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Express Energy Services Announces New CFO


News provided by

Express Energy Services, LLC

Aug 01, 2012, 09:00 ET

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HOUSTON, Aug. 1, 2012 /PRNewswire/ -- Express Energy Services, LLC (EES) today announces that John R. Beall has joined as Chief Financial Officer, effective July 5, 2012. Mr. Beall replaces Jim Davis, who is retiring from EES.

(Logo: http://photos.prnewswire.com/prnh/20110201/DA40386LOGO)

Mr. Davis, who was retired at the time, joined Express in 2009 to assist the Company through a challenging financial period and help restore it to a sound financial footing.  He remained with the Company through its rapid recovery and growth over the past two and a half years.

"Express greatly appreciates Jim's contribution to the turnaround and growth of our Company," commented Darron Anderson, Chief Executive Officer of Express, "and we wish him success in his retirement."

Mr. Anderson added, "I would like to thank Jim for his assistance and dedication to our company. He will continue in a transition support role for 90 to 120 days."

Mr. Beall most recently was CFO for ENGlobal Corporation and has over 26 years in senior financial and treasury management roles with both private and public energy services companies. He graduated from Baylor University with a BBA in Marketing and Southern Methodist University with an MBA in Finance.  He has developed in-depth corporate financial and strategic skills serving as a respected financial leader for growing domestic and international companies.

Darron Anderson, Chief Executive Officer of Express, said, "We are delighted that John is joining Express. His extensive knowledge and experience make him an ideal fit to help guide the company to new levels of growth. With a track record of working for both private and public energy services firms, he complements our Executive Leadership team well and I am looking forward to working with him."

Over the last decade, Express has grown into a diversified service company with a service portfolio encompassing Drilling Support, Completion and Production, and Well Intervention services. Express' geographic operating basins encompass the Permian Basin, South Texas, East Texas, Haynesville Shale, Barnett Shale, Niobrara Shale, Bakken Shale, Powder River Basin, Fayetteville Shale, Oklahoma, Marcellus Shale, the Rocky Mountains, Utica Shale and offshore Gulf of Mexico.

Express' philosophy of treating our people as our most valuable asset, operating with the best equipment in the industry and implementing a robust HS&E Management System has allowed us to provide our client base with outstanding and diversified services.

SOURCE Express Energy Services, LLC

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