LUX Assure Welcomes New Chairman

LUX Assure has appointed Laurence Ormerod as chairman further strengthening the firm's focus on the global oil and gas sector.

With 30 years experience in the oil and gas industry, Mr. Ormerod has been a non-executive director with the firm since June 2010 and takes over the role of chairman from Adam Christie, who remains with LUX Assure as a non-executive director.

Mr. Ormerod began his career as a field engineer working for Schlumberger and was managing director of EPS Ltd from 1992 to 2004, where he led the company through a period of considerable growth, leading to its eventual purchase by Weatherford in 2004.

Emma Perfect, managing director and chief scientific officer at LUX Assure said, "We are delighted to announce Laurence as the new chairman of LUX Assure. Since coming on board last year as a non-executive director, his knowledge and expertise has been a great asset to us.

"Laurence's experience from an end user perspective in the industry is invaluable as we continue to deploy and commercialize our technologies within the oil and gas market. His advice on the value of the technologies and where to target them within the industry is of great benefit to LUX Assure and adds to our existing expertise within the company."

Mr. Ormerod added, "It is a great honor for me to be appointed chairman of LUX Assure. I hope that my skills and expertise will continue to add to the success which the firm has already enjoyed and I am looking forward to contributing to the growth of the company in my new role."