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CES Energy Solutions Corp. Announces Appointment of Chief Financial Officer

CALGARY, Alberta, Aug. 28, 2018 (GLOBE NEWSWIRE) -- CES Energy Solutions Corp. (“CES” or the “Company”) (TSX: CEU and OTC – Nasdaq Intl: CESDF) is pleased to announce the appointment of Anthony (Tony) Aulicino as its Chief Financial Officer (“CFO”), effective October 1, 2018.

Tony comes to CES from Scotiabank Global Banking and Markets where he most recently held the title of Managing Director, Global Investment Banking – Energy.  Tony brings over 18 years of experience in finance, capital markets, mergers & acquisitions, and North American energy services industry coverage.  During the last six years, Tony has come to be a trusted financial and strategic advisor to CES while acquiring extensive knowledge about the Company’s industry, business model and operations.

As CFO, Tony will oversee financial management, treasury, capital market financings, corporate development and investor relations. 

“Tony is coming to CES as a business partner, in keeping with our business model and culture. Tony joins us at an exciting time for our company and we are pleased to have him at the table as we expand upon our position as the current clear number three oilfield chemical company in North America,” says Tom Simons, CES President & CEO.

Mr. Aulicino holds an MBA with a specialization in finance from the University of Toronto, Rotman School of Management and a Bachelor of Applied Science in Mechanical Engineering from the University of Toronto.

Craig Nieboer will remain with CES until a proper transition of duties and responsibilities has been completed. The Board of Directors, executive management team and employees would like to take this opportunity to thank Craig for his valuable contributions as CFO of the Company over the past ten years and the Company wishes him well in his future endeavours. 

About CES Energy Solutions Corp.

CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES’ business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.

Additional information about CES is available at www.sedar.com or on the Company’s website at www.cesenergysolutions.com.

For further information, please contact:

Tom Simons
President and Chief Executive Officer
CES Energy Solutions Corp.
(403) 269-2800
Craig F. Nieboer, CA
Chief Financial Officer
CES Energy Solutions Corp.
(403) 269-2800
  
Or by email at: [email protected] 

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. 

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