July 24, 2017

Mt. Airy, Louisiana – Pin Oak Holdings, LLC (“Pin Oak” or the “Company”) is pleased to announce that Pin Oak has made two new key hires to its growing team, Chris Robbins as Chief Financial Officer and Taylor Cook as Vice President of Sales & Marketing, effective immediately.

Mr. Robbins joins Pin Oak after a more than twenty-year career in the energy and midstream space, most recently serving as Chief Finance and Accounting Officer at US Development Group LLC, a company engaged in designing, developing, owning and managing large-scale multi-modal logistics centers and energy-related midstream infrastructure across North America. Mr. Robbins will be responsible for the finance, accounting, and risk management functions at Pin Oak, and will serve a member of the Executive Management Team.

“Chris is a perfect fit for the customer-focused platform we are developing at Pin Oak, and his experience building assets and companies along with raising capital for expansion and acquisitions will prove vital as we continue to grow via acquisition and incremental development,” said Mike Reed. “His skill establishing scalable finance, accounting, and risk management functions will serve our fast-growing company well.”

“Pin Oak brings a customer and safety-first mentality to the terminalling business,” said Mr. Robbins. “Having watched Pin Oak grow from the outside looking in over the past three years, I am impressed at the progress they made and look forward to helping build on the Company’s success for many years to come.”

Mr. Cook joins Pin Oak after two years of commercial management at Stolt’s U.S. Terminals. Prior to that, Taylor worked for Pin Oak’s CEO, Mike Reed, managing sales, marketing and business development at another Houston-based facility.  Mr. Cook will report to Mike and will supplement the commercial, business development, and customer service team of the Company.

“We are extremely excited to be bolstering our Sales & Marketing team as the terminal begins operations and additional customer contracted tanks are brought on line,” said Mike Reed. “I worked with Taylor in the past and he fully understands what customers want and need in the petroleum and chemical space which will be an invaluable asset for our current and future customers. As we expand Pin Oak Terminals and look to develop and own other terminals, Taylor will be an important resource to help fuel that growth.”