HOUSTON, June 22, 2015 /PRNewswire/ -- Key Energy
Services, Inc. (NYSE: KEG) announced today that Robert Drummond, age 54, has joined the Company
as President and Chief Operating Officer, effective immediately.
Mr. Drummond was formerly employed by Schlumberger for 31 years,
serving in various positions of increasing responsibility including
management, business development and operations. He most
recently served as President of Schlumberger Limited's North
American business unit.
With Mr. Drummond assuming the position of President, Richard J.
"Dick" Alario will remain Key's Chairman and Chief Executive
Officer.
Mr. Alario said: "Robert is a talented and proven executive with
the ideal skill set to manage Key's operations. Robert has earned a
reputation as a highly engaged and knowledgeable leader with a long
history of delivering superior operational performance. His
industry expertise and strategic skills mesh extremely well with
Key's businesses, and thus, he is very well suited to lead our
day-to-day operations. I couldn't be more pleased to announce that
we have recruited an executive of Robert's caliber as Key's
President."
Mr. Drummond said: "I am very excited to join Key's senior
management team. I look forward to working with Key's
talented team in accelerating the momentum that the Company is
building. Key's leading reputation in well servicing, its
strategic focus on helping its customers increase oil and gas
production and the growing inventory of wells that will require
servicing enhance our opportunity to generate value for our
customers and shareholders in the years ahead."
Mr. Drummond is a member of the Society of Petroleum Engineers
and serves as a Director of the National Ocean Industries
Association and is a member of its Executive Committee. In
addition, he serves on the Board of Directors for the Petroleum
Equipment Suppliers Association and the Houston Offshore Energy
Center. Formerly, he served on the Board of Directors for the
Greater Houston Partnership and on the Board of Trustees for the
Hibernia Platform Employees Organization – Newfoundland; and as an advisory board member
for each of the University of Houston
Global Energy Management Institute, the Texas
Tech University Petroleum Engineers and Memorial University's Oil and Gas Development
Partnership.
About Key Energy Services
Key Energy Services is the largest onshore, rig-based well
servicing contractor based on the number of rigs owned. Key
provides a complete range of well intervention services and has
operations in all major onshore oil and gas producing regions of
the continental United States and
internationally in Mexico,
Colombia, Ecuador, the Middle
East and Russia.
Contact:
West Gotcher, Investor Relations
713-757-5539
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SOURCE Key Energy Services, Inc.