Original Founders Snap Up Ownership of Knowledge Reservoir

Knowledge Reservoir, a leading global geosciences and engineering consulting services company, has announced the completion of a Management Buy Out of the remaining shareholding held in the company by Ziebel AS.

The MBO represents the purchase by the original founders, Dr. Ivor Ellul and Robert Archer, of the majority stake that Ziebel held subsequent to the acquisition of Knowledge Reservoir in May of 2007. Ziebel's advisor in the transaction was Simmons & Company International.

Dr. Ellul, President and CEO of Knowledge Reservoir, stated, "This is an excellent time to be back at the helm of the company, given the ever increasing need for agility in delivering products and services to our client-base."


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Director Downhole Tool Engineering
Expertise: Electrical Engineering|Engineering Manager|MWD / LWD
Location: Houston, TX
Senior Land Professional Job
Expertise: Landman|Lease Analyst
Location: Oklahoma City, OK
Surface Land Professional Job
Expertise: Landman|Lease Analyst
Location: San Antonio, TX
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours