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Essential Energy Services Announces Executive Management Changes


CALGARY, Alberta, Feb. 11, 2019 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential”) announces the following executive changes effective March 8, 2019:

  • Mr. Allan Mowbray, currently Vice President, Finance and Chief Financial Officer, has resigned from his position effective March 8, 2019 to pursue a new opportunity.
  • Mr. Jeff Newman, currently Senior Vice President, Business Development, will be appointed Vice President, Finance and Chief Financial Officer effective March 8, 2019.

Mr. Mowbray joined Essential in 2013 as the Vice President, Finance and Chief Financial Officer.  Essential thanks him for his many contributions and wishes him well in his new endeavor.

Mr. Newman has been with Essential and a predecessor company since 2007, including the role of Vice President, Finance and Chief Financial Officer from 2008 to 2013. He holds the Chartered Professional Accountant (CPA, CA) designation and the Chartered Business Valuator Designation.

ABOUT ESSENTIAL

Essential provides oilfield services to oil and natural gas producers, primarily in western Canada. Essential offers completion, production and abandonment services to a diverse customer base. Services are offered with coil tubing, fluid and nitrogen pumping and the sale and rental of downhole tools and equipment. Essential offers one of the largest coil tubing fleets in Canada. Further information can be found at www.essentialenergy.ca.

The TSX has neither approved nor disapproved the contents of this news release.

PDF available: http://resource.globenewswire.com/Resource/Download/f1e3e2f6-8e4a-4356-98ed-57ec53497d98

FOR FURTHER INFORMATION, PLEASE CONTACT:

Garnet K. Amundson
President and CEO   
Phone:  (403) 513-7272


Karen Perasalo
Investor Relations
Phone:  (403) 513-7272


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