Basic Energy Services announces Keith Schilling to its Board of Directors as CEO

– USA, TX –  Basic Energy Services, Inc. (OTCQX: BASX), today announced the appointment of Keith L. Schilling as President, CEO and director, effective January 2, 2020.

Mr. Schilling is an accomplished professional with over two decades of experience in senior managerial positions with major energy services companies. Mr. Schilling is replacing T.M. “Roe” Patterson in connection with his voluntary resignation.

“After an extensive search process that considered many strong candidates, we are pleased to appoint Keith Schilling as Basic Energy Services’ new President, CEO and director,” commented Julio Quintana, Chairman of the Board of Directors. “Keith possesses great industry expertise, and we are excited for him to lead the Company into the future. We are grateful to Roe Patterson for his leadership and contributions to the Company and thank him for his dedication and service.”

About Keith Schilling

Prior to joining the Company, Keith was employed by Baker Hughes Company, where he served as President of Baker Hughes Canada since November 2018 and as Director, Sales and Commercial from July 2017 until November 2018. From October 2016 until June 2017, he served as President – Surface for the North America Region. Prior to his work for Baker Hughes Company and its affiliates, Mr. Schilling served as Senior Vice President for TETRA Technologies, Inc. from December 2014 until October 2016. From 1995 to 2014, Mr. Schilling was employed by Schlumberger Limited in numerous capacities.

Mr. Schilling said, “I am thrilled to join Basic Energy Services as President and Chief Executive Officer and to join its impressive and strong management team. I am very excited about the future of the Company and am thankful to Julio and the Board for the opportunity to lead Basic and for their trust and support.”

Mr. Schilling received a B.S. in Chemical Engineering from Texas A&M University in 1995 and an M.B.A. from Rotterdam University in 2008.

About Basic Energy Services

Basic Energy Services provides wellsite services essential to maintaining production from the oil and gas wells within its operating areas. The Company’s operations are managed regionally and are concentrated in major United States onshore oil-producing regions located in Texas, New Mexico, Oklahoma, Arkansas, Kansas, Louisiana, Wyoming, North Dakota, California and Colorado. Our operations are focused in liquids-rich basins that have historically exhibited strong drilling and production economics in recent years with a significant presence in the Permian Basin, Powder River Basin, and the Bakken, Eagle Ford, and Denver-Julesburg shales. We provide our services to a diverse group of over 2,000 oil and gas companies.

For more information: https://www.basicenergyservices.com

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