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EIM Capital appoints LNG veteran to Board of Advisors

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LNG Industry,

Mike Stice gas been appointed to EIM Capital’s Board of Advisors. EIM Capital is a private equity investment manager company based in Mexico. Stice has extensive experience in the LNG sector, as well as in the shale oil and gas sectors and in the transportation of hydrocarbons.

Stice said: “I am proud to join EIM Capital, with the shared goal of creating jobs and prosperity for the Mexican people through significant investment into a key industry. I am impressed with the speed at which the Mexican government has advanced and the early success of the reform. However, while I am confident that Mexico can achieve success akin to what we experienced in the US over the past 10 years, it will require a more practical approach by the Mexican government, enhanced security, increased skills training, and trustworthy partners, such as EIM Capital. If that happens, and we believe that we can help make it happen, Mexico will be a completely different and prosperous country 10 years from today.”

To name but a few of his previous titles, Stice has served as: CEO of Access Midstream Partners; the President and CEO of Chesapeake Midstream Development; the Senior Vice President of Natural Gas Projects of Chesapeake Energy; and President of ConocoPhillips Qatar – where he was in charge of the management, development and construction of both LNG liquefaction and regasification projects.

Franco C. Hamdan, the CEO of EIM Capital, said: “Mike is one of the most admired people in the energy industry, globally, in the US, and in academia. His experience building out Chesapeake's midstream division around unconventional plays and his global experience will be invaluable. His belief in the future of Mexico from an investor and academic perspective is another vote of confidence in Mexico's energy reform. We are honoured and enthusiastic to welcome him as the newest member of the team.”

Edited from press release by David Rowlands

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