Come meet John Harpole this month's speaker and the folks from Caliber Midstream, our Prominent Pipeliners!
We are excited to announce and want to let everyone know that Mr. John Harpole of Mercator Energy has agreed to come speak at the next RMPC lunch on June 30th! Mercator Energy LLC, located in Littleton, CO, has been providing a wide variety of energy services to western U.S. natural gas producers and end-users since 1993. John Harpole, Mercator’s founder and owner, managed natural gas purchasing requirements for General Electric facilities located throughout the United States during the late 1980’s and early 1990’s. That hands-on experience led to a comprehensive knowledge of natural gas interstate pipeline dynamics and regional pricing differentials.
During his career, Harpole has provided strategic advice and counseling to independent oil and gas producers, power producers, major electric and gas utilities, hedge funds and energy traders, retail and wholesale energy marketers, equipment vendors and large energy users typically at the CEO level. He has also played a key role in developing innovative new business structures and in helping to transform energy and environmental policy at the state and federal levels.
Harpole is a board member of the Western Energy Alliance (formerly IPAMS), the Colorado Oil and Gas Association, the Leadership Program of the Rockies, University of Colorado’s Global Energy Management Program (GEM) and Energy Outreach Colorado.
Harpole has travelled to China twice in the last three years to instruct employees of PetroChina on the regulatory and marketing history of natural gas in the United States.
Caliber Midstream is this month's Prominent Pipeliner! Congratulations Caliber!
Caliber Midstream is an independent, growth-oriented energy infrastructure company that provides a full suite of midstream services to producers in the Bakken and Three Forks shale oil plays. We are focused on developing innovative, cost-effective and efficient solutions developed synergistically, to handle a producer's molecules, not just their hydrocarbons. Caliber's services include crude oil and natural gas gathering, transportation, treating and processing; produced water transportation and disposal in Caliber operated injection wells; and freshwater sourcing and transportation by pipeline linked to various points of supply. Caliber's initial asset base is strategically located in McKenzie County, North Dakota — in the heart of the developing, economically-established Bakken and Three Forks shale oil plays. Caliber also has a growing presence in Williams County.
Caliber is led by a customer-focused and experienced management team with a unique and proven blend of technical, commercial, financial, land and regulatory experience. Funded in October 2012, the company is a joint venture supported by an initial total of $180 million in equity capital contributions from First Reserveand Triangle Petroleum Corporation (NYSE MKT: TPLM). Caliber subsequently announced a $200 million leverage-based credit facility on December 18, 2013, increasing its ability to fund its capital projects. Caliber is a long-term vision for both First Reserve's Energy Infrastructure Fund and Triangle who envision making additional capital contributions as Caliber continues to grow. With more than $26 billion in aggregate capital raised over 30 years, First Reserve is the oldest and largest global private equity firm focused exclusively on energy. The firm's Energy Infrastructure Fund has a long-term focus. Caliber's affiliation with First Reserve provides a long-term and ongoing source of capital from a highly regarded and well established financial partner in addition to access to the firm's large industry network.