Nov. 13, 2013
Flotek Industries, Inc.
(NYSE: FTK -
) ("Flotek") announced today that
Ted D. Brown
has been elected as a Director of the Company. He will serve as elected by the Board until the next Annual Meeting when he will stand for election by the Company's shareholders.
Mr. Brown is Senior Vice President and Advisor to the CEO and President of
Noble Energy, Inc.
(NYSE:NBL). Mr. Brown joined Noble Energy in 2005 in Noble Energy's merger with Patina Oil and Gas. A lifelong oilman, he joined Amoco Production Company upon completion of his degree in mechanical engineering from the
University of Wyoming
. He has also worked in various capacities for Union Pacific Resources, Barrett Resources and Williams Companies.
Under Mr. Brown's leadership, Noble Energy has nearly tripled its production in
in the past nine years while drilling more than 3,300 new wells. During Mr. Brown's tenure, Noble Energy now has the distinction of being the largest oil producer in
Mr. Brown participates in numerous industry activities including serving on the Executive Committee of the Colorado Oil & Gas Association and the Board of the Western Energy Alliance where he has served as the organization's Colorado Vice President.
In recognition of Mr. Brown's service to both the industry and his community, he was recently named the Western Energy Alliance 2013 Wildcatter of the Year, one of the highest honors available to oil and gas professionals.
"We are privileged to have an energy professional with the credentials and ethos of
join the Flotek Board of Directors," said John Chisholm Flotek's Chairman, President and Chief Executive Officer. "Ted brings a wealth of knowledge of the industry, public policy – including environmental issues – and what it takes to create shareholder value in a public energy company. Moreover, he understands Flotek and its mission as a long-time supporter of our company. Ted adds a unique sense of perspective, additional depth and expertise to the Flotek Board which will stand in support of our quest to create a world-class energy technology company focused on creating value for all our stakeholders."
"I am delighted to have an opportunity to become a Flotek Director and am honored to have been asked to serve," said Mr. Brown. "I am a strong believer in the Flotek vision that emerging oilfield technologies can have a profound impact on production economics and, at the same time, promote better environmental outcomes for oil and gas companies as well as the communities in which we operate. I look forward to working with the Flotek Board and leadership in promoting this important message."