HOUSTON – April 4, 2017. Rockwater Energy Solutions, Inc., a leading water management and chemical technologies solutions provider to the oilfield industry, announced today that David Stuart, former Vice President of Operations for Rockwater, will be assuming the role of Senior Vice President – Corporate Development and Strategy.
“David has done an exemplary job driving the integration of new technology and supporting our operations during a challenging period in our industry,” commented Holli Ladhani, Chairman, President and CEO of Rockwater. “We see tremendous opportunities to continue to expand our technical solutions and to grow our business and Mr. Stuart will play a key role in helping us execute.”
Mr. Stuart began his career with Schlumberger as a Field Service Engineer, and has over 30 years of experience in operations, corporate development, sales, marketing, and business management in the upstream oil and gas services. Stuart joined Rockwater in 2012 to develop and implement the company’s produced water treatment and reuse strategy, and has most recently led the company’s operational support, strategy development, plan execution, and M&A initiatives.
Mr. Stuart holds a Bachelor of Science degree in Petroleum Engineering from the University of Alabama and a Masters of Business Administration from Texas A&M University. He earned a General Management Certificate from The University of Texas, and is a long standing member of the Society of Petroleum Engineers, American Petroleum Institute, American Associations of Drilling Engineers.
About Rockwater Energy Solutions, Inc.
We are a leading provider of comprehensive water management solutions to the North American unconventional oil and gas industry, and we believe we are the only company that provides complementary chemistry products and expertise in connection with our water solutions. The water management solutions we provide include water sourcing, transfer, treatment, testing, remote monitoring, and storage; site and pit surverys; flowback and well testing; fluids conditioning and recycling; and field fluids logistics and consulting services. We also develop and manufacture a full suite of specialty chemicals used in the well completion process and production chemicals used to enhance performance over the producing life of a well, which we believe gives us a unique competitive advantage in our industry. We currently provide our services to exploration and production companies and oilfield service companies operating in all the major shale and producing basins in North America, including the Permian Basin, the Mid-Continent (including the SCOOP/STACK plays), the Bakken, Western Canada, the Marcellus and Utica basins, the Rockies and the Eagle Ford.
Cautionary Statement Concerning Forward-Looking Statements. This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, statements about our plans, objectives, expectations and intentions. Our forward-looking statements are generally, but not always, accompanied by words such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “should,” “may,” “will,” plan,” “goal,” “can,” “could,” “continuing,” “ongoing,” “intend,” or other words that convey the uncertainty of future events or outcomes. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.