NCS Multistage is an independent technology and services company specializing in multistage completions. In 2006, NCS Oilfield Services, a Canadian company located in Calgary, developed a line of coiled-tubing fracturing tools for the coalbed methane gas market. The following year, the company began offering downhole completion tools and services for both unconventional and conventional completions, including an expanded line of coiled-tubing-deployed fracturing tools. In 2008, NCS introduced the Mongoose Frac® System to compete with plug-and-perforate and ball-drop-sliding-sleeve technology. The new system, which combined sand-jet perforating with a frac-isolation tool assembly, enabled operators to design and execute completions with pinpoint precision and with no practical limits on the number and placement of stages. By eliminating pump-down plugs and ball seats, which restrict the wellbore, the system also simplified post-completion operations. That same year, NCS was also incorporated in the U.S. as NCS Energy Services, with headquarters in Houston, to serve the U.S. market.
In 2010, NCS introduced a new sliding sleeve (GripShift® sliding sleeve) that works in conjunction with the frac-isolation assembly to further streamline multistage completions by eliminating the need for sand-jet perforating. This new system, which is marketed under the Multistage Unlimited® brand, combines controlled pinpoint fracturing with recorded downhole pressures and temperatures to enable operating companies to evaluate and optimize unconventional completions. In 2014, the company introduced MultiCycle® frac sleeves, which can be opened and closed repeatedly, giving operators unprecedented flexibility for completing, producing, and recompleting unconventional wells. To date, more than 120,000 NCS sleeves have been installed, including more than 30,000 MultiCycle frac sleeves.
In 2014, the company changed its name to NCS Multistage in both the U.S. and Canada to reflect the company’s focus on and market leadership in multistage completions. Today the company is the world leader in coiled-tubing hydraulic fracturing for developing unconventional oil and gas resources. NCS has operated throughout North America and in Argentina, Australia, China, and Russia, with a record of more than 7,800 field successes.
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Chief Executive Officer, Director
Mr. Nipper is our Chief Executive Officer, a position he has held since November 2016. He previously served as our Chief Executive Officer from December 2012 until April 2016 and as Executive Chairman from April 2016 until November 2016. Mr. Nipper co-founded NCS in 2006 and has served on our Board since December 2012. He has more than 30 years of industry experience and has invented several patented technologies relating to downhole oil and natural gas and geothermal service equipment. Prior to founding NCS, Mr. Nipper spent 18 years with Tri-State Oil Tools Inc. and Baker Hughes, including various operations and sales management positions. Before leaving Baker Hughes, he held the position of North American Marketing Manager.
Mr. Stromquist is our President, a position he has held since November 2016. He has served as a member of our Board since January 2010. Mr. Stromquist co-founded NCS and served as Chief Operating Officer from January 2010 to June 2015, Chief Technology Officer from June 2015 to March 2016, and Chief Executive Officer from March 2016 to November 2016, before being named to his current position. He has served in technical and management positions in the oil and natural gas industry from more than 35 years, in both service company and producer roles. He co-founded Cemblend Systems, Inc., which provided cementing solutions, and Frac Source, Inc., which specialized in stimulation services for unconventional reservoirs. He also served as operations manager of the well services group for Pioneer Natural Resources USA, Inc., and as technical manager for stimulation services for Halliburton Energy Services Canada. He holds numerous patents for completion-related tools and downhole procedures, and he has authored numerous technical papers and articles.
Chief Operations Officer
Mr. Willems is our Chief Operations Officer, a position he has held since May 2015. Mr. Willems previously served as our President of U.S./International Operations from January 2012 to May 2015 and Senior Vice President from April 2010 to January 2012. Mr. Willems has more than 30 years’ experience in the oil and natural gas Industry, specializing in wellbore construction, completion, and remediation. Sixteen of thoseyears were spent in the international arena. He has held diverse positions, including applications engineering, operations, sales, and marketing, and he has held vice president positions for a major service company in U.S. and international operations and marketing. Willems received a B.S. in Petroleum Engineering from Montana College of Mineral Science and Technology.
Chief Financial Officer
Mr. Hummer is our Chief Financial Officer, a position he has held since November 2016. Mr. Hummer previously served as Executive Vice President, Corporate Development since August 2015 and as Vice President, Corporate Development from July 2014 until August 2015. Prior to joining NCS, Mr. Hummer served as Director, Investment Banking, at Lazard Freres & Co. from January 2011 to April 2014, duringwhich time he advised clients on a broad range of transactions, including mergers & acquisitions, restructuring, and debt and equity capital raises. Mr. Hummer holds a B.S. in Economics from the Wharton School of the University of Pennsylvania.
Chief Accounting Officer
Mr. Bitter is our Chief Accounting Officer and Treasurer, a position he has held since November 2016. He previously served as our Chief Financial Officer from January 2011 to November 2016. He has more than 25 years of corporate financial experience, including more than 20 years in the oilfield services industry. He has extensive experience with International accounting and reporting, currency andtreasury functions, compliance and systems integrations and conversions. Mr. Bitter received an MBA from Utah State University and a B.S. in finance from Brigham Young University.
Chief Technology Officer
Mr. Ravensbergen is our Chief Technology Officer. He was previously Vice President of Research and Development, a position he had held since April 2012. He previously served as Engineering Manager since April 2011. Prior to joining us, Mr. Ravensbergen served as an Engineering Manager for Baker Hughes from September 2010 to April 2011 and before that for BJ Services Company since September 1996. Mr. Ravensbergen has over 20 years of experience in the oil and natural gas industry. His experience includes working as a design manager in coiled tubing research and development departments at Nowsco Well Services Ltd., BJ Services Company, and Baker Oil Tools inc., where he developed innovative coiled tubing processes, deployment systems, and bottomhole assemblies for underbalanced directional drilling, well cleanout, multilateral acid stimulation, and, most recently, multi-stage hydraulic fracturing completions. He holds 18 patents and has authored a number of papers for the Society of Petroleum Engineers. Ravensbergen received a B.S. in Mechanical Engineering from the University of Calgary.
Executive Vice President, General Counsel and Secretary
Mr. Trautner is our Executive Vice President, General Counsel and Secretary, a position he has held since November 2016. Mr. Trautner previously served as Vice President, General Counsel, from July 2016 to November 2016. Prior to joining us, Mr. Trautner was a corporate and securities Partner at Andrews Kurth Kenyon LLP from March 2014 to July 2016 and a Partner at Norton Rose Fulbright US LLP from March 2007 to March 2014. Prior to that, Mr. Trautner was engaged in the private practice of law as an associate and then a Partner at other national law firms. Mr. Trautner has more than 20 years’ experience in advising energy companies on corporate and securities matters, including mergers and acquisitions, SEC filings and corporate governance matters. Mr.Trautner has a J.D. from the University of Virginia School of Law, an M.D. from the Vanderbilt University School of Medicine, and a B.S. from the University of Notre Dame.
President, North America
Mr. Battenfelder is our President of North American Operations, a position he has held since April 2016. He previously served as our President of Canada Operations from October 2012 to April 2016. Prior to joining us, Mr. Battenfelder was Vice President of Global Operations at Calfrac Well Services Ltd. (“Calfrac”) since May 2000. Mr Battenfelder has spent over 35 years in the oil and natural gas industry,primarily in the Canadian pressure-pumping sector. He was previously employed for 17 years by Fracmaster Ltd. and 13 years by Calfrac, and held senior executive positions at both companies.
Executive Vice President, HSE
Mr. Dwyer is our Vice President of Health, Safety and Environment, a position he has held since November 2016. He previously served as Vice President of Organization Development from May 2015 to November 2016. Prior to joining us, Mr. Dwyer served as Health, Safety and Environment Manager for the Canadian Division of Calfrac since October 2010. Prior to joining Calfrac, Mr. Dwyer held various positions with Jacobs Engineering Group Inc., from operations to Health, Safety and Environment Manager for Western Canada. Dwyer is a graduate of the University of Alberta with a Diploma in Occupational Health and Safety.
Senior Vice President, Performance and Reliability
Mr. Ellis is our Senior Vice President of Performance and Reliability. He previously served as Vice President of Global Technical Services, a position he had held since January 2014. Before that, he was U.S. Technical Services Manager from November 2012 to January 2014. Prior to joining us, Mr. Ellis performed Operations and Field Engineering Manager roles at Baker Hughes since May 2003. Mr. Ellis has 16 years of experience in oil and gas, including well completions (open and cased hole), wellbore construction (including multilaterals), wellbore intervention, rig-site operations and pumping operations. His prior experience includes roles as rig supervisor, field engineer, field service technician, district manager, engineering manager, and project manager for large service and operating companies in the United States. Mr. Ellis received a B.S. in Engineering from Texas A&M University.
Vice President, Manufacturing
Mr. Finney is our Vice President of Manufacturing, a position he has held since November 2016. Mr. Finney previously served as Director of Manufacturing from October 2014 until February 2016. Prior to joining us, Mr. Finney was a Plant Manager with Forum Energy Technologies, Inc. from October 2012 to March 2014 and had a 32-year career with Baker Hughes from June 1980 to October 2012, where he served in multiple positions, including Manufacturing Supervisor, Plant Manager, and Director of Manufacturing. His manufacturing experience includes a wide range of product categories, including fishing tools, float equipment, intelligent well systems, liners, multilateral equipment, and packers. Mr. Finney received his Six Sigma Green Belt Certification from the University of Houston.
Vice President, U.S. Operations
Mr. McKown is our Vice President of U.S. Operations, a position he has held since April 2016. Mr. McKown previously served as U.S. Sales Manager from November 2013 to April 2016 and Business Development Manager since October 2012. Prior to joining us, he was Deepwater Project Manager for Baker Hughes Incorporated since November 2010 and before that was a completion superintendent for EQTCorporation in the Appalachian Basin. Mr. McKown has more than 25 years of experience in the oil and natural gas industry, including sand control systems, well completions, and pumping operations. Mr. McKown oversees all operations and sales in the United States.
Vice President, Canadian Operations
Mr. Leggett is our Vice President of Canadian Operations, a position he has held since April 2016. Mr. Leggett previously served as Director of Sales and Business Development in Canada from April 2015 to April 2016 and Technical Services Manager since November 2010. Mr. Leggett is responsible for all of our operations and sales in Canada. He has more than 19 years of experience in the oil and naturalgas industry with a focus on hydraulic fracturing. Before joining us, Mr. Leggett was a fracturing supervisor for Calfrac and later was a wellsite supervision consultant. He is a graduate of the Southern Alberta Institute of Technology in their Petroleum Engineering Technologist program.
Mr. Getzlaf has served as an Executive Advisor since June 2015. Mr. Getzlaf previously served as our Chief Technology Officer since January 2010, and since September 2016 has served as President of Fluid Energy Group. Mr. Getzlaf is a professional engineer with more than 35 years of oilfield experience, specializing in cementing, completions, and field operations. Mr. Getzlaf has authored numerouspapers related to oilfield cementing and holds a number of patents and pending patents related to those disciplines. As Executive Advisor at NCS, Getzlaf continues to design new and innovative solutions to industry challenges.