Blackwater Midstream Corp. (OTCBB: BWMS) is pleased to announce the
election of members to its Board of Directors by an overwhelming
percentage of the votes cast by its shareholders. Elected to the
Company's Board of Directors were:
Michael Suder – Mr. Suder has been the Chief Executive Officer and a
Director of the Company since May 2008. Mr. Suder's career has been
rooted in the liquid storage terminalling industry. He has held
ownership and executive positions with major storage terminal companies;
such as Kinder Morgan, LBC Tank Terminals, and Delta Terminal Services.
Herbert Whitney – Mr. Whitney served on the Company's Board of Directors
from 2008 through 2010. Mr. Whitney has extensive experience and
knowledge in the USA energy refining and distribution industry. He
currently serves on various boards and has managed various departments
for CITGO, Colonial Pipeline Company, Lazarus Energy Holdings and is the
owner and President of Wildcat Consulting, LLC.
Philip Tracy – Mr. Tracy has over 37 years of international oil and gas
industry engineering and management experience and is an honorary
professor at Heriot-Watt University in Scotland. He has held executive
and managerial positions with Cairn Energy in the UK and in India and
was Managing Director of Providence Resources PLC. He currently serves
on various boards in the USA, UK and India.
William Gore – Mr. Gore is the founder of Manfield Partners Ltd, a
specialist UK-based Venture Capital fund, and has focused his career in
working with emerging growth companies around the world. He currently
serves on various boards and was formerly on the Chair of Governors at
the University of Essex in the UK.
William D. Weidner – Mr. Weidner is the President of River Construction,
Inc., a marine contractor headquartered in the New Orleans area for
almost 25 years. Throughout his career, Mr. Weidner has worked with
various marine engineering, petroleum production fabrication and
The Company's Board of Directors and Management team are committed to
increasing shareholder value and profits through continuing expansion at
its Westwego, LA and Brunswick, GA terminals and through strategic
Mr. Suder commented that, "I have great faith and belief in our newly
elected Board of Directors. Our Board is composed of a very talented
group of people with global business experience.