Artificial Lift Company Promotes New VP of Operations

The Artificial Lift Company has strengthened its leadership team with the promotion of Peter Moulsdale to director and Vice President, Operations.

Moulsdale joined ALC in 2007 and has played a key role in the development and commercialization of the company's innovative RIGLESS ESP (electric submersible pump) solution. In his new position, he is responsible for the company's operations. He will also continue to be involved in developing and implementing ALC business strategies and growth moving forward.

"Peter is a true asset to Artificial Lift Company and since joining us, he has been instrumental in helping our initial success with the RIGLESS ESP. His knowledge of the industry and technical expertise are ideally aligned with our offering and I am confident his promotion will greatly benefit the future of the company," said ALC President Geoff Kimber-Smith.

Moulsdale will play a major role in ALC's international expansion plans, having worked globally in the artificial lift and completions arena for much of his career. His wealth of expertise and contacts will assist ALC in capitalizing in the many opportunities on offer in key growth areas such as Alaska and the Americas, North Africa and the Middle East.

"Artificial Lift Co. is developing an excellent reputation throughout the industry, which is pleasing given that we are a relatively young company," Moulsdale said. "While 2009 was an important year for us, 2010 will be even more significant given our planned international expansion and existing commitments."