Enventure Global Technology Names New COO

Enventure Global Technology announces the appointment of Michael L. Teers as Chief Operations Officer. In his new position, Mr. Teers will coordinate activities between the company's operations, business development, supply chain and technology groups. He will report to Lance Cook, President and Chief Operating Officer.

"We are excited to have Michael become an official member of our team. As a consultant for Enventure, his systematic approach, industry knowledge, experience and vision have been a great asset for Enventure," said Cook. "Michael's years of experience and leadership will help the company to continue to grow and prosper."

Teers most recently worked as an independent consultant in the energy industry. He brings to Enventure over 30 years experience in the design, manufacturing and application of innovative subsea and completion equipment used extensively in the industry today.

As president of Kvaerner Oilfield Productions, Inc., Teers was responsible for the company's surface, subsea and controls business in the United States. Prior to Kvaerner, he worked for Oceaneering Production Systems and Vetco Gray, Inc. on mobile offshore production systems and subsea production systems, respectively. During his 15 year tenure with Exxon, Teers gained experience with Gulf of Mexico and North Sea subsea production and drilling systems. He graduated Cum Laude with a bachelor's degree in mechanical engineering from California State College.