IRVING, Texas, July 17 /PRNewswire-FirstCall/ -- CARBO Ceramics Inc. , the world's leading manufacturer of ceramic proppants for use in the hydraulic fracturing of natural gas and oil wells and the leading supplier of fracture and reservoir diagnostic services, announced today the appointments of James B. Jennings and Randy L. Limbacher to its Board of Directors.
Mr. Jennings is Chairman of Hunt Oil Company and has over 35 years of experience in the oil and gas industry. Prior to being elected Chairman of Hunt Oil Company, Mr. Jennings served as its President/Director and Executive Vice President of International and U.S. Exploration, and Group Vice President-Worldwide Exploration and Production. Mr. Jennings earned a Bachelor of Science degree in Mathematics from Trinity University and a Master of Science in Physics from Purdue University.
Mr. Limbacher is Executive Vice President-Exploration and Production, North and South America for ConocoPhillips. He has more than 20 years experience in the energy industry and previously served as the Executive Vice President and Chief Operating Officer of Burlington Resources, Inc. At Burlington, Mr. Limbacher was responsible for all oil and gas exploration, development and production and the day-to-day operations of the company. Mr. Limbacher earned a Bachelor of Science degree in Petroleum Engineering from Louisiana State University.
William C. Morris, Chairman of the Board of CARBO Ceramics said, "We are pleased to further strengthen our Board with the appointment of two independent directors who have extensive expertise in the worldwide oil and gas industry. We are confident that Mr. Jennings and Mr. Limbacher will be valuable assets to CARBO's future growth and development."
About CARBO Ceramics Inc.
CARBO Ceramics Inc. ( http://www.carboceramics.com/ ) is the world's largest producer and supplier of ceramic proppant for use in the hydraulic fracturing of natural gas and oil wells. In addition, the company is the largest provider of fracture and reservoir diagnostic services through its subsidiary, Pinnacle Technologies, Inc.
The statements in this news release that are not historical statements, including statements regarding our future financial and operating performance, are forward-looking statements within the meaning of the federal securities laws. All forward-looking statements are based on management's current expectations and estimates, which involve risks and uncertainties that could cause actual results to differ materially from those expressed in forward- looking statements. Among these factors are changes in overall economic conditions, changes in demand for our products, changes in the demand for, or price of, oil and natural gas, risks of increased competition, technological, manufacturing and product development risks, loss of key customers, changes in government regulations, foreign and domestic political and legislative risks, the risks of war and international and domestic terrorism, risks associated with foreign operations and foreign currency exchange rates and controls; weather-related risks and other risks and uncertainties described in our publicly available filings with the SEC. We assume no obligation to update forward-looking statements, except as required by law.
