American Gilsonite Company Names David Gallagher as Senior Vice President

HOUSTON, Nov. 11, 2013 /PRNewswire/ -- American Gilsonite Company, Inc. ("American Gilsonite", or "AGC"), the world's primary supplier of Gilsonite®, today announced it has appointed David G. Gallagher as Senior Vice President, Commercial Operations, effective immediately. Mr. Gallagher has more than 30 years of experience in the oilfield service industry, holding executive level positions at leading firms such as Schlumberger, Carbo Ceramics and Baker Hughes.  

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President and Chief Executive Officer Ted Stevens said, "We are excited to have someone with David's comprehensive experience and extensive knowledge in the oil and gas industry, including both conventional and unconventional resource development, to lead the continued expansion of our global business. His successful career has included assignments in engineering, operations, marketing and sales, and executive management, both domestically and internationally. David has substantial experience in developing client focused solutions that will be central to our growth strategy, and under his direction, we anticipate further penetration in our core global markets, more focused direction in our R&D efforts and a further expansion of our product portfolio."

Gallagher earned a Bachelor's of Engineering degree from The University of New Mexico.

About American Gilsonite Company (www.americangilsonite.com)
AGC operates as an industrial minerals company and is the world's primary miner and processor of uintaite, a variety of asphaltite, a specialty hydrocarbon which AGC markets to industrial customers under its registered trademark name "Gilsonite®".  Gilsonite is a glossy, black, solid naturally occurring hydrocarbon similar in appearance to hard asphalt and is believed to be found in commercial quantities only in the Uinta Basin in northeastern Utah.  Because of its unique chemical and physical properties, Gilsonite has been used in more than 160 products.  The Company sells its products to customers in four primary markets: (i) oil and gas, (ii) inks and paints, (iii) foundry and (iv) asphalt. AGC is headquartered in Bonanza, Utah.  AGC is a privately held, portfolio company of Palladium Equity Partners III, L.P.

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SOURCE American Gilsonite Company, Inc.