DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and
service distributor that adds value and total cost savings solutions to
MRO and OEM customers in virtually every industry, today announced that
David Patton was appointed to the Company’s Board of Directors on July
8, 2016. Mr. Patton’s term will expire at the Company’s next annual
shareholder meeting, at which time he will stand for re-election by the
Company’s shareholders.
“David will be a great addition to the DXP Board,” said David Little,
Chairman and CEO. “David’s years of experience in various legal aspects
of the oil and gas industry bring an important perspective to the
boardroom.”
Mr. Patton is a partner at Locke Lord LLP and Co-Chair of the Locke Lord
LLP’s Energy Practice Group. He has over 39 years of experience in
various legal aspects of the oil and gas industry, including
acquisitions and sales of assets or equity interests, drafting and
negotiating leases, contracts, and agreements related to field
operations. David has represented clients in connection with surface use
conflicts, day to day exploration and development activities, and the
resolution of oil and gas disputes. He is a frequent speaker on oil and
gas issues and is active in the Rocky Mountain Mineral Law Foundation
and the State Bar of Texas.
David is the immediate Past Chair of the Oil, Gas and Energy Resources
Law Section of the State Bar of Texas; a Trustee of the Rocky Mountain
Mineral Law Foundation; a Fellow of the Texas Bar Foundation; the 2012
Houston Oil & Gas Lawyer of the Year by Best Lawyers; Nationwide Leader,
Energy: Oil & Gas (Transactional); Chambers USA’s Leading Lawyers in
America; Best Lawyers in America, Oil and Gas Law (2010 – 2016); and is
on the Advisory Board of the Texas Journal of Oil, Gas and Energy Law.
The Private Securities Litigation Reform Act of 1995 provides a
“safe-harbor” for forward-looking statements. Certain information
included in this press release (as well as information included in oral
statements or other written statements made by or to be made by the
Company) contains statements that are forward-looking. Such
forward-looking information involves important risks and uncertainties
that could significantly affect anticipated results in the future; and
accordingly, such results may differ from those expressed in any
forward-looking statement made by or on behalf of the Company. These
risks and uncertainties include, but are not limited to; ability to
obtain needed capital, dependence on existing management, leverage and
debt service, domestic or global economic conditions, and changes in
customer preferences and attitudes. For more information, review the
Company's filings with the Securities and Exchange Commission.
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Copyright Business Wire 2016
Source: Business Wire
(July 8, 2016 - 8:17 PM EDT)
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