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Peak Group appoints non-executive director

Posted: 13 October 2003

Specialist in well engineering and operations management, The Peak Group, is pleased to announce the appointment of Stuart Ferguson as a Non-Executive Director

Mr Ferguson (37) is Chief Technology Officer and Senior Vice President of Weatherford International Ltd, based in Houston.

Previously, Mr Ferguson served in Weatherford's Completion Systems Division, becoming Division President in 2002. Prior to joining Weatherford, Mr Ferguson worked for Petroline Wellsystems Ltd, The Expro Group and BP Exploration.

Mr Ferguson will play an active part in The Peak Group's strategic business planning, including international expansion, acquisition opportunities and new product development.

The Peak Group Managing Director, Andrew Paterson, said he had invited Mr Ferguson to join the board after hearing him speak at a business breakfast for the launch of Offshore Europe in September.

Mr Paterson said: "I have known Stuart for some time and I have always had the utmost respect for him.

Having listened to Stuart talk at Offshore Europe about the need for a better probabilistic approach to well operations, I realised that he would add significantly to the management team at Peak.

"Stuart understands fully the approach of a service company, especially in the well construction business, and we are delighted to have him join us as a Non-Executive Director.

He has huge enthusiasm, great motivational ability, and an incisive mind — we think these qualities will add to the strength of our company.

Posted by Richard Price, Editor Pipeline Magazine

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