Oilflow Solutions, the developer and provider of technology for heavy oil viscosity reduction, declared the appointment of Fred Meyer as Chief Executive Officer.
Meyer was previously the VP Sales and Marketing with a midsized Calgary based international service company. He has 31 years experience in the oil and gas industry, including 27 years with a major international service company which included assignments in Eastern and Western Canada as well as several assignments in Africa and South America. During this period Meyer's roles included several senior operational and sales managerial positions. Meyer brings to Oilflow Solutions valuable insight and experience within the Calgary E&P community.
Working with clients such as Husky, Canadian Natural Resources and Shell, Oilflow Solutions has developed a range of innovative and environmentally friendly products for the extraction of heavy oil.
Proflux has been boosting production from underperforming heavy oil wells across Alberta and Saskatchewan since 2008. It is also effective in extending the production life of steam-stimulated wells.
In his new position Meyer will lead the company's growth in Canada and world-wide.
"This unique and exciting technology is already delivering significant value to our customers, frequently doubling or tripling production," said Meyer. "There is huge potential for future growth of this technology in the Canadian heavy oil market."
Co-founder and previous CEO Mike Crabtree will take up a new position as President of Oilflow Solutions with specific responsibility for product development and international business.
"Fred Meyer coming on board is a major coup for Oilflow, he will bring the experience and high level contacts to take the business to the next level of growth and development in Canada, while allowing the large overseas markets to be effectively addressed," said Crabtree.