“I am extremely excited to join the EWS team, as its new President and COO, and share in the Company’s vision for the development of the water midstream space. I believe in breaking down a business’ operations into its various risk buckets to understand each element individually and as part of the whole. By deploying safe, smart practices at the outset of an operation, we are able to deliver consistent and reliable services… We are committed to a ground and surface water focus while supporting transparent water utilization for the betterment of our communities, partners and clients.”
Mr. Claypool has comprehensive experience in the midstream Oil & Gas space, having spent the majority of 2017 developing and marketing the Pioneer Midstream unit train frac sand project in Oklahoma. In March 2017, he joined BioUrja as President of their midstream business, in conjunction with the acquisition of Dakota Plains assets in New Town, ND. The New Town terminal, located in the Bakken oil fields, was originally developed and owned by Dakota Plains and is a state-of-the-art railroad transloading terminal for crude by rail, frac sand and NGLs. Mr. Claypool served in board and executive capacities at Dakota Plains from February 2011 through February 2017, with most of his six years there as President and COO. While with Dakota Plains, Mr. Claypool directly managed over $80M in CAPEX projects, including the construction of their crude by rail, sand transloading and crude oil pipeline infrastructure. At its peak, the North Dakota terminal had over 50 employees reporting into Mr. Claypool. Starting the track record after the expansions in January 2014, his team safely managed over 41M barrels of crude oil, 1.4M tons of frac sand and 8M gallons of NGLs, representing over 70,000 rail cars of transloading. Mr. Claypool also dedicated extensive time to corporate strategy, actively leading business development, investor relations and public market responsibilities. During his tenure at Dakota Plains, he led the startup of three distinct subsidiaries which contributed to a peak Market Capitalization of their NYSE stock of $200M. Mr. Claypool co-founded Cedar Midstream, which sold its Cushing, OK crude oil storage project called Wildhorse Terminal in 2016. The project is currently in development and has been announced to have 4.5M barrels of crude oil storage online in 2020. Prior to Dakota Plains, Mr. Claypool held business development and management responsibilities with AT&T and General Electric. Mr. Claypool holds a Bachelor of Business Administration from the University of Iowa.