SECURE Energy Services Announces Executive Management Changes

CALGARY, Sept. 5, 2017 /CNW/ - Secure Energy Services Inc. ("Secure" or the "Corporation") (TSX – SES) is pleased to announce the appointment of Allen Gransch as Executive Vice President of Corporate Development effective September 5, 2017. Mr. Gransch joined Secure in September 2007 and has served as the Corporation's Executive Vice President and Chief Financial Officer since December 2012.

In his new role Mr. Gransch will be responsible for all corporate development, including Secure's significant organic capital expenditure programs and acquisition opportunities, and will also continue to lead the Corporation's investor relations initiatives.

"Allen has been a key member on our executive team since Secure's early stages and will continue to guide our strategic growth plans," said Rene Amirault, Secure's Chief Executive Officer.

Secure is also pleased to announce effective September 5, 2017 the appointment of Chad Magus as Executive Vice President and Chief Financial Officer. Mr. Magus joined Secure in June 2014 and most recently served as the Corporation's Vice President of Corporate Finance. Prior to joining Secure, Chad spent over 10 years with an oil and gas exploration and production company in a variety of finance, accounting and financial reporting roles and prior thereto was a senior accountant with KPMG LLP. Mr. Magus is a Chartered Accountant and has a Bachelor of Commerce degree from the University of Saskatchewan.

In his new role, Chad will be responsible for Secure's accounting, finance, internal audit and corporate reporting functions.

"I am pleased to welcome Chad to his new role. His contributions have helped Secure maintain an enviable balance sheet over the past several years and we look forward to having another strong member on the executive team. Chad's experience and ability to lead on financial and strategic matters will ensure Secure continues to have prudent fiscal management," said Mr. Amirault.

In addition to the above appointments, Secure is announcing the following changes to its executive team, effective September 2017.  These changes support Secure's commitment to continuously develop and mentor its employees while promoting personal growth and cross development in other areas of the organization.  These changes are as follows:

• Corey Higham, Executive Vice President of Midstream will transition to EVP of Processing, Recovery & Disposal;
• Dave Engel, Executive Vice President of Processing Recovery and Disposal will transition to EVP of Technical Services;
• Dan Steinke, Executive Vice President of Corporate Development will transition to EVP of New Ventures & Government Affairs; and
• Mike Mikuska will join Secure's Executive team as EVP of Commercial & Transportation. Mike joined Secure in 2017 and has over 20 years of experience in commercial, transportation and pipeline operations.

ABOUT SECURE ENERGY SERVICES INC.

Secure is a TSX publicly traded energy infrastructure and services company that provides safe, innovative, efficient and environmentally responsible management of fluids and solids solutions to the oil and gas industry in Western Canada and certain regions in the United States ("U.S.").  The Corporation operates three divisions:

Processing, Recovery and Disposal Division ("PRD"): The PRD division owns and operates midstream infrastructure including facilities and pipelines providing processing, storing, shipping and marketing of crude oil, oilfield waste disposal and recycling. The PRD division services include clean oil terminalling, rail transloading, pipeline transportation, crude oil marketing, custom treating of crude oil, produced and waste water disposal, oilfield waste processing, landfill disposal, and oil purchase/resale service.  Secure currently operates a network of facilities throughout Western Canada and in North Dakota, providing these services at its full service terminals ("FST"), landfills, stand-alone water disposal facilities ("SWD") and full service rail facilities ("FSR").

Drilling and Production Services Division ("DPS"): The DPS division provides equipment and product solutions for drilling, completion and production operations for oil and gas producers in Western Canada. Drilling services focuses on providing products and systems that are designed for more complex wells, such as medium to deep wells, horizontal wells and horizontal wells drilled into the oil sands. Production services focuses on providing equipment and chemical solutions that optimize production, provide flow assurance and maintain the integrity of production assets. 

Onsite Services Division ("OS"): The OS division provides services that include pipeline integrity services (inspection, excavation, repair, replacement and rehabilitation), demolition and decommissioning, reclamation and remediation of former wellsites, facilities, industrial properties, and environmental construction projects (landfills, containment ponds, subsurface containment walls, etc.); Integrated Fluid Solutions ("IFS") which include water management, recycling, pumping and storage solutions; and Environmental services which provide pre-drilling assessment planning, drilling waste management, remediation and reclamation assessment services, Naturally Occurring Radioactive Material ("NORM") management, waste container services, and emergency response services.

SOURCE SECURE Energy Services Inc.

Secure Energy Services Inc.: Rene Amirault, Chairman, President and Chief Executive Officer, Phone: [phone], Fax: [phone]; Allen Gransch, Executive Vice President of Corporate Development, Phone: [phone], Fax: [phone]; Chad Magus, Executive Vice President and Chief Financial Officer, Phone: [phone], Fax: [phone], Website: www.secure-energy.com; TSX Symbol: SES

Related Links

www.secure-energy.com