Lucid Energy Group Appoints Sandra M. Stash as Independent Director

DALLAS--(BUSINESS WIRE)--Lucid Energy Group (“Lucid”) today announced that industry veteran Sandra M. Stash has been appointed independent director, effective October 15, 2020.

Ms. Stash brings extensive international experience in 25 countries on six continents in commercial, operations and engineering, sustainability, risk and crisis management, external affairs, supply chain management, major litigation, compliance and governance, and organizational transformations.

During her distinguished 39-year career, Ms. Stash has served as a senior executive for leading global energy companies including Tullow Oil, Talisman Energy, BP America, TNK-BP and Atlantic Richfield, at which she held a variety of safety, operations, engineering and compliance positions, including most recently executive vice president safety, operations and engineering, and external affairs at Tullow Oil.

Her boardroom experience includes serving as non-executive director for Diversified Gas and Oil Company, Trans Mountain Pipeline Company, EDF Energy Thermal Generation Limited and First Montana Bank; chairman and director Montana Technological University Foundation; director of the Federal Reserve Bank of Minneapolis; and director of the board of governors for the Colorado School of Mines.

“We are pleased to welcome Sandy as an independent director,” said Lucid CEO Mike Latchem. “Her depth of experience within the energy industry and her contributions as an experienced director will be invaluable to Lucid. We look forward to drawing on Sandy’s deep expertise as we execute on our business plan and ongoing ESG initiatives.”

About Lucid Energy Group

Lucid Energy Group is the largest privately held natural gas processor in the Delaware Basin, providing the full range of midstream services to more than 50 customers in New Mexico and West Texas. Lucid is supported by capital commitments from a joint venture formed by Riverstone Global Energy and Power Fund VI, L.P., an investment fund managed by Riverstone Holdings LLC (“Riverstone”), and investment funds managed by the Merchant Banking Division of The Goldman Sachs Group Inc. (“Goldman Sachs MBD”). Please visit www.lucid-energy.com for more information.