Skip breadcrumb.

Archived Press Releases

SemGroup Announces Chief Risk Officer Selection
November 20, 2009
Tulsa, OK – Nov. 20, 2009 – SemGroup, LP announced today that the company has selected David Gorte as its chief risk officer (CRO). The CRO will report directly to Norm Szydlowski, SemGroup’s presumptive chief executive officer. Gorte will be responsible for developing risk management governance and for independent risk management assessments of transactions and strategies.
Read More...

SemGroup Selects Chief Financial Officer
November 17, 2009
Tulsa, OK— Nov. 17, 2009 —SemGroup, LP announced today that the company has selected Bob Fitzgerald as its chief financial officer. Fitzgerald will assume the post upon the company’s emergence from Chapter 11 reorganization, which is expected to occur this month.
Read More...

SemGroup Wins Confirmation of Plan of Reorganization
October 26, 2009
• Plan Supported by Secured Lenders, Unsecured Creditors Committee, Official Producers Committee
• Court Ruling is Last Major Milestone in Restructuring
• Company On Schedule to Exit Chapter 11 in November

Read More...

SemGroup Resumes Search for Chief Financial Officer
October 5, 2009
Tulsa, OK— Oct. 5, 2009 —SemGroup, LP announced today that the company has resumed its search for a chief financial officer to be part of the management team once the company completes its reorganization. SemGroup is expected to exit Chapter 11 in November 2009.
Read More...

SemGroup Wins Approval of Fourth Amended Disclosure Statement
September 24, 2009
*Company to Seek Confirmation of Plan on October 26
Read More...

SemGroup Reaches Agreement in Principle with Producers
September 16, 2009
Tulsa, OK— Sept. 16, 2009 —SemGroup, LP announced today it has reached an agreement-in-principle with the Official Producers Committee in its Chapter 11 proceedings on the terms of the company’s Plan of Reorganization, thereby keeping the company on schedule to emerge from Chapter 11 in November as planned.
Read More...

SemGroup Selects New Executive Team, Board of Directors
September 8, 2009
• Veteran Energy Executive Selected President and CEO
• Former CITGO CFO Selected to Same Position at SemGroup
• 7-Member Board to Include 6 Independent Directors
Read More...

SemGroup Files Third Amended Plan of Reorganization
August 25, 2009
• Revised Plan Allows Company to Exit Bankruptcy Prior to Conclusion of Ongoing Litigation
• Opt-In Proposal Provides Opportunity for Cash Settlement
• Syndication Date for $500 Million Exit Facility to be Announced Shortly

Read More...

Court Approves SemGroup’s Sale of SemFuel Assets
August 14, 2009
Tulsa, OK— August 13, 2009 —SemGroup, LP today received approval from the U.S. Bankruptcy Court for the District of Delaware to sell the principal assets of its SemFuel LP subsidiary to Noble Americas Corp. for $65.35 million.
Read More...

SemGroup, LP names new President of SemStream
August 12, 2009
Tulsa, OK— August 12, 2009 —SemGroup, L.P. announced today Kevin Clement has been named President of its SemStream, L.P. subsidiary. He succeeds Larry Payne who has resigned to pursue other opportunities.
Read More...

More Press Releases...1  2  3  4  5  6  7  8  9  10