FORT WORTH, Texas, Aug. 14, 2018 /PRNewswire/ -- Basic Energy
Services, Inc. (NYSE: BAS) ("Basic" or the "Company") today
announced the appointment of David
Schorlemer as Senior Vice President and Chief Financial
Officer. Mr. Schorlemer is an accomplished professional with two
decades of experience in senior level positions with public and
private companies spanning such areas as finance, technology,
business process systems integration, growth acquisitions,
strategic and organizational planning and capital markets
transactions, among others. In his role as Senior Vice President
and Chief Financial Officer, he will be responsible for overseeing
and managing all of Basic's finance, technology and accounting
responsibilities. Mr. Schorlemer's appointment will be effective
August 27, 2018.
"With David joining our team, we are adding a talented and
experienced individual with a unique background in finance,
technology, organic and acquisition growth, strategic planning and
capital markets transactions," said Roe Patterson, Basic's
President and Chief Executive Officer. "As we continue to
grow our business and implement our strategic initiatives, David's
extensive industry knowledge and financial management experience
will prove valuable."
Mr. Schorlemer is replacing Alan
Krenek, who retired as the Company's Senior Vice President,
Chief Financial Officer, Treasurer and Secretary, effective
August 15, 2018.
Concerning Mr. Krenek's retirement, "It has been a pleasure to
work with Alan over the last 12 years. We thank him for his years
of steadfast service to the company and we wish him the very best
in his retirement," Mr. Patterson
said.
About Basic Energy Services
Basic Energy Services provides well site services essential to
maintaining production from the oil and gas wells within its
operating area. The Company employs more than 4,100 employees in
more than 100 service points throughout the major oil and gas
producing regions in Texas,
Louisiana, Oklahoma, New
Mexico, Arkansas,
Kansas, and the Rocky Mountain and
Appalachian regions. Additional information on Basic Energy
Services is available on the Company's website
at www.basicenergyservices.com.
Contacts:
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Trey Stolz, VP
Investor Relations
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Basic Energy
Services, Inc.
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817-334-4100
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Jack Lascar / Kaitlin
Ross
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Dennard Lascar
Investor Relations
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713-529-6600
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SOURCE Basic Energy Services, Inc.