Basic Energy Services Appoints New Director
December 21 2005 - 7:00AM
PR Newswire (US)
MIDLAND, Texas, Dec. 21 /PRNewswire-FirstCall/ -- Basic Energy
Services, Inc. (NYSE:BAS) today announced the appointment of Mr.
Thomas P. Moore, Jr. as a Director on its Board of Directors
effective December 16, 2005. Mr. Moore retired from his position at
State Street Global Advisors in July 2005, where he had served as a
Senior Principal, the head of Global Fundamental Strategies, and a
member of the Senior Management Group since 2001. Mr. Moore is a
Chartered Financial Analyst and currently serves as a director of
several privately-held companies. Mr. Moore holds an M.B.A. degree
from Harvard Business School. Mr. Moore has been appointed to serve
as Chairman of the Company's Audit Committee and to serve on the
Nominating and Corporate Governance Committee. Mr. Moore will serve
as a Class III Director and will stand for election at the
Company's annual meeting of stockholders scheduled to be held in
2008. After Mr. Moore's appointment, the Company's Board will have
eight directors, four of whom have been determined by the Board to
be independent directors (as determined in accordance with the New
York Stock Exchange's independence requirements). Basic Energy
Services, with a fleet of more than 300 well servicing rigs,
provides a range of well site services to oil and gas drilling and
producing companies throughout the major oil and gas regions in
Texas, Louisiana, Oklahoma, New Mexico, Louisiana and the Rocky
Mountain States. Contacts: Alan Krenek, Chief Financial Officer
Basic Energy Services, Inc. 432-620-5516 Jack Lascar/Sheila Stuewe
DRG&E / 713-529-6600 DATASOURCE: Basic Energy Services, Inc.
CONTACT: Alan Krenek, Chief Financial Officer of Basic Energy
Services, Inc., +1-432-620-5516; or Jack Lascar or Sheila Stuewe,
both of DRG&E, +1-713-529-6600, for Basic Energy Services, Inc.
Copyright