Reservoir monitoring technology provider appoints oil and gas industry veteran as new CEO

(WO) - Probe Technologies Holdings, Inc., a leading supplier of logging and reservoir monitoring technology to the global oil, natural gas, and geothermal industries, announced the appointment of Mr. Trey Clark as President and CEO of the company to lead its future growth and expansion.

Clark brings 25 years of experience growing and transforming multi-national, technology-focused businesses in the global energy industry. Most recently, Clark served as Vice President - Wireline and Perforating for Halliburton, a role he assumed when he joined in 2017.

Prior thereto, Clark spent approximately 20 years working for Baker Hughes in a variety of executive roles and as a corporate officer. Mr. Federico Casavantes, who has served as President and CEO since Probe was recapitalized by Turnbridge Capital in 2017, will remain actively involved in the newly-created role of Vice Chairman.

Mr. Clark commented, "Our customers in the energy industry are facing a unique challenge: their demand for technologies that optimize production is on the rise, while at the same time, they continue adapting to an environment of constrained capital. Probe has an important role to play, supplying our customers with the technologies they need, when they need them, to optimize their costs of asset ownership while minimizing their environmental footprint."

Mr. Casavantes added, ". Many of us have known Trey for much of his career. He is a proven leader with demonstrated success in our industry, making him ideally suited to increase collaboration with our customers and execute our growth strategy. I am proud of Probe's accomplishments to date and energized about what can be achieved in the future. Under Trey's leadership and the ongoing support of our capital partners at Turnbridge, I believe Probe's future is brighter than ever before in its history, and I look forward to remaining active and supportive in my new role."