Guar Global Appoints Agri-Business Focused Oil & Gas Specialist as CTO
September 04 2013 - 8:05AM
Marketwired
Guar Global Ltd. (OTCQB: GGBL) ("Guar Global" or the "Company"), a
company aiming to implement innovative technologies and methods to
increase crop yields of guar, an organic gelling agent used
extensively in hydraulic fracturing by the oil and gas sector, is
pleased to confirm the appointment of Dr. Subodh Kumar Singh to the
position of CTO.
Dr. S. K. Singh's professional background brings together a
uniquely blended perspective and career experience encompassing
agricultural business practices specifically related to oil and gas
operations. Since 2003 he has held the position of Faculty,
Department of A&S, SGU in South Dakota where along with his
teaching duties, he directs research projects focused on geothermal
energy development, and multi-phase fluid flow simulation assisted
exploration and production of hydrocarbons in the South-Central
South Dakota part of the Niobrara formation. Previously, in
2010-2011, he performed an engineering role with Halliburton Energy
Services on directional drilling projects in the prolific Bakken
oil field in North Dakota. Prior to this (1999-2000), he was a
project manager for India Glycols Ltd, a leading oil field chemical
manufacturer in Kashipur, India, where he directed the
establishment of a new 100% export oriented drilling and
stimulation fluid additives manufacturing and processing project.
From 1994 to 1999 he worked as QC - R&D Head, Production Head
and Director for VIKAS WSP Ltd. of India, a publicly traded leader
in the manufacturing and export of guar gum powder. During this
period he assisted in the development of new value added products
viz. high viscosity guar, rapid hydrating guar, bacteria free
products and a platform of super adsorbent products for drilling
mud and stimulation fluids for the oil & gas industry.
Dr. Singh is a US citizen and resides in South Dakota. He earned
his B.S., (Chemistry, Environmental Science, Microbiology) in 1989
at the University of Ajmer, India; M.S., (Physical Chemistry),
1991, at the University of Ajmer, India and his Ph.D., (Polymer
Chemistry) in 1994 at the University of Jodhpur, India (Thesis -
Synthesis and physico-chemical evaluation of hydrophilic gel type
resins). He went on to earn an M.S. (Petroleum Engineering) in 2009
at the Mewbourne School of Petroleum & Geological Engineering,
University of Oklahoma, USA. He has received numerous continuing
educational accreditations from both prestigious academic and
industry organizations; he is a member of the Society of Petroleum
Engineers, American Chemical Society, ACS-Polymer Division, NSTA,
AAPG, and ACCTI along with authoring numerous publications and
presentations. He can regularly be found updating his popular blog
on guar at www.linkedin.com/groups/IndianGuar-4847677 or in the
fields developing new high yield guar cultivars.
Guar Global CEO, Mr. Michael Shores, comments, "If you were to
look around the world today, you would be hard pressed to find
another individual who so clearly and thoroughly understands the
synergies, issues, and opportunities that guar gum can bring to the
petroleum industry. Dr. Singh not only knows what it takes to
develop guar operations from farm field to down-hole applications,
but he really understands the need for a consistent high quality
product that responds to the evolving needs of the oil and gas
sector. We are confident that with his guidance we can develop a
business model that not only streamlines the farm-to-oilfield
process, but also ensures the end user receives the very best
product available."
Additional details regarding Guar Global, Inc., its business,
agreements and related matters are filed as part of the Company's
continuous public disclosure as a reporting issuer under the
Securities Exchange Act of 1934 filed with the Securities and
Exchange Commission ("SEC"), and are available at the SEC's website
at www.sec.gov. For more information, visit our website at
www.guarglobal.com.
About Guar Global, Inc. (OTCQB: GGBL) Guar
Global is a research-driven development stage company aiming to
implement new, modern strategies to increase yields of guar crops
as a high quality product for the oil and gas sector. In the last
two years, guar gum demand has tripled worldwide mainly because of
its use in hydraulic fracturing activity, especially in the U.S.
With no viable alternative to guar gum on the horizon, and demand
remaining high, we consider the present guar industry ripe for
significant growth. Guar Global believes it has identified a
noteworthy opportunity to introduce new agricultural technologies
aimed at increasing local farm productivity as an economic driver
for the guar production sector. Find out more at
www.guarglobal.com.
Notice Regarding Forward-Looking
Statements This news release contains "forward-looking
statements" as that term is defined in Section 27(a) of the
Securities Act of 1933, as amended, and Section 21(e) of the
Securities Exchange Act of 1934, as amended. Statements in this
press release that are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such
forward-looking statements include, among other things, references
to new technologies, targeted research and increased crop yields
and quality, our business and product development plans, demand for
guar gum, streamlined processes, value for service, and potential
growth of the guar industry. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. Such factors include, among others, the inherent
uncertainties associated with developing relations in India, the
development of new agricultural technologies, farm methods and
related infrastructural and logistical matters related to operating
as a development stage company, including our ability to raise the
additional funding we will need to continue to pursue our business
and development plans, our ability to develop a customer base,
competition in the industry in which we operate and market
conditions. These forward-looking statements are made as of the
date of this news release, and we assume no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in the reports
and other documents we file with the SEC, available at
www.sec.gov.
On Behalf of the Board,
Michael C. Shores Guar Global Ltd.
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Contact: GGBL Investor Relations Tel: 212-671-1020 x304
investors@guarglobal.com Website: www.guarglobal.com
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