SPRING, Texas, Aug. 19, 2014 /PRNewswire/ -- Jim Terry, CEO of Integrated Drilling Equipment
Holdings Corp. ("IDE") (OTC: IRIG), announced today the
appointment of Martin (Marty) Paulk,
52, as Senior Vice President of Sales, Marketing and Strategic
Implementation, effective immediately.
Prior to his appointment, Marty
Paulk was the Senior Director-Global Technical Solutions and
Strategy at Key Energy Services. Prior to his position at Key
Energy Services, Mr. Paulk held leadership roles in Strategic
Business Development, Research and Development, and Product Line
Management at Halliburton from 1996 to 2013. While at
Halliburton, Marty also led numerous drilling optimization and
automation technological developments and commercial
implementations. From 1989 to 1996, Mr. Paulk was with Baker
Hughes in increasingly responsible roles. Marty Paulk
resides in Houston, Texas and
holds a BS in Petroleum Engineering from The University of Texas in Austin,
Texas.
Marty Paulk said, "IDE is
uniquely positioned to deliver comprehensive and optimized drilling
solutions, with IDE's unique rig manufacturing capabilities
combined with its industry leading SCR/VFD power systems and
innovative drilling automation control systems. I am very
excited to join the IDE management team at this very opportune time
for the company."
Jim Terry, CEO, said, "I am
extremely pleased to add Marty Paulk
to o ur team at IDE and look forward to the many benefits this
addition brings to the company at a time of great opportunity in
the market. Marty possesses key core competencies, experience
and leadership skills that will help us drive to the next level in
the provision of fit-for-purpose, drilling rigs and equipment of
the type required to deliver the safe, reliable and high
performance wells our customers need to effectively compete in
today's challenging market."
About IDE
IDE and its predecessor companies have been active in providing
services and products to the drilling industry since 1981.
IDE's principal service and product offerings consist of the
design, engineering and construction of new land and offshore rigs
based on IDE designs or modified to customers' specifications;
providing extensive reconfiguration and refurbishment services for
rigs to repair and/or extend their life or to adapt them for
different drilling environments; providing rig upgrade
packages, refurbishment services, and related components for land
and offshore new build rigs; supplying integrated electrical and
hydraulic control systems for a wide range of land and offshore
drilling rigs; and providing engineered hydraulic rig
solutions. For more information on IDE, please visit:
http://www.ide-rig.com
SOURCE Integrated Drilling Equipment Holdings Corp.
