Oil States Adds Darrell E. Hollek to its Board
June 11 2018 - 5:00PM
Oil States International, Inc. (NYSE:OIS) announced today that its
Board of Directors elected Darrell E. Hollek as a member of its
Board of Directors. Mr. Hollek will serve as a Class III Director
with an initial term expiring in May 2019.
“I’m happy to welcome Darrell to his new role as
a Director of Oil States. Darrell brings extensive onshore and
offshore energy industry experience to our Board and our Company,
which will provide us with meaningful benefits as we continue to
focus on our long-term growth and success," said Cindy B. Taylor,
Oil States' President and Chief Executive Officer.
About Darrell E. HollekDarrell E. Hollek is the
retired Executive Vice President, Operations of Anadarko Petroleum
Corporation (“Anadarko”), an independent oil and natural gas
exploration and production company with operations onshore and
offshore the United States, and internationally in Africa and South
America. His responsibilities included U.S. onshore exploration,
production and midstream activities along with Gulf of Mexico and
international operations. During his 38 year career at Anadarko,
Mr. Hollek held a number of senior leadership positions, including
Executive Vice President, U.S. Onshore Exploration and Production,
Senior Vice President, Deepwater Americas Operations and Vice
President of Gulf of Mexico and Worldwide Deepwater Operations. Mr.
Hollek holds a Bachelor of Science degree in Mechanical Engineering
from Texas A&M University.
About Oil StatesOil States International,
Inc. is a global oilfield products and services company
serving the drilling, completion, subsea, production and
infrastructure sectors of the oil and gas industry. The Company’s
manufactured products include highly engineered capital equipment
as well as products consumed in the drilling, well construction and
production of oil and gas. Through its recent acquisition
of GEODynamics, Inc., the Company is also a leading
researcher, developer and manufacturer of engineered solutions to
connect the wellbore with the formation in oil and gas well
completions. Oil States is headquartered in Houston,
Texas with manufacturing and service facilities strategically
located across the globe. Oil States is publicly traded
on the New York Stock Exchange under the symbol
“OIS”.
For more information on the Company, please
visit Oil States International, Inc.’s website at
www.oilstatesintl.com.
Forward Looking StatementsThe foregoing contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking statements are those that do not state
historical facts and are, therefore, inherently subject to risks
and uncertainties. The forward-looking statements included herein
are based on current expectations and entail various risks and
uncertainties that could cause actual results to differ materially
from those forward-looking statements. Such risks and uncertainties
include, among other things, risks and uncertainties relating
to Oil States' ability to retain GEODynamics' and
Falcon's customers and employees, the ability to successfully
integrate GEODynamics' and Falcon's operations, product lines,
technology and employees into Oil States' operations, and
the ability to achieve the expected synergies as well as accretion
in earnings; risks associated with the general nature of the energy
service industry; and other factors discussed in the “Business” and
“Risk Factors” sections of the Company’s Annual Report on Form 10-K
for the year ended December 31, 2017, Quarterly Reports on
Form 10-Q and Periodic Reports on Form 8-K. Readers are
cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date hereof, and, except as
required by law, the Company undertakes no obligation to update
those statements or to publicly announce the results of any
revisions to any of those statements to reflect future events or
developments.
Company Contacts: Lloyd A.
HajdikOil States International, Inc.Executive Vice President, Chief
Financial Officer and Treasurer 713-652-0582
Patricia GilOil States International,
Inc.Director, Investor Relations713-470-4860
SOURCE: Oil States International, Inc.
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