Ranger Energy Services, Inc. Appoints William M. Austin to Chairman of the Board of Directors
May 20, 2021 at 05:31 pm EDT
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On May 7, 2021, Ranger Energy Services, Inc. appointed William M. Austin to Chairman of the Board of Directors effective immediately. Mr. Austin has served as a member of the Company’s Board of Directors since 2017, as a member of Torrent Services’ board of directors since 2015 and as a member of Ranger Energy Services’ board of directors from its founding in 2014 until 2016. Mr. Austin currently serves as a member of the board of directors of Stallion Oilfield Services, a position he has held since 2017.
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.