Reservoir Group Says Hello to New Chairman

Reservoir Group announced the appointment of Christopher Gaut as chairman of its Board of Directors. Reservoir Group specializes in downhole drilling tools, completions and production sectors.

Mr. Gaut is managing director of SCF Partners which is the majority shareholder of Reservoir Group. Prior to joining SCF in 2009, he was president of drilling and evaluation at Halliburton, one of the world's largest energy service companies. Mr. Gaut also served as Halliburton’s executive vice president and chief financial officer from 2003 to 2007.

Pascal Bartette, CEO of Reservoir Group, said, "We are pleased to welcome Mr. Gaut onto our Board. He brings extensive management and drilling experience and in his role as chairman, he will help Reservoir Group grow towards its objective of becoming a superior downhole service and product provider to the international oil and gas industry."

Mr Gaut said, "Reservoir Group has successfully positioned itself as a global leader in its field through a carefully planned strategy. I look forward to being involved in further developing this strategy for the Group's future prosperity."