'This could be the one that gets me,' Says Oilfield Service Veteran
demand returns."Harris has cut his oil ties, moving to Amazon.com, where he accepted an entry-level manager's job in light of the 14.7% April U.S. unemployment rate.The oil industry could struggle to re-hire experienced managers if other sectors rebound first, said Ron Ness, president of the North Dakota Petroleum Council.Career website LinkedIn.com has dozens of goodbye posts from workers with 15- to 30-year careers in the oilfield, many with top firms Schlumberger, Halliburton, and Baker Hughes Inc. More than two dozen tributes appeared recently from mid- to senior-level Schlumberger executives
Vallianz Acquires OER Holdings for $28m
World Economic Forum's 2013 "Schwab Foundation Social Entrepreneur of the Year Award" and the "Ernst and Young 2013 Entrepreneur of the Year Innovation Award". Tandio is Indonesian and a Master of Science graduate from the Process Automation Engineer program at the University of North Dakota. The acquisition will enable the group to attain greater efficiency in the management of crew personnel and raise the value of its ervices to customers. At the same time, it will also expand the group’s customer base and geographical footprint. The purchase consideration will be satisfied
Continental Resources Names New President after Bott's Quick Exit
Continental Resources Inc, the largest oil producer in North Dakota's Bakken shale formation, promoted Jack Stark to president on Wednesday, less than a week after Rick Bott quit the position. Stark, 59, had worked at Continental since 1998, most recently as head of exploration. The promotion instantly makes Stark the top contender to replace founder and Chief Executive Harold Hamm. Bott stepped down as president last week, a move that surprised many on Wall Street, and even some inside the company. Continental is set to hold an analyst day on Thursday in Oklahoma City. (Reporting by
Continental Resources President Quits, Leaves Leadership Gap
Continental Resources Inc, the largest oil producer in North Dakota's Bakken shale formation, said on Thursday that Rick Bott, its president and chief operating officer, had resigned. Bott, 54, was widely considered the likely successor to Continental Chief Executive Officer Harold Hamm, 68. His departure leaves a talent gap at the top of the company, which is in the midst of an ambitious attempt to double its 2012 production levels by 2017. Continental said Bott's duties will be divided between remaining executives. It was not immediately clear why Bott resigned or if he had secured
