DIVERGENT Energy Services Announces Permanent Chief Financial Officer
January 10 2023 - 9:00AM
DIVERGENT Energy Services Corp.
(“Divergent”, the "
Company", or
“
DVG”
) (DVG:
TSX-V) is pleased to announce the permanent appointment of
Ken Olson as Divergent’s Chief Financial Officer (“CFO”).
Mr. Olson stepped into the role of Interim CFO
in May 2021 on a part-time basis following the departure of the
previous interim CFO who left to pursue a position at another
company. Mr. Olson has over 30 years of finance and accounting
experience, including 16 years in executive leadership positions
within the oilfield services sector. In these roles he provided
executive leadership with equity financing, acquisitions &
divestitures, corporate restructurings, corporate governance, and
building global finance teams. Prior thereto, Ken spent 6 years
with a technology company in numerous positions and 8 years with
PricewaterhouseCoopers.
Ken Berg, President and CEO, commented: “On
behalf of the Divergent team, I want to recognize Ken for his
substantial contributions to the Company to-date, and look forward
to leveraging his considerable experience as the Company continues
to execute on its growth strategies.”
For Further Information:
Ken Berg, President and Chief Executive Officer,
kberg@divergentenergyservices.com
Ken Olson, Interim Chief Financial Officer,
ken.olson@divergentenergyservices.com
ABOUT DIVERGENT ENERGY SERVICES CORP.
Headquartered in Calgary, Alberta, Divergent provides fluids
management products and services for the water, gas and oil
industries through its wholly owned subsidiary Extreme Pump
Solutions LLC. DIVERGENT Energy Services Corp., 2020, 715 – 5th Ave
SW, Calgary, AB T2P 2X6, (403) 543-0060, (403) 543-0069 (fax),
www.divergentenergyservices.com
FORWARD LOOKING STATEMENTS
This press release contains forward-looking
statements, including, without limitation, statements pertaining to
anticipated future operational activity levels of Divergent and of
a majority of its customers. All statements included herein, other
than statements of historical fact, are forward-looking information
and such information involves various risks and uncertainties,
including the risk that the ongoing COVID-19 pandemic causes
additional negative effects on Divergent’s business. There can be
no assurance that such information will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such information. A description of assumptions used
to develop such forward-looking information and a description of
risk factors that may cause actual results to differ materially
from forward-looking information can be found in the Company's
disclosure documents on the SEDAR website at www.sedar.com.
Forward-looking statements are based on estimates and opinions of
management of the Company at the time the information is presented,
including expectations provided to Divergent by its customers. The
Company may, as considered necessary in the circumstances, update
or revise such forward-looking statements, whether as a result of
new information, future events or otherwise, but the Company
undertakes no obligation to update or revise any forward-looking
statements, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
(Not for dissemination in the United States of
America)
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