Best Energy Services Announces Election of New Director and Appointment of New President and COO

Best Energy Services, Inc. (OTC Bulletin Board: BEYS) announced today the appointment of Eugene Allen as its President and Chief Operating Officer.  A second generation oilman with over 40 years of hands-on experience in the oil and gas industry, Mr. Allen was previously General Manager of Best Well Services, Inc., a subsidiary of Best Energy based in Liberal, Kansas (“BWS”) where he has been employed for the past 16 years. Mr. Allen will continue his role coordinating and executing the operations of BWS and will also oversee the orderly liquidation of non-strategic assets from Best Energy’s discontinued business units. Before joining BWS in 1994, Mr. Allen worked at Pool Well Service, Pride Petroleum and KMA Well Service. Mr. Allen succeeds Tony Bruce, who founded BWS in 1991. Mr. [Read the full article]

EnerCom, Inc. announced today The Oil & Services Conference™ VIII (TOSC 8) will be held at The City Club of San Francisco, on February 17-18, 2010.  Founded in 2003 by EnerCom, this annual Conference brings together executives and investment professionals in the global oil and gas industry. TOSC 8 offers its attendees networking opportunities to discuss and discover how companies are addressing the world’s crude oil and natural gas needs.

Attendees will hear from a broad spectrum of companies about their 2010 development and exploration plans, operational updates, and gain valuable insight from energy analysts regarding their future outlook for trends and the direction for commodity prices. Interested participants can register to attend, find a presenter list and view live webcasts at  Sponsors of TOSC 8 are Calyon, Netherland, Sewell & Associates, and Preng & Associates. [Read the full article]

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Eugene Allen has been appointed president and chief operating officer of Best Energy Services Inc. Allen succeeds Tony Bruce, who has retired from Best Energy (OTCBB: BEYS). Bruce, who had been with the energy services company since 1991, also resigned his seat on Best Energy’s board of directors. The company said in a statement Monday that it has no immediate plans to fill that board seat, leaving it with four directors. Allen has more than 40 years’ experience in the oil and gas industry, most recently as general manager of Best Well Services Inc., the company’s subsidiary based in Liberal, Kan. He will continue his operational role with Best Well Services while overseeing the liquidation of non-strategic assets from the parent company’s discontinued business units. © 2010 American City Business Journals, Inc. and its licensors. All rights reserved. [Read the full article]

Concho Resources Inc. (NYSE: CXO – News) (“Concho” or the “Company”) will host a conference call on Thursday, February 25, 2010, at 9:00 a.m. CST (10:00 a.m. EST) to discuss its fourth quarter and full year 2009 financial and operating results. Earnings are expected to be released after the market closes on Wednesday, February 24, 2010.

Individuals who would like to participate should call 800-299-9630 (passcode: 15400846) approximately 15 minutes before the scheduled conference call time. To access the live audio webcast, please visit the investor relations section of the Company’s website, A replay of the call will also be available, by dialing 888-286-8010 (passcode: 85822213) or via the Company’s website, for approximately 30 days following the conference call.

Concho Resources Inc. [Read the full article]

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