PE-backed AIRIS appoints Ryan as CEO

AIRIS Wellsite Services, which is backed by Lime Rock Partners, has named Brendan Ryan as CEO. Ryan’s work background includes senior leadership roles at UTEC Survey, Bredero Shaw, Shaw Pipeline Services and FMC Smith Systems. Tulsa, Oklahoma-based AIRIS is a provider of silica dust control solutions to operators and pressure pumpers in the United States

PRESS RELEASE

TULSA, Okla., June 22, 2016 /PRNewswire/ — AIRIS Wellsite Services, proven experts in total dust control solutions to the oil and gas industry, has announced the appointment of Brendan Ryan as Chief Executive Officer. Brendan will lead the development and execution of the long-term business strategy for AIRIS with particular focus on growth.

Brendan’s extensive experience has been gained through more than 30 years in the global oil and gas services industry where he has held various roles including managing operations, sales and marketing development, mergers and acquisitions and corporate strategy.

Prior to joining AIRIS, Brendan held senior leadership positions with UTEC Survey, Bredero Shaw, Shaw Pipeline Services and FMC Smith Systems. Brendan holds a BAI in Engineering and a BA in Mathematics from Trinity College, Dublin and a MBA from Texas A&M in Corpus Christi, Texas.

Commenting on his appointment, Brendan said: “I am extremely pleased to be part of the energetic and passionate AIRIS team. Our patented dust control system, having already been used throughout shale basins in the United States, is non-disruptive to the well completion process while providing a safe, compliant work environment where client’s employees and operating assets are better protected. These core services and the core value of passionately protecting and improving the wellsite environment provide a strong platform for growth.”

Will Franklin, Managing Director of Lime Rock Partners, commented: “We’re excited to be working again with Brendan and believe his addition to the AIRIS leadership team demonstrates the board’s continued enthusiasm for the company and its leading market position. His wealth of oil service industry experience compliments the existing management team, positioning the company to execute on organic and inorganic growth opportunities in a rebounding market.”

Board Member Bernie Dupré of Dupré Energy Services added: “Brendan brings strategic focus and goal oriented drive to an already passionate management team. I look forward to working closely with him and taking the company towards the next level.”

About AIRIS Wellsite Services
Founded in 2012, AIRIS Wellsite Services is a third-party provider of silica dust control solutions to operators and pressure pumpers in the United States during completion operations. The Company provides these services through operation of a fleet of high-efficiency particulate air vacuum units. AIRIS is based in Tulsa, Oklahoma and operates primarily in the Mid-Continent, Northeast, Rockies, and Texas regions.

About Lime Rock Partners
Established in 1998, Lime Rock Partners is a creative private equity investment partner focused on building differentiated E&P and energy services businesses worldwide alongside leading entrepreneurs. It has raised over $6.7 billion in total private capital commitments to date through the Lime Rock Partners and Lime Rock Resources funds.

About Dupré Energy Services (DES)
DES is a portfolio of oil field service companies providing specialized rental equipment and inspection & certification services to the onshore and offshore oil & gas industry. With locations in all of the major active basins, DES serves more than 500 customers annually. The Company is owned by an experienced, successful team that understands the requirements of the oil & gas industry with a three decade track record of managing ES&E businesses.