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RRMS Rose Rock Midstream, L.P. Common Units Representing Limited Partner Interests

27.16
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rose Rock Midstream, L.P. Common Units Representing Limited Partner Interests NYSE:RRMS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.16 0 01:00:00

SemGroup Corporation and Rose Rock Midstream Announce Planned Retirement of Vice President Peter L. Schwiering

10/02/2016 9:17pm

GlobeNewswire Inc.


Rose Rock Midstream, L.P. Common Units Representing Limited Partner Interests (NYSE:RRMS)
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SemGroup® Corporation (NYSE:SEMG) and Rose Rock Midstream, L.P. (NYSE:RRMS) today announced that Peter L. Schwiering, 71, who has served as a SemGroup vice president since February 2012, and in a variety of other leadership roles with the Company’s crude oil division since November 2000, including most recently as Chief Operating Officer and a director of the general partner of Rose Rock, will retire once a successor is in place. He will continue to serve in his current capacities until a successor is in place to ensure an orderly transition. 

SemGroup will initiate a comprehensive search process to identify a successor. The company will consider both internal and external candidates, and Schwiering will work with the company to help identify his successor.

Carlin G. Conner, president and chief executive officer of SemGroup, said, “On behalf of SemGroup and Rose Rock, we wish Pete all the best in his retirement. With more than 40 years of industry experience, Pete has been a critical component in the growth of our company. Fortunately for us we expect to have access to Pete and his vast knowledge of crude oil markets post retirement by means of a consultancy agreement. Pete will also be instrumental in selecting his successor later in the year.”

About SemGroup Corporation Based in Tulsa, Oklahoma, SemGroup® Corporation (NYSE:SEMG) is a publicly traded midstream service company providing the energy industry the means to move products from the wellhead to the wholesale marketplace. SemGroup provides diversified services for end users and consumers of crude oil, natural gas, natural gas liquids, refined products and asphalt. Services include purchasing, selling, processing, transporting, terminalling and storing energy.

About Rose Rock MidstreamRose Rock Midstream, L.P. (NYSE:RRMS) is a growth-oriented Delaware limited partnership formed by SemGroup® Corporation (NYSE:SEMG) to own, operate, develop and acquire a diversified portfolio of midstream energy assets.  Rose Rock Midstream provides crude oil gathering, transportation, storage and marketing services.  Headquartered in Tulsa, OK, Rose Rock Midstream has operations in six states with the majority of its assets strategically located in or connected to the Cushing, Oklahoma crude oil marketing hub.

Contacts:
Investor Relations: 					
Alisa Perkins
SemGroup - 918-524-8081
Rose Rock Midstream - 918-524-7711
investor.relations@semgroupcorp.com
roserockir@rrmidstream.com

Media:
Kiley Roberson
918-524-8594
kroberson@semgroupcorp.com
kroberson@rrmidstream.com

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