MIDLAND, Texas, March 19, 2014 /PRNewswire/ -- STW Resources Holding Corp. (OTCQB: STWS), an integrated provider of oilfield services and water management, announced today that effective March 3, it has appointed pipeline industry veteran Larry Crosson to the position of Vice President of Sales. Mr. Crosson will report to the President of the pipeline division Adam Jennings.
Mr. Crosson joins the growing STW team with 40 years' experience in the oil and gas pipeline industry. He started his career in 1973, working construction in ditches and ascended the ranks, serving in installation and repair positions and later in sales and management roles, generating annual sales in excess of $50 million. Since 2000, Mr. Crosson has served as sales supervisor for a global pipeline contractor, supervising more than 60 personnel. Over his career, he has worked at four companies in eight states, while exemplifying loyalty and dedication to those companies and his craft.
Stanley Weiner, Chairman and CEO of STW Resources Holding, said, "I am thrilled to have Larry join the team. His strong industry background and proven track record in business development will be very valuable as STW builds its client base. He brings a wealth of contacts, which will enable us to exponentially accelerate the growth in our Pipeline Maintenance and Construction business and expand into other states."
Larry Crosson commented, "Working with Stan and his entrepreneurial team is a great opportunity for me. I see potential to help take STW to the next level by leveraging my relationships with large midstream companies to target high-dollar contracts. I'm looking forward to playing a key role in the company's rapid expansion."
STW Resources Holdings Corp. is a corporation formed to provide consulting and operational services to the oil and gas industry. Our combination of knowledge and experience in the day to day issues of the oilfield allows us to better fulfill the needs of our customers. The synergy between our product lines allows for sales opportunities across divisions throughout the oil and gas continuum. Current project locations include the Eagle Ford Shale (TX), the west Texas Delaware and Permian Basins (TX), and eastern New Mexico. STW Water Services and Consulting provides customized water analysis, reclamation and remediation services to a variety of complex oil and gas produced and flowback waters, brackish water, industrial and municipal applications. As an independent solutions provider, STW utilizes proven technologies from various well-known manufacturers, available as fixed or mobile units providing varying capabilities. STW Oilfield Construction provides road, pit, location, and water pond construction. STW also offers evaporation covers for the elimination of evaporation and algae growth on frac ponds used throughout the oilfield. STW offers high quality liners with fusion-welded seams, quality control testing including air tests of seams and destruction testing. STW Energy offers a turnkey rig washing service along with the technology to process drilling waste fluids, tank bottoms, and oil based cuttings that will completely eliminate any potential future liabilities (Cradle-to-Grave) to the operators upon disposal. STW Energy's services include roustabout services for several major oil and gas producers. STW Pipeline Maintenance & Construction division aids oil & gas companies in connecting new wells to pipelines so the oil & gas can be sold to market and helps maintain the integrity of their existing aging pipeline infrastructure. For more information, visit www.stwresources.com.
This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
SOURCE STW Resources Holding Corp.