Key Energy Services, Inc. Appoints Louis Coale to Serve as Vice President and Controller
October 03, 2018 at 04:16 pm EDT
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Effective October 3, 2018, the Board of Directors of Key Energy Services, Inc. appointed Louis Coale to serve as the company's Vice President and Controller. Mr. Coale has served as Vice President-Operational Finance of the company's wholly owned subsidiary, Key Energy Services, LLC, since May 7, 2018. Prior to joining Key, Mr. Coale served as a financial advisor to several companies during a two-year period.
Key Energy Services, Inc. is an onshore, rig-based well servicing contractor. The Company provides a range of well services to oil companies and independent oil and natural gas production companies. The Company's segments include Rig Services, Fishing and Rental Services, and Coiled Tubing Services. The Rig Services segment includes the completion of newly drilled wells, workover and recompletion of existing oil and natural gas wells, well maintenance, and the plugging and abandonment of wells. The Fishing and Rental Services segment offers a line of fishing services and rental equipment designed for use in providing both onshore drilling and workover services. The Coiled Tubing Services segment involves the use of metal pipe spooled onto a large reel which is then deployed into oil and natural gas wells to perform various applications.