Exterran Appoints Steve Coffee as Director of Market Development for Exterran Water Solutions
HOUSTON, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE: EXTN) (“Exterran” or the “Company”) announced that it has appointed Steve Coffee as Director, Market Development for Exterran Water Solutions, with a focus on the North American shale market.
With global oil production at record levels and with shale oil & gas production also breaking records in North America, produced water volumes have increased to record levels causing a resurgence and increased need for produced water treatment solutions. Exterran continues to enhance its commercial and technical solutions to address produced water treatment problems through its Exterran Water Solutions (EWS) division. To further strengthen our market position, Exterran has appointed Steve Coffee to lead commercial operations in North America.
Steve Coffee was formerly, President and CEO of Enerscope. In addition to having added a leading produced water expert to Exterran, the Company has also acquired all the filtration and separation technology designs from Enerscope, augmenting our technical solutions to provide a full suite of solutions to our customers. Mr. Coffee is a renowned expert in the produced water field and has been an advocate of sustainable solutions for the Oil & Gas industry through his leadership as the President of the Produced Water Society. He is also published in Oil & Gas Technology, Oil & Gas Agenda and World Oil, and has authored dozens of technical papers.
“We are excited to have Steve join our team,” said Exterran’s Senior Vice President, Roger George. “Steve brings a deep understanding of produced water issues and solutions and will provide meaningful leadership in the EWS strategy and will provide immediate value to our customers and Company. Steve, along with the addition of the new filtration and separation products, has positioned us well within the oil & gas space to capitalize on our continued global build-out, as well as allowing us to offer a total solution to our customers.”
“I am excited to join the Exterran team and look forward to helping build and expand the business,” Mr. Coffee said. “Exterran’s is positioned well to succeed in the EWS business given its global reach serving some of the best oil and gas producers in the business, and the company’s commitment to delivering a total solution across the water value chain.”
About Exterran Corporation Exterran Corporation (NYSE: EXTN) is a global systems and process company offering solutions in the oil, gas, water and power markets. We are a leader in natural gas processing and treatment and compression products and services, providing critical midstream infrastructure solutions to customers throughout the world. Exterran Corporation is headquartered in Houston, Texas and operates in approximately 30 countries.
Forward-Looking Statements All statements in this release (and oral statements made regarding the subjects of this release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These statements may include words such as “guidance,” “anticipate,” “estimate,” “expect,” “forecast,” “project,” “plan,” “intend,” “believe,” “confident,” “may,” “should,” “can have,” “likely,” “future” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Examples of forward-looking information in this release include, but are not limited to: Exterran’s financial and operational strategies and ability to successfully effect those strategies; Exterran’s expectations regarding future economic and market conditions; Exterran’s financial and operational outlook and ability to fulfill that outlook; demand for Exterran’s products and services and growth opportunities for those products and services; and statements regarding industry activity levels and infrastructure build-out opportunities.
These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Exterran’s Annual Report on Form 10-K for the year ended December 31, 2017, and other filings with the Securities and Exchange Commission available on the Securities and Exchange Commission’s website www.sec.gov. A discussion of these risks is expressly incorporated by reference into this release. Except as required by law, Exterran expressly disclaims any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.
For information, contact: Blake Hancock, Vice President of Investor Relations, at 281-854-3043
