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Basic Energy Services' CEO Presents At Barclays CEO Energy-Power Conference (Transcript)

Stocks in this article: BAS

Basic Energy Services, Inc. (BAS)

Barclays CEO Energy-Power Conference Call

September 6, 2012 11:05 am ET


Kenneth V. Huseman – President, Chief Executive Officer and Director


Unidentified Analyst

All right everyone. We’ll move right along here. Next up this morning is Basic Energy Services, a leading North America well service company. Speaking for the company this morning is Ken Huseman, the President and CEO. Ken has had a long history in the well service industry and has been President and CEO since joining the company in 1999. Prior to his involvement with Basic, Ken was the Chief Operating Officer at Key Energy Services from 1996 to 1999, following positions at both Pool Energy Services and WellTech. During his time at Key Energy, he executed over 50 acquisitions and grew the companies well service rig fleet from 200 to over 1,400 rigs.

Ken had bought on a similar strategy when he joined Basic through strategic acquisitions, adding well service rigs, trucking and drilling operations, moving the company into pressure pumping and coiled tubing and establishing a presence in most of the major U.S. basins. Please help me welcome back to the CEO Energy Conference Ken Huseman. Ken?

Kenneth V. Huseman

Thanks, Jack, and thanks to Barclays for allowing us to present. We appreciate the opportunity, it’s always well attended, one of the big deals of the year as far as the conferences. Of course we need you to go through the forward-looking statements that you’ve seen all this before; it’s the same as everybody else, just be aware; I may say something that doesn’t come true.

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