company. From October 1993 to August 1997, Mr. Wood was the Controller for Encore Energy, Inc., a natural gas marketing company. From June 1985 to October 1993, Mr. Wood was Accounting Manager and Manager of Budget and Planning for Vesta Energy and Esco Energy, a natural gas marketing, midstream and exploration and production company. From June 1982 to June 1985, Mr. Wood was a staff member of Arthur Andersen & Co., participating in various oil and gas audits and tax issues.
Mr. Wood is a Certified Public Accountant, and earned his Bachelor's degree in Accounting and a Master's degree in Business Administration from Oklahoma State University. Mr. Wood and his wife live in Tulsa and have two children.
Lee Williams
Vice President of Operations
Direct: (918) 388-8424 | lwilliams@frontierenergyllc.com
January 2010 to present, Vice President of Operations for Frontier Energy Services, LLC.
Mr. Williams has more than 33 years of increasing responsibility and experience in all phases of the midsteam gas gathering and processing industry.
From October 2006 to January 2010, Mr. Williams served as Director of Operations for Frontier. Mr. Williams was directly responsible for all ongoing construction and operational activities as Frontier went from zero operated assets in 2006 to six separate midstream gas facilities which were sold in 2011. Mr. Williams was instrumental in bringing together and directing a strong construction and operational team. The team was focused on customer needs and completing each project safely, in a timely manner and within regulatory guidelines.
Prior to joining Frontier Energy Services, Mr. Williams worked in West Africa for Marathon Oil at their Punta Europa Gas Plant. The gas plant consisted of two 500 MMscf/d mole sieve dehydration trains, two 450 MMscf/d turbo expander gas plants, depropanizer and debutanizer units 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 responsible for the PTW system and coordinating construction projects to ensure 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. Mr. Williams later transferred to the CMS Bighorn Gas Gathering System in Wyoming, which focused on gathering Coal Bed Methane. The Bighorn System had a throughput capacity of 250 MMscf/d, with 450 miles of gathering and transmission pipe, 26 compressor stations with 40,000 total HP. Mr. Williams' initial position was Construction Manager, he was promoted in 2003 to System Manager, which included managing all aspects of the operation and 15 full time employees and multiple 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 timeframe he also worked briefly in Bolivia, S.A. during the startup phase of a 40 MMscf/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, PSM Coordinator and E&I Coordinator. These assets, located in NW Oklahoma, included the Chaney Dell, Lamont and the Chester Gas Plants.
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.
Mr. Williams earned a Bachelor of Science in Business Administration from Phillips University. He and his wife reside in Claremore, Oklahoma.
Jan Honaker
Director of Gas Supply and Contract Administration
Direct: (918) 388-8418 | jhonaker@frontierenergyllc.com
With more than 25 years of industry experience, Jan Honaker has acquired vast industry knowledge in the areas of accounting, pipeline reconciliation, gas marketing and gas scheduling.
Ms. Honaker has been a part of the Frontier team since 2003 and is responsible for gas scheduling and settlement and also assists in all areas of the accounting department. She has worked closely with Gas Supply in the coordination of contract flow and the marketing of natural gas and natural gas liquids.
Additionally, Ms. Honaker administers all aspects of Human Resources for Frontier from the interview process to payroll and benefits.
Upon CMS Energy's acquisition of Continental Natural Gas, Inc. in 1998, 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.
From 1985 to 1998, Ms. Honaker was with Continental Natural Gas, Inc. and participated in the beginning of deregulation of natural gas. She has nominated, reconciled, invoiced, remitted payments and accounted for all facets from the wellhead to the burnertip.
Ms. Honaker earned her Bachelor's degree in Business Management from Oklahoma State University. She and her husband reside in Tulsa, Oklahoma and have two children.
Banaise Blake
Manager of Engineering and Planning
Direct: (918) 388-8426 | bblake@frontierenergyllc.com
February 2010 to present, Manager, Engineering and Planning, Frontier Energy Services, LLC.
Banaise Blake has more than 10 years of professional experience, including management experience in the oil and gas industry and in the United States Army. He joined Frontier as Project Manager in 2009, initially working on improvement projects at the company's Granite Wash processing facilities. His additional functions included planning and engineering support for major projects and financial analysis of acquisition opportunities. Mr. Blake was promoted in 2010 after a major acquisition in the Fayetteville shale, and he was heavily involved in the sale of the company's assets in early 2011. He continues to provide financial analysis and engineering support for the company's expansion opportunities.
From March 2008 through January 2009, Mr. Blake was President of Ironhorse Energy Services, a start-up company focused on providing well service to oil and gas producers throughout western Oklahoma and the Texas panhandle. Banaise developed the company's business model, conducted market research, and sought investments of $12.5 million to finance a complete start-up. Changing market conditions and energy prices at the end of 2008 forced a change in plans, leading Banaise to his role as project manager at Frontier Energy Services, LLC.
From April 2006 through March 2008, Mr. Blake worked for Baker-Hughes Centrilift, initially serving as a Sales Manager and later as the Field Service Manager in the Mid-continent district. As Sales Manager, Mr. Blake managed a team of 17 employees, including salespeople and service technicians. During this time, his sales team doubled equipment sales and service revenues in their account assignments and garnered key business relationships with some of the largest oil and gas producers in the country. Following this role, Mr. Blake was asked to consolidate all of the district's field service technicians into a single field service group. Banaise reorganized and assumed management of 60 employees in 5 states throughout the Mid-continent and Gulf Coast regions, providing on-site service to all of Centrilift's customers in the Central and Eastern areas of the United States. Mr. Blake's focus and emphasis on Health, Safety & Environmental training led to a safer workforce with reduced accident rates in the field, while increasing both employee headcount and service-related revenues.
From May 1998 to July 2005, Mr. Blake served as an officer in the United States Army, working in a number of diverse leadership roles and staff assignments, including tank platoon leader, tank company executive officer, battalion logistics officer, deputy secretary of the general staff and assistant brigade logistics officer. Mr. Blake served in the 4th Infantry Division at Fort Carson, CO and with the 1st Cavalry Division at Fort Hood, TX and in Baghdad, Iraq. Banaise left active duty service in 2005 and worked briefly for Mobitrac, Inc., a start-up software company, before joining the oil and gas industry.
Mr. Blake earned a Bachelor of Science degree in Mathematics from the United States Military Academy at West Point, NY, and is currently pursuing a Master's degree in Business Administration from Oklahoma State University. He and his wife live in Tulsa and have three children.
Sonya Keeney
Operations Coordinator
Direct: (918) 388-8427 | skeeney@frontierenergyllc.com
Sonya Keeney joined Frontier Energy Services, LLC in 2007. From March 2010 to present, Ms. Keeney has worked as Operations Coordinator working closely with the Land Agent team. Ms Keeney was responsible for maintaining the right-of-way files which included a file of originals and an electronic file of scanned documents plus a database file of leases, permits and bank drafts for each system. Additional responsibilities included reviewing bank drafts for completeness of information as well as obtaining proper approval, tracking timely payment, and recording information needed for 1099s, keeping and maintaining a spreadsheet of landowner and right-of-way information for each system, maintaining incoming and outgoing MSAs (Master Service Agreements), generating a log for assigning numbers, mailing required documents, reviewing returned documents for completeness, obtaining approval signatures, keeping insurance certificates valid, mailing an executed copy back to the vendor and maintaining a file of the completed agreements. Ms. Keeney also handled vendor credit applications from beginning through completion, renewal of vehicle registration and tags for field personnel vehicles, and review of expense reports for field personnel.
From June 2007 to March 2010, Ms. Keeney worked as Office Manager/Administrative Assistant and was responsible for distribution of incoming mail, faxes, express mail packages and maintaining the postage meter. Ms. Keeney was also responsible for reconciling employee credit card statements, set-up and maintenance of all project files, existing and new, ordering office supplies, making travel arrangements, coordinating office social events, set-up and ordering meals for client lunches. Ms. Keeney was responsible for working with property management and subcontractors on two office expansions, renewal of contracts for general maintenance and repair of office machines, preparing PowerPoint presentations and spreadsheets, as needed, and preparing and maintaining right-of-way files and credit applications.
From August 1987 to June 2007, Ms. Keeney was an employee of Linde Process Plants and served as Administrative Assistant for the Vice President of International Sales and Business Development, Vice President of Sales & Marketing, Business Unit Manager of Refining and Gas, Director of Construction and Manager of Proposals in the area of Oil and Gas Engineering. While at Linde, 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 the set-up of their new division.
From August 1981 to August 1987, Ms. Keeney was an employee of Williams Brothers Engineering as a Project Secretary, Administrative Assistant for the Director of Civil Engineering, Director of Mechanical Engineering and Director of International Projects.
Ms. Keeney earned her Associate's degree in Business Administration at Bacone College and her Bachelor's degree in Business Administration at Northeastern State University.
Ms. Keeney and her husband reside in Tulsa.
