David Gutierrez Named CFO for Cogent Energy Services
Industry Veteran Joins Leading Coiled Tubing Business
HOUSTON, February 7, 2018 (Newswire.com) - Cogent Energy Services is pleased to announce David Gutierrez as its chief financial officer. Gutierrez brings over 35 years of accounting, finance, credit, treasury and risk experience in the oil and gas industry.
Gutierrez has extensive business management and operations experience structuring strategic transactions, ensuring operations efficiencies, establishing treasury and financing structures, and ensuring the adherence of ethics and compliance. He also brings a wealth of international experience.
“Dave has the leadership and experience that will be essential as Cogent continues to grow its platform and prepare for substantial growth in 2018. Dave brings the knowledge Cogent will need to increase our market presence and maximize the opportunities brought by the industry revitalization,” said CEO Chet Erwin. Cogent's coiled tubing fleet includes 1 1/4" to 2 3/8" spreads.
Erwin and Gutierrez have worked together at several companies, including Hanover Compression and Valerus Field Solutions (now SNC Lavalin). Of the opportunity to work for Cogent, Gutierrez said, “I am excited about the opportunities to take Cogent to the next level. With branches in the Permian, Haynesville and Eagle Ford, it has achieved in one year what it takes many coiled tubing companies years to accomplish.”
About Cogent Energy Services
Cogent Energy Services provides coiled tubing operations to the oil and gas industry. Cogent services are executed with highly trained crews led by management with decades of experience. The company is headquartered in Houston, Texas, and currently has 12 coiled tubing units servicing the Eagle Ford, Permian, Haynesville, Barnett and Mid-Con.
Diana Singson, J.D.
Office: (713) 554-1151
Source: Cogent Energy Services