Key Energy Announces the Appointment of Bill Owens as a New Director
January 10 2007 - 7:00AM
PR Newswire (US)
HOUSTON, Jan. 10 /PRNewswire-FirstCall/ -- Key Energy Services,
Inc. (OTC Pink Sheets: KEGS) announced today that former Governor
Bill Owens has been appointed to the Company's Board of Directors.
Governor Owens, 56, recently completed two terms as Governor of
Colorado. Prior to his service as Governor, Gov. Owens served as
State Treasurer, where he was responsible for the investment of a
$4 billion portfolio while serving on the board of the $25 billion
state pension fund. While Governor, he was called "best governor in
America" by National Review and in 2002 was re-elected with the
greatest majority in Colorado history. In addition to his public
service, Gov. Owens served for more than 10 years as Executive
Director of the Colorado Petroleum Association, which represented
400 energy firms doing business in the Rockies. Prior to his public
service, Gov. Owens was a consultant with Touche Ross & Co.,
now Deloitte Touche. He holds a master's degree in public
administration from the Lyndon B. Johnson School of Public Affairs
at the University of Texas and an undergraduate degree from Stephen
F. Austin State University. Gov. Owens has strong international
experience and is a regular speaker and panelist at the World
Economic Forum in Davos, Switzerland and was the keynote speaker at
the Rand Russian-American Business Forum in Moscow in 2004. He has
been a guest lecturer at Moscow State University, the University of
Kazan, New Russian University (Moscow), British/American University
in Alma Aty, Kazakstan and the University of Dublin. Further, as
Treasurer and Governor, he led numerous trade missions to China,
Japan, Mexico, Chile, Argentina, Great Britain and Germany. Dick
Alario, Key's Chairman and CEO, stated, "Our Company, shareholders
and customers are fortunate to have a proven leader such as Bill
join our Board. His leadership, integrity and international
experience will strengthen our Board and provide a valuable
resource to the Company. I believe Bill's agreement to become a
director clearly shows Key Energy Services' ability to attract the
very best as we continue to grow and improve the operating and
financial performance of the Company." Key Energy Services, Inc. is
the world's largest rig-based well service company. The Company
provides oilfield services including well servicing, pressure
pumping, fishing and rental tools, electric wireline and other
oilfield services. The Company has operations in all major onshore
oil and gas producing regions of the continental United States and
internationally in Argentina. Contact: John Daniel (713) 651-4300
DATASOURCE: Key Energy Services, Inc. CONTACT: John Daniel of Key
Energy Services, Inc., +1-713-651-4300 Web site:
http://www.keyenergy.com/
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