Ranger Energy Services, Inc. Announces Management Changes
December 04, 2018 at 05:19 pm EST
Share
On November 28, 2018, Ranger Energy Services, Inc. announced the elimination of the company's Chief Operating Officer role. Mr. J. Matt Hooker previously serving in that position will remain with the company as Senior Vice President of Ranger Energy Services, responsible for the company's Rig, Snubbing, Well Testing, Logistics and Rental service offerings. On November 28, 2018, the company also announced that the board of directors of the company appointed Mario H. Hernandez, the company's current Controller to the role of Chief Accounting Officer, effective as of November 28, 2018. Concurrent with the appointment of Mr. Hernandez as CAO, Brandon Blossman, Chief Financial Officer, stepped down as CAO.
Ranger Energy Services, Inc. is a provider of onshore high specification well service rigs, wireline services, and additional processing solutions and ancillary services in the United States. The Company operates in three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs provides high specification well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well. The Wireline Services. provides services necessary to bring and maintain a well on production and consists of its wireline completion, wireline production and pump down lines of business. The processing Solutions and Ancillary Services provides other services often utilized in conjunction with its High Specification Rigs and Wireline Services segments. These services include equipment rentals, plug and abandonment, logistics, snubbing and coil tubing, and processing solutions.