Houston, TX, November 1, 2016 – Cimarron Energy, Inc., a leading manufacturer of engineered production, process and environmental equipment for the upstream and midstream energy industries, announced today that Mark E. Crews has joined the Company’s Board of Directors as an independent director.
John U. Clarke, Chairman of the Board and a Partner of Turnbridge Capital, said, “We are delighted that Mark has accepted our invitation to join the board. Mark is a highly regarded and proven oil and gas industry executive and brings over thirty years of highly relevant experience in product technology and development, manufacturing, sales and marketing and board level advisory assignments. Mark’s addition to the Cimarron Board room is consistent with the strategic plans we had for Cimarron at the outset of our investment in the Company”.
Jeff L. Foster, Chief Executive Officer of Cimarron added, “I look forward to working with Mark and am confident that his addition to the board and availability to me and the senior leadership team will be impactful. We continue to invest in our engineering, sales, quality and field service capabilities, and Mark’s experience across these same areas will benefit us and our efforts to better serve our customers.” Mark E. Crews retired from Lufkin Industries, Inc. in 2013 after being part of the senior management team that restructured the company and repositioned it as a leading global supplier of artificial lift equipment and related services. These efforts led to the strategic sale of Lufkin to GE Oil & Gas. Prior to Lufkin, Mark was a senior executive at Cameron International Corporation where he held a number of significant management positions across the globe over the course of his 30 year career. Mark earned a Bachelor of Science, Mechanical Engineering from Texas A&M University.
Cimarron Energy is a Houston, TX based manufacturer of oil and gas production equipment providing separation, flowback and environmental devices for sale or rent to customers throughout the U.S. and select international markets. The company manufactures high quality equipment safely and efficiently from facilities in Newcastle, OK, Marlow, OK, Evans, CO and Katy, TX and provides aftermarket parts sales and services to its customers in the U.S. and select international markets. Cimarron was purchased in 2014 by Turnbridge Capital LLC, a private equity firm focused exclusively on energy services and equipment investments.
Turnbridge Capital, LLC is an energy-focused private equity firm with offices in Dallas and Houston, TX. Turnbridge seeks to invest alongside experienced management teams in companies that provide products and services to the upstream, midstream and downstream end market segments.