SPS International Appoints New CEO and Key Personnel

SPS International has appointed a new chief executive and two key personnel to further build upon its successful position in the global oil and gas market.

Glynn Williams will become chief executive with effect from January 1, 2005. Williams has more than 20 years¹ experience in the oil services industry in a wide number of areas including drilling operations, drill stem testing, cased-hole services, production testing and production logging.

Williams was a joint founder of Sensa, the 3i and Lime Rock backed fibre optic downhole monitoring and logging company which was acquired by Schlumberger in 2001. Williams formerly held a range of management roles in Schlumberger and Expro. He has significant international experience with assignments in the Asia Pacific region, West Africa and North America.

Also joining the company are Nigel Leggett, vice president of business development and Robert Preston, vice president of marketing. Both appointments will also take effect from January 1, 2005.

Leggett has more than 20 years experience in the oil and gas industry, having worked for Schlumberger, British Gas and Transocean. He was also joint founder of Sensa and has experience of building a high-value specialist service provider He brings a strong technical knowledge of well bore design and drilling operations, well testing, open hole logging, cased-hole services and production logging to the company.

Preston joined the oil industry in 1999 and has a unique skill set for the oil services industry in international consumer goods marketing. He initially developed and implemented the marketing plan for Sensa, and following the acquisition by Schlumberger he went on to become responsible for the global management of the Schlumberger brand. Most recently, he has been advising several international oilfield technology companies on strategic marketing planning and implementation.

Chairman of SPS International Jeremy Henderson said: "I am confident that with Glynn¹s leadership and the complementary skills that Nigel and Robert bring to the SPS management team, we can look forward to further strategic growth in 2005 and beyond".

Williams said: "SPS International has a long-established reputation as the company of choice in the worldwide pre-completion wellbore clean-up tools market. We will be looking to enhance this successful reputation and ensure that we are well positioned to secure even stronger competitive advantage and profitable growth in the years ahead."