ProPetro Holding Corp. appointed Mary P. Ricciardello on Jan. 20 to its board of directors, the company announced in a press release Jan. 23.
Ricciardello has been in the energy industry for 30 years in multiple executive finance and accounting positions and has served on various boards. Companies under her belt include Reliant Energy, where she served for two decades, Devon Energy, Noble Corp., EnLink Midstream, Midstates Petroleum and U.S. Concrete.
Currently, Ricciardello serves as a director, audit committee member and corporate governance and nominating committee member at Eagle Materials Inc.
“We are pleased to welcome Mary to the ProPetro Board and look forward to benefitting from her deep industry knowledge as we create a stronger, more resilient and diversified company,” said Phillip Gobe, board chairman.
“Mary’s appointment demonstrates our ongoing commitment to maintaining a highly diverse and qualified board,” Gobe continued. “We are confident her significant public company board experience and track record of overseeing disciplined, accretive growth will be a valuable addition to our Board and are excited to work with her to advance our strategic goals to create value for shareholders.”
Ricciardello will also serve on the nominating and corporate governance and audit committees, said CEO Sam Sledge.
“I am honored to join ProPetro’s Board at such an exciting time for the Company,” said Ms. Ricciardello. “I have followed ProPetro’s evolution and admire the Company’s commitment to its people, the community and environment in which they work and its shareholders. I look forward to working with my fellow Board members to help drive the Company’s continued success.”
Based in Midland, TX, ProPetro provides completions services to upstream oil and gas companies in North America.
Camber Energy to Acquire Private Companies’ Oil Wells for $69 Million
2022-12-29 - The assets will generate $55 million in annual gross revenues, Camber said.
Alliance Resources’ Permian Royalty Acquisitions Set to Total More Than $150 Million
2023-02-01 - Alliance Resources said Jan. 30 it will purchase Permian oil and gas interests for $72.3 million on the heels of closing a separate $81 million deal.
Williams Closes MountainWest Natgas Transmission, Storage Acquisition
2023-02-15 - The MountainWest acquisition comprises approximately 2,000 miles of natural gas pipeline systems with about 8 Bcf/d of transmission capacity.
Pipeline Operator Magellan Says Permian Crude Flows to Houston Will Rise
2023-02-03 - A surge in U.S. oil exports has pushed more and more barrels of crude from the Permian basin of West Texas and New Mexico to the port of Corpus Christi, the top U.S. oil export hub.
NextDecade Increases LNG Supply Volume in Deal with China's ENN
2022-12-28 - The new deal will supply 0.5 mtpa more than the original agreement previously announced in April.