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Exterran Corporation Announces Election of New Independent Director

824 Days ago

HOUSTON, April 25, 2019 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE: EXTN) (“Exterran” or the “Company”) today announced that Hatem Soliman has been elected to its board of directors.

Mr. Soliman has over 36 years of global experience in the energy industry with Schlumberger Ltd.  He began his career with Schlumberger in 1981 in the Middle East, and has worked in various management and leadership capacities for Schlumberger in Asia, Europe, Latin America and the Middle East.  From mid-2017 until his retirement in late 2018, Mr. Soliman was Senior Advisor to Schlumberger’s Global CEO.  Immediately prior to serving in that position, he was Executive President Schlumberger Middle East & Asia, and before that Executive President Schlumberger Latin America.

“We are pleased to welcome Hatem to the Board. Hatem has developed a deep expertise in the global energy environment and the regions in which we operate.  As a member of our Board Hatem will bring a unique set of experiences, diverse perspective and guidance to help drive the Company toward its global strategic growth plan within the midstream space,” said Mark Sotir, the Executive Chairman of Exterran. 

About Exterran Corporation
Exterran Corporation (NYSE: EXTN) is a global systems and process company offering solutions in the oil, gas, water and power markets. We are a provider of natural gas processing and treatment and compression products and services, providing critical midstream infrastructure solutions to customers throughout the world. Exterran Corporation is headquartered in Houston, Texas and operates in approximately 25 countries.

For more information, visit www.exterran.com.

Forward-Looking Statements
All statements in this release (and oral statements made regarding the subjects of this release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside Exterran Corporation’s (“Exterran”) control, which could cause actual results to differ materially from such statements.

While Exterran believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. Among the factors that could cause results to differ materially from those indicated by such forward-looking statements are unanticipated delays in completing the preparation of the Company’s quarterly financial statements.

These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Exterran’s Annual Report on Form 10-K for the year ended December 31, 2018, and other filings with the Securities and Exchange Commission available on the Securities and Exchange Commission’s website www.sec.gov. A discussion of these risks is expressly incorporated by reference into this release. Except as required by law, Exterran expressly disclaims any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.

For information, contact:
Investors - Blake Hancock, 281-854-3403

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