Azura Energy Appoints Ruben Saier as Chief Executive Officer.HOUSTON -- Azura Energy Systems, Inc. ("Azura") announced today that it has appointed Ruben Saier as the Company's Chief Executive Officer. Saier will be responsible for overseeing Azura's future growth, operations and strategy, including the growth and direction of the Company's land and subsea Subsea is a general term frequently used to refer to equipment, technology, and methods employed to explore, drill, and develop oil and gas fields that exist below the ocean floors. This may be in "shallow" or "deepwater". product and service lines. "Ruben brings extensive industry knowledge to the Company along with industry product experience, international expertise and institutional best practices to our growing company," said Curtis Huff, General Partner of Azura's controlling entity, Intervale in·ter·vale n. New England A tract of low-lying land, especially along a river. [Variant (influenced by vale1) of interval. Capital, and has recently served as interim CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Azura. "We are excited to have Ruben on board. He will play an integral role in continuing to position Azura as an innovative leader in the pressure control and sub-sea markets." Saier spent 24 years with Schlumberger, where his responsibilities included senior divisional management, business development and general management in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , West Africa and Europe. Most recently, Saier led a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. business unit which focused on production management for Schlumberger in Houston. Saier has also served in senior management roles at Repsol/YPF. About Azura Energy Systems Azura Energy Systems was created in January 2006 through the merger of Superior Wellhead well·head n. 1. The source of a well or stream. 2. A principal source; a fountainhead. 3. The structure built over a well. wellhead Noun 1. , Inc., Nautilus nautilus, in zoology nautilus, cephalopod mollusk belonging to the sole surviving genus (Nautilus) of a subclass that flourished 200 million years ago, known as the nautiloids. Marine Technologies, Inc. and the acquisition of Gilmore Valve Co. The Company focuses on the manufacture and sale of wellheads, trees and valves for the land and subsea markets. Azura Energy Systems maintains 12 North American manufacturing and sales locations with over 150 employees. Azura Energy Systems is controlled by a private equity fund, Intervale Capital, a private equity investment fund with offices in Boston, MA and Houston, TX. About Intervale Capital Intervale Capital is a private equity firm which invests in middle market companies in the energy industry. Intervale Capital is particularly focused on manufacturing and service businesses in the oil and gas sector, and currently has investments in eight companies with headquarters located in Calgary, Dallas, Houston, Los Angeles, and Reading, England. These businesses have operations in 55 countries around the world. |
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