DALLAS, May 20, 2015 /PRNewswire/ -- RSP Permian, Inc. ("RSP" or the "Company") (NYSE: RSPP) today announced that its shareholders have elected Kenneth V. Huseman to the Company's Board of Directors. Mr. Huseman will serve a three-year term, expiring in 2018, and will replace David Albin of Natural Gas Partners on the Board. RSP's shareholders also re-elected Ted Collins, Jr. and Michael W. Wallace each for another three-year term.
Mr. Huseman, 62, has 35 years of North American oil and gas industry experience, primarily in the oilfield services sector. Mr. Huseman has served as a director of Basic Energy Services, a publicly-traded oilfield services company, since 1999. From 1999 until September 2013, Mr. Huseman served as Basic's president and chief executive officer. Mr. Huseman served in numerous executive and management positions during his career, including roles at Key Energy Services, WellTech, Inc. and Pool Energy Services Co. He also served as a director of Natural Gas Services Group, Inc. from June 2011 until February 2013. Mr. Huseman received a B.B.A. in Accounting from Texas Tech University.
"We are delighted to add Ken to our Board of Directors," said Steve Gray, RSP's chief executive officer and director. "Ken brings a tremendous depth of oil and gas experience to the Board, and his knowledge of and relationships in the oilfield services industry will prove a valuable asset to our already-strong Board. We would also like to thank David and NGP for their support of RSP and their help in positioning the Company for future growth and success."
About RSP Permian, Inc.
RSP is an independent oil and natural gas company focused on the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The vast majority of our acreage is located on large, contiguous acreage blocks in the core of the Midland Basin, a sub-basin of the Permian Basin, primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector and Glasscock. The Company's common stock is traded on the NYSE under the ticker symbol "RSPP." For more information, visit www.rsppermian.com.
SOURCE RSP Permian, Inc.